Kensington, MD Real Estate
According to census data in the year 2000 there were 768 housing units in Kensington.
This represents a 2.8% growth from 747 in 1990.
Of those housing units, 768 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Kensington is about 66.9%.
Kensington's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Kensington were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 12% |
| Two Bedrooms | 14.30% |
| Three Bedrooms | 42.70% |
| Four Bedrooms | 23.40% |
| Five Bedrooms or more | 6.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $278,600 |
| Median Price asked for vacant units | $350,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $833 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9% |
| Home Equity Loan | 11% |
| Simple Mortgage | 61.40% |
| Debt Free | 18.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
