Laurel, MD Real Estate
According to census data in the year 2000 there were 9,548 housing units in Laurel.
This represents a 5.5% growth from 9,049 in 1990.
Of those housing units, 9,548 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Laurel is about 49.9%.
Laurel's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Laurel were built after 1979.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.43|
|Median year structure was built||1982|
|Median Value of occupied units||$126,400|
|Median Price asked for vacant units||$111,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.99|
|Median year structure was built||1975|
|Median Monthly Rent asked for vacant units||$647|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||11.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22.5%|