Selby-on-the-Bay, MD Real Estate
According to census data in the year 2000 there were 1,473 housing units in Selby-on-the-Bay.
This represents a 24.1% growth from 1,187 in 1990.
Of those housing units, 1,473 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Selby-on-the-Bay is about 87.7%.
Selby-on-the-Bay's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.57 people.
The majority of houses, apartments or condos in Selby-on-the-Bay were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 1.80% |
| Two Bedrooms | 19.70% |
| Three Bedrooms | 48.10% |
| Four Bedrooms | 22.90% |
| Five Bedrooms or more | 6.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $165,600 |
| Median Price asked for vacant units | $122,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 10.30% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 60.60% |
| Debt Free | 22.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
