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Lutherville-Timonium, MD Real Estate


According to census data in the year 2000 there were 6,601 housing units in Lutherville-Timonium. This represents a 0.1% growth from 6,596 in 1990.

Of those housing units, 6,601 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lutherville-Timonium is about 82.6%. Lutherville-Timonium's vacancy rate, including seasonal lodging, is about 2%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Lutherville-Timonium were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom8.20%
Two Bedrooms11.40%
Three Bedrooms52.10%
Four Bedrooms22.80%
Five Bedrooms or more5.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1959
Median Value of occupied units$170,700
Median Price asked for vacant units$170,300

Rented Homes, Apartments and Condos

Average Household Size1.89
Median year structure was built1970
Median Monthly Rent asked for vacant units$675

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage6.50%
Home Equity Loan8.40%
Simple Mortgage42.90%
Debt Free42%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%