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Towson, MD Real Estate


According to census data in the year 2000 there were 22,025 housing units in Towson. This represents a 2.5% growth from 21,481 in 1990.

Of those housing units, 22,025 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Towson is about 59.6%. Towson's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.16 people.

The majority of houses, apartments or condos in Towson were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom15.40%
Two Bedrooms26.80%
Three Bedrooms38.60%
Four Bedrooms12.30%
Five Bedrooms or more4.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1953
Median Value of occupied units$157,100
Median Price asked for vacant units$142,700

Rented Homes, Apartments and Condos

Average Household Size1.69
Median year structure was built1967
Median Monthly Rent asked for vacant units$806

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.60%
Home Equity Loan10.10%
Simple Mortgage51.10%
Debt Free31.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.5%