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Marblehead, MA Real Estate


According to census data in the year 2000 there were 8,906 housing units in Marblehead. This represents a 1.9% growth from 8,736 in 1990.

Of those housing units, 8,906 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Marblehead is about 75.3%. Marblehead's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Marblehead were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom11.20%
Two Bedrooms22.30%
Three Bedrooms39.50%
Four Bedrooms20.20%
Five Bedrooms or more6.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1947
Median Value of occupied units$340,700
Median Price asked for vacant units$433,300

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1939
Median Monthly Rent asked for vacant units$798

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan11.30%
Simple Mortgage56.60%
Debt Free28.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%