Ballenger Creek, MD Real Estate
According to census data in the year 2000 there were 5,354 housing units in Ballenger Creek.
This represents a 111.5% growth from 2,532 in 1990.
Of those housing units, 5,276 were located in either urbanized areas or urban clusters, and 78 were located in what is classified as a rural area.
Homeownership rate in Ballenger Creek is about 69.8%.
Ballenger Creek's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Ballenger Creek were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 10.60% |
| Two Bedrooms | 23.70% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 17.60% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $133,700 |
| Median Price asked for vacant units | $117,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1991 |
| Median Monthly Rent asked for vacant units | $807 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.80% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 72.60% |
| Debt Free | 10.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.4% |
