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Chesapeake Beach, MD Real Estate


According to census data in the year 2000 there were 1,296 housing units in Chesapeake Beach. This represents a 27.6% growth from 1,016 in 1990.

Of those housing units, 1,210 were located in either urbanized areas or urban clusters, and 86 were located in what is classified as a rural area.

Homeownership rate in Chesapeake Beach is about 77%. Chesapeake Beach's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.69 people.

The majority of houses, apartments or condos in Chesapeake Beach were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.60%
Two Bedrooms21.80%
Three Bedrooms51.30%
Four Bedrooms17.70%
Five Bedrooms or more3.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1983
Median Value of occupied units$157,600
Median Price asked for vacant units$152,500

Rented Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1976
Median Monthly Rent asked for vacant units$655

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan12.40%
Simple Mortgage67.10%
Debt Free12.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%