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Columbia, MD Real Estate


According to census data in the year 2000 there were 35,289 housing units in Columbia. This represents a 15.1% growth from 30,651 in 1990.

Of those housing units, 35,249 were located in either urbanized areas or urban clusters, and 40 were located in what is classified as a rural area.

Homeownership rate in Columbia is about 66%. Columbia's vacancy rate, including seasonal lodging, is about 3.1%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Columbia were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom13.30%
Two Bedrooms18.20%
Three Bedrooms33%
Four Bedrooms27.90%
Five Bedrooms or more6.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1979
Median Value of occupied units$180,500
Median Price asked for vacant units$181,800

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1981
Median Monthly Rent asked for vacant units$895

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage12.70%
Home Equity Loan13.10%
Simple Mortgage63.90%
Debt Free10.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%