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Elkridge, MD Real Estate


According to census data in the year 2000 there were 8,733 housing units in Elkridge. This represents a 56.7% growth from 5,574 in 1990.

Of those housing units, 8,733 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Elkridge is about 77.4%. Elkridge's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Elkridge were built after 1989.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom8%
Two Bedrooms27.50%
Three Bedrooms43.90%
Four Bedrooms18%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1989
Median Value of occupied units$158,600
Median Price asked for vacant units$104,200

Rented Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1987
Median Monthly Rent asked for vacant units$833

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage10.70%
Home Equity Loan11.10%
Simple Mortgage68.50%
Debt Free9.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.7%