Frederick, MD Real Estate
According to census data in the year 2000 there were 22,052 housing units in Frederick.
This represents a 32.8% growth from 16,611 in 1990.
Of those housing units, 22,026 were located in either urbanized areas or urban clusters, and 26 were located in what is classified as a rural area.
Homeownership rate in Frederick is about 55.9%.
Frederick's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.43 people.
The majority of houses, apartments or condos in Frederick were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 15.20% |
| Two Bedrooms | 27.20% |
| Three Bedrooms | 38.60% |
| Four Bedrooms | 15% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1984 |
| Median Value of occupied units | $138,000 |
| Median Price asked for vacant units | $145,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $691 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 64.70% |
| Debt Free | 17.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
