Garrett Park, MD Real Estate
According to census data in the year 2000 there were 348 housing units in Garrett Park.
This represents a 1.2% growth from 344 in 1990.
Of those housing units, 348 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Garrett Park is about 90.5%.
Garrett Park's vacancy rate, including seasonal lodging, is about 3.2%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Garrett Park were built after 1952.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 2.60% |
| Two Bedrooms | 13.20% |
| Three Bedrooms | 27.90% |
| Four Bedrooms | 33.30% |
| Five Bedrooms or more | 22.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $342,700 |
| Median Price asked for vacant units | $412,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.19 |
| Median year structure was built | 1952 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 2.20% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 43.20% |
| Debt Free | 35.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
