Hancock, MD Real Estate

According to census data in the year 2000 there were 813 housing units in Hancock. This represents a 4.1% decline from 848 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 813 were located in what is classified as a rural area.

Homeownership rate in Hancock is about 49.7%. Hancock's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.26 people.

The majority of houses, apartments or condos in Hancock were built after 1951.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom22.10%
Two Bedrooms31.50%
Three Bedrooms36.30%
Four Bedrooms7.30%
Five Bedrooms or more2.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1952
Median Value of occupied units$71,000
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1950
Median Monthly Rent asked for vacant units$328

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.30%
Home Equity Loan3.70%
Simple Mortgage47.30%
Debt Free45.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%