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 Units by Size|
|Five Bedrooms or more||2.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1952|
|Median Value of occupied units||$71,000|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.27|
|Median year structure was built||1950|
|Median Monthly Rent asked for vacant units||$328|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||3.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.6%|