Lake Shore, MD Real Estate

According to census data in the year 2000 there were 4,791 housing units in Lake Shore. This represents a 4% growth from 4,605 in 1990.

Of those housing units, 4,791 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lake Shore is about 92.4%. Lake Shore's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.86 people.

The majority of houses, apartments or condos in Lake Shore were built after 1970.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom3.20%
Two Bedrooms12.70%
Three Bedrooms48.40%
Four Bedrooms28.40%
Five Bedrooms or more7%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.85
Median year structure was built1971
Median Value of occupied units$173,600
Median Price asked for vacant units$142,500

Rented Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1963
Median Monthly Rent asked for vacant units$826

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage13.70%
Home Equity Loan14.40%
Simple Mortgage48.90%
Debt Free22.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%