Lanham, MD Real Estate
According to census data in the year 2000 there were 6,457 housing units in Lanham.
This represents a 7.6% growth from 6,001 in 1990.
Of those housing units, 6,457 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lanham is about 76.1%.
Lanham's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.88 people.
The majority of houses, apartments or condos in Lanham were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 9.70% |
| Two Bedrooms | 13.10% |
| Three Bedrooms | 40.30% |
| Four Bedrooms | 27.40% |
| Five Bedrooms or more | 6.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $146,100 |
| Median Price asked for vacant units | $119,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $577 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9.80% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 66.20% |
| Debt Free | 16.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
