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Manchester, MD Real Estate


According to census data in the year 2000 there were 1,178 housing units in Manchester. This represents a 13.4% growth from 1,039 in 1990.

Of those housing units, 1,148 were located in either urbanized areas or urban clusters, and 30 were located in what is classified as a rural area.

Homeownership rate in Manchester is about 79.8%. Manchester's vacancy rate, including seasonal lodging, is about 4.4%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Manchester were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom5.80%
Two Bedrooms18.90%
Three Bedrooms55.30%
Four Bedrooms15.60%
Five Bedrooms or more4%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1981
Median Value of occupied units$137,500
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1939
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.50%
Home Equity Loan14.10%
Simple Mortgage53.90%
Debt Free19.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%