Montgomery Village, MD Real Estate
According to census data in the year 2000 there were 14,566 housing units in Montgomery Village.
This represents a 11% growth from 13,120 in 1990.
Of those housing units, 14,566 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Montgomery Village is about 72.1%.
Montgomery Village's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Montgomery Village were built after 1981.
|Housing Units by Size|
|Five Bedrooms or more||4.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.72|
|Median year structure was built||1981|
|Median Value of occupied units||$145,800|
|Median Price asked for vacant units||$113,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.52|
|Median year structure was built||1980|
|Median Monthly Rent asked for vacant units||$957|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.2%|