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Overlea, MD Real Estate


According to census data in the year 2000 there were 5,226 housing units in Overlea. This represents a 6.1% growth from 4,925 in 1990.

Of those housing units, 5,226 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Overlea is about 75.4%. Overlea's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Overlea were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom10.70%
Two Bedrooms27.90%
Three Bedrooms50.20%
Four Bedrooms9.80%
Five Bedrooms or more0.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1954
Median Value of occupied units$107,300
Median Price asked for vacant units$89,700

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1974
Median Monthly Rent asked for vacant units$635

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.30%
Home Equity Loan6.20%
Simple Mortgage47.70%
Debt Free34.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%