Redland, MD Real Estate
According to census data in the year 2000 there were 5,485 housing units in Redland.
This represents a 7.1% growth from 5,121 in 1990.
Of those housing units, 5,331 were located in either urbanized areas or urban clusters, and 154 were located in what is classified as a rural area.
Homeownership rate in Redland is about 77.6%.
Redland's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 3.23 people.
The majority of houses, apartments or condos in Redland were built after 1979.
|Housing Units by Size|
|Five Bedrooms or more||9.10%|
Owned Homes, Apartments and Condos
|Average Household Size||3.2|
|Median year structure was built||1979|
|Median Value of occupied units||$202,500|
|Median Price asked for vacant units||$120,500|
Rented Homes, Apartments and Condos
|Average Household Size||3.32|
|Median year structure was built||1978|
|Median Monthly Rent asked for vacant units||$835|
Owners Finance Status
|Second Mortgage & Equity Loan||1.10%|
|Home Equity Loan||10.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.2%|