Severn, MD Real Estate

According to census data in the year 2000 there were 12,380 housing units in Severn. This represents a 50.8% growth from 8,210 in 1990.

Of those housing units, 12,380 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Severn is about 73.4%. Severn's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.91 people.

The majority of houses, apartments or condos in Severn were built after 1984.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom4.10%
Two Bedrooms15.10%
Three Bedrooms48.90%
Four Bedrooms28%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1987
Median Value of occupied units$159,000
Median Price asked for vacant units$76,900

Rented Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1978
Median Monthly Rent asked for vacant units$533

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage12.70%
Home Equity Loan9%
Simple Mortgage66.10%
Debt Free11.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.2%