Severna Park, MD Real Estate
According to census data in the year 2000 there were 9,951 housing units in Severna Park.
This represents a 12.5% growth from 8,843 in 1990.
Of those housing units, 9,951 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Severna Park is about 91.2%.
Severna Park's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.89 people.
The majority of houses, apartments or condos in Severna Park were built after 1973.
|Housing Units by Size|
|Five Bedrooms or more||12.10%|
Owned Homes, Apartments and Condos
|Average Household Size||2.95|
|Median year structure was built||1974|
|Median Value of occupied units||$237,200|
|Median Price asked for vacant units||$125,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.26|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$2,001|
Owners Finance Status
|Second Mortgage & Equity Loan||0.90%|
|Home Equity Loan||13%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.4%|