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 Size

Housing Units by Size
Studio Type0.50%
One Bedroom1.80%
Two Bedrooms5.70%
Three Bedrooms35.90%
Four Bedrooms44%
Five Bedrooms or more12.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1974
Median Value of occupied units$237,200
Median Price asked for vacant units$125,900

Rented Homes, Apartments and Condos

Average Household Size2.26
Median year structure was built1965
Median Monthly Rent asked for vacant units$2,001

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage10.20%
Home Equity Loan13%
Simple Mortgage53.90%
Debt Free22%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%