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Smith Island, MD Real Estate


According to census data in the year 2000 there were 269 housing units in Smith Island.

Of those housing units, none were located in either urbanized areas or urban clusters, and 269 were located in what is classified as a rural area.

Homeownership rate in Smith Island is about 100%. Smith Island's vacancy rate, including seasonal lodging, is about 38.7%. Average household size is 2.19 people.

The majority of houses, apartments or condos in Smith Island were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.20%
Two Bedrooms27.90%
Three Bedrooms49.80%
Four Bedrooms7.10%
Five Bedrooms or more7.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1952
Median Value of occupied units$55,000
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage44.70%
Debt Free55.30%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs20.4%