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Trappe, MD Real Estate


According to census data in the year 2000 there were 447 housing units in Trappe. This represents a 6.7% growth from 419 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 447 were located in what is classified as a rural area.

Homeownership rate in Trappe is about 63.4%. Trappe's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.67 people.

The majority of houses, apartments or condos in Trappe were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom7.40%
Two Bedrooms29.30%
Three Bedrooms46.10%
Four Bedrooms11.20%
Five Bedrooms or more4.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1974
Median Value of occupied units$94,200
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1974
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan10.90%
Simple Mortgage56%
Debt Free28%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%