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Severna Park, MD Housing

 
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As of 2010-2014, median price of a house in Severna Park is $480,100, which is much higher than the state average of $287,500 and is much higher than the national average of $175,700. The Severna Park median house value has grown by 102.40% since 2000. The growth rate for the price of a house in Severna Park is higher than the state average rate of 96.92% and is much higher than the national average rate of 46.91%. The median year that a house in Severna Park was built is 1977, which is newer than the median year for a house built in the state which is 1975 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 12,052 Owner Occupied Houses in Severna Park, MD, #37
Severna Park, MD
480,100 USD
Maryland
287,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #107
Severna Park, MD
102.40%
Maryland
96.92%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Severna Park, MDMarylandU.S.
Total Housing Units13,636, see rank, 100%2,399,375132,741,033
Occupied Housing Units13,056, 95.75%, see rank89.86%87.55%
Owner Occupied12,052, 88.38%, see rank60.26%56.34%
Renter Occupied1,004, 7.36%, see rank29.60%31.21%
Vacant Housing Units580, 4.25%, see rank10.14%12.45%
For Rent0, 0.00%, see rank2.24%2.34%
For Sale Only40, 0.29%, see rank1.11%1.20%
Rented or Sold, Not Occupied85, 0.62%, see rank0.65%0.92%
For Seasonal, Recreational, or Occasional Use178, 1.31%, see rank2.35%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant277, 2.03%, see rank3.76%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #197
Severna Park, MDMarylandU.S.
197719751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Severna Park, MD%MarylandU.S.
Owner-Occupied Units12,052100%1,445,88074,787,460
With a Mortgage9,23376.61%, see rank75.17%65.58%
Without a Mortgage2,81923.39%, see rank24.83%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Severna Park, MD
2,492 USD
Maryland
1,999 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSeverna Park, MD%MarylandU.S.
$299 or Less00.00%, see rank0.12%0.20%
$300 to $499270.29%, see rank0.75%1.59%
$500 to $6991021.10%, see rank1.94%5.01%
$700 to $9993203.47%, see rank5.73%14.32%
$1,000 to $1,4991,02611.11%, see rank18.28%27.90%
$1,500 to $1,9991,42615.44%, see rank23.23%20.35%
$2,000 to $2,9993,31335.88%, see rank31.23%19.52%
$3,000 or More3,01932.70%, see rank18.71%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Severna Park, MD
22.40% of the Total Income
Maryland
24.00% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Severna Park, MD%MarylandU.S.
10% or Less7107.69%, see rank5.74%5.86%
10% to 20%3,07533.30%, see rank30.56%31.95%
20% to 30%2,91531.57%, see rank29.32%27.64%
30% to 40%1,08111.71%, see rank14.45%13.74%
40% or More1,43615.55%, see rank19.55%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Severna Park, MD
624 USD
Maryland
583 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSeverna Park, MD%MarylandU.S.
$199 or Less421.49%, see rank2.62%7.76%
$200 to $299642.27%, see rank5.55%14.70%
$300 to $49975326.71%, see rank28.64%34.63%
$500 to $69986430.65%, see rank29.57%21.16%
$700 or More1,09638.88%, see rank33.62%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Severna Park, MD
10.00% of the Total Income
Maryland
12.10% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Severna Park, MD%MarylandU.S.
10% or Less1,47252.22%, see rank41.59%40.19%
10% to 20%88931.54%, see rank30.55%31.47%
20% to 30%1284.54%, see rank11.67%12.24%
30% to 40%1144.04%, see rank5.66%5.64%
40% or More1635.78%, see rank9.55%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Severna Park, MDMarylandU.S.
Total Housing Units13,636, 100%2,399,375132,741,033
1-unit, Detached12,810, 93.94%, see rank51.72%61.65%
1-unit, Attached362, 2.65%, see rank21.19%5.82%
2 Units42, 0.31%, see rank1.60%3.75%
3 or 4 Units87, 0.64%, see rank2.20%4.43%
5 to 9 Units0, 0.00%, see rank4.94%4.78%
10 or More Units335, 2.46%, see rank16.70%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank1.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Severna Park, MDMarylandU.S.
Total Housing Units13,636, 100%2,399,375132,741,033
1 Room11, 0.08%, see rank1.15%1.95%
2 Rooms0, 0.00%, see rank1.62%2.48%
3 Rooms272, 1.99%, see rank7.62%9.13%
4 Rooms423, 3.10%, see rank12.84%16.60%
5 Rooms914, 6.70%, see rank14.80%20.41%
6 Rooms1,876, 13.76%, see rank17.19%18.06%
7 Rooms1,907, 13.99%, see rank14.01%12.27%
8 Rooms2,487, 18.24%, see rank11.30%8.48%
9 Rooms or More5,746, 42.14%, see rank19.47%10.60%
Median Rooms8.10, see rank6.205.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Severna Park, MDMarylandU.S.
Total Housing Units13,636, 100%2,399,375132,741,033
No Bedroom11, 0.08%, see rank1.33%2.17%
1 Bedroom233, 1.71%, see rank10.34%11.16%
2 Bedrooms1,073, 7.87%, see rank22.38%26.69%
3 Bedrooms4,595, 33.70%, see rank37.63%39.70%
4 Bedrooms5,614, 41.17%, see rank21.12%16.05%
5 or More Bedrooms2,110, 15.47%, see rank7.20%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Severna Park, MDMarylandU.S.
Total Housing Units13,056, 100%2,155,983116,211,092
Utility Gas5,676, 43.47%, see rank44.54%48.85%
Bottled, Tank, or LP Gas77, 0.59%, see rank3.17%4.86%
Electricity5,015, 38.41%, see rank39.67%36.68%
Fuel Oil, Kerosene, etc.2,090, 16.01%, see rank10.31%5.86%
Coal or Coke0, 0.00%, see rank0.11%0.12%
Wood125, 0.96%, see rank1.37%2.12%
Solar Energy19, 0.15%, see rank0.03%0.05%
Other Fuel47, 0.36%, see rank0.45%0.47%
No Fuel Used7, 0.05%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSeverna Park, MDMarylandU.S.
Occupied Units Paying Rent968, 100%682,56639,201,928
$199 or Less0, 0.00%, see rank1.63%1.50%
$200 to $2990, 0.00%, see rank2.77%3.18%
$300 to $49939, 4.03%, see rank3.76%7.37%
$500 to $69924, 2.48%, see rank5.52%16.01%
$700 to $999218, 22.52%, see rank18.21%29.17%
$1,000 to $1,499213, 22.00%, see rank37.53%26.88%
$1,500 to $1,999212, 21.90%, see rank19.46%9.79%
$2,000 or More262, 27.07%, see rank11.13%6.10%
Median$1,480, see rank$1,218$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Severna Park, MDMarylandU.S.
Occupied Housing Units13,056, 100%2,155,983116,211,092
No Vehicles Available241, 1.85%, see rank9.39%9.12%
1 Vehicles Available2,303, 17.64%, see rank32.90%33.80%
2 Vehicles Available5,783, 44.29%, see rank36.77%37.48%
3 or More Vehicles Available4,729, 36.22%, see rank20.95%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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