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Augusta, ME Real Estate


According to census data in the year 2000 there were 9,480 housing units in Augusta. This represents a 1% decline from 9,572 in 1990.

Of those housing units, 7,146 were located in either urbanized areas or urban clusters, and 2,334 were located in what is classified as a rural area.

Homeownership rate in Augusta is about 54.4%. Augusta's vacancy rate, including seasonal lodging, is about 9.7%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Augusta were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom18.50%
Two Bedrooms37.10%
Three Bedrooms30.80%
Four Bedrooms9.50%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1957
Median Value of occupied units$80,500
Median Price asked for vacant units$63,300

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1953
Median Monthly Rent asked for vacant units$404

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.40%
Home Equity Loan8.60%
Simple Mortgage47.50%
Debt Free38.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%