Cape Neddick, ME Real Estate
According to census data in the year 2000 there were 3,400 housing units in Cape Neddick.
This represents a 16.4% growth from 2,920 in 1990.
Of those housing units, 3,324 were located in either urbanized areas or urban clusters, and 76 were located in what is classified as a rural area.
Homeownership rate in Cape Neddick is about 81.5%.
Cape Neddick's vacancy rate, including seasonal lodging, is about 62.4%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Cape Neddick were built after 1981.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 11.10% |
| Two Bedrooms | 35.90% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 12.40% |
| Five Bedrooms or more | 2.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1981 |
| Median Value of occupied units | $200,000 |
| Median Price asked for vacant units | $89,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1978 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.10% |
| Home Equity Loan | 7.60% |
| Simple Mortgage | 57.60% |
| Debt Free | 32.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.9% |
