Damariscotta-Newcastle, ME Real Estate
According to census data in the year 2000 there were 924 housing units in Damariscotta-Newcastle.
This represents a 8.1% growth from 855 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 924 were located in what is classified as a rural area.
Homeownership rate in Damariscotta-Newcastle is about 66.9%.
Damariscotta-Newcastle's vacancy rate, including seasonal lodging, is about 10.7%.
Average household size is 2.02 people.
The majority of houses, apartments or condos in Damariscotta-Newcastle were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 22.70% |
| Two Bedrooms | 25.60% |
| Three Bedrooms | 32.70% |
| Four Bedrooms | 13.90% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.21 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $155,100 |
| Median Price asked for vacant units | $182,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.65 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $381 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.60% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 41.40% |
| Debt Free | 38.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
