Oakland, ME Real Estate
According to census data in the year 2000 there were 1,327 housing units in Oakland.
This represents a 8.4% decline from 1,448 in 1990.
Of those housing units, 1,124 were located in either urbanized areas or urban clusters, and 203 were located in what is classified as a rural area.
Homeownership rate in Oakland is about 73%.
Oakland's vacancy rate, including seasonal lodging, is about 12.7%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Oakland were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 17.90% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 36.40% |
| Four Bedrooms | 16.10% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $80,400 |
| Median Price asked for vacant units | $75,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1941 |
| Median Monthly Rent asked for vacant units | $344 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 8% |
| Simple Mortgage | 56.10% |
| Debt Free | 28.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
