Old Town, ME Real Estate
According to census data in the year 2000 there were 3,680 housing units in Old Town.
This represents a 3.7% growth from 3,547 in 1990.
Of those housing units, 2,843 were located in either urbanized areas or urban clusters, and 837 were located in what is classified as a rural area.
Homeownership rate in Old Town is about 59.9%.
Old Town's vacancy rate, including seasonal lodging, is about 6.9%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Old Town were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 16.50% |
| Two Bedrooms | 30.80% |
| Three Bedrooms | 35.50% |
| Four Bedrooms | 14.70% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.49 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $77,100 |
| Median Price asked for vacant units | $58,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $420 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 6.80% |
| Simple Mortgage | 44.90% |
| Debt Free | 43.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.7% |
