Saco, ME Real Estate
According to census data in the year 2000 there were 7,424 housing units in Saco.
This represents a 8.8% growth from 6,826 in 1990.
Of those housing units, 6,039 were located in either urbanized areas or urban clusters, and 1,385 were located in what is classified as a rural area.
Homeownership rate in Saco is about 66.2%.
Saco's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.44 people.
The majority of houses, apartments or condos in Saco were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 10.70% |
| Two Bedrooms | 33.90% |
| Three Bedrooms | 38.70% |
| Four Bedrooms | 14% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $119,800 |
| Median Price asked for vacant units | $135,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.97 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $569 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 12.10% |
| Simple Mortgage | 55.20% |
| Debt Free | 26% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
