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Sanford, ME Real Estate


According to census data in the year 2000 there were 4,359 housing units in Sanford. This represents a 2% growth from 4,275 in 1990.

Of those housing units, 4,264 were located in either urbanized areas or urban clusters, and 95 were located in what is classified as a rural area.

Homeownership rate in Sanford is about 52.5%. Sanford's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Sanford were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom15.30%
Two Bedrooms32.90%
Three Bedrooms34.90%
Four Bedrooms10.10%
Five Bedrooms or more5.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1945
Median Value of occupied units$88,200
Median Price asked for vacant units$84,600

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1949
Median Monthly Rent asked for vacant units$455

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.30%
Home Equity Loan9.80%
Simple Mortgage48.70%
Debt Free34.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%