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Scarborough, ME Real Estate


According to census data in the year 2000 there were 1,784 housing units in Scarborough. This represents a 52.6% growth from 1,169 in 1990.

Of those housing units, 1,712 were located in either urbanized areas or urban clusters, and 72 were located in what is classified as a rural area.

Homeownership rate in Scarborough is about 75.5%. Scarborough's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Scarborough were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.30%
Two Bedrooms47.60%
Three Bedrooms34.10%
Four Bedrooms13.10%
Five Bedrooms or more1.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.64
Median year structure was built1988
Median Value of occupied units$142,500
Median Price asked for vacant units$47,500

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1982
Median Monthly Rent asked for vacant units$765

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage12.10%
Home Equity Loan13.70%
Simple Mortgage51.80%
Debt Free22.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%