South Portland, ME Real Estate
According to census data in the year 2000 there were 10,349 housing units in South Portland.
This represents a 6.5% growth from 9,713 in 1990.
Of those housing units, 10,349 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in South Portland is about 64.3%.
South Portland's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.27 people.
The majority of houses, apartments or condos in South Portland were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 12.70% |
| Two Bedrooms | 34.90% |
| Three Bedrooms | 37.10% |
| Four Bedrooms | 12% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $112,900 |
| Median Price asked for vacant units | $89,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.84 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $571 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 5.60% |
| Home Equity Loan | 12.90% |
| Simple Mortgage | 51% |
| Debt Free | 30.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
