Waterville, ME Real Estate
According to census data in the year 2000 there were 6,819 housing units in Waterville.
This represents a 2.7% decline from 7,008 in 1990.
Of those housing units, 6,097 were located in either urbanized areas or urban clusters, and 722 were located in what is classified as a rural area.
Homeownership rate in Waterville is about 49.2%.
Waterville's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Waterville were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 19.10% |
| Two Bedrooms | 33.60% |
| Three Bedrooms | 28.30% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $78,500 |
| Median Price asked for vacant units | $39,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.87 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $388 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 10% |
| Simple Mortgage | 47% |
| Debt Free | 39.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.8% |
