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Portland, CT Real Estate


According to census data in the year 2000 there were 2,292 housing units in Portland. This represents a 3.2% growth from 2,222 in 1990.

Of those housing units, 2,138 were located in either urbanized areas or urban clusters, and 154 were located in what is classified as a rural area.

Homeownership rate in Portland is about 71.4%. Portland's vacancy rate, including seasonal lodging, is about 2.7%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Portland were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom9.40%
Two Bedrooms27%
Three Bedrooms42.90%
Four Bedrooms17.90%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1955
Median Value of occupied units$140,100
Median Price asked for vacant units$143,800

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1939
Median Monthly Rent asked for vacant units$365

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.20%
Home Equity Loan5.90%
Simple Mortgage51.50%
Debt Free37.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%