Home

Cape Neddick, ME Real Estate


According to census data in the year 2000 there were 3,400 housing units in Cape Neddick. This represents a 16.4% growth from 2,920 in 1990.

Of those housing units, 3,324 were located in either urbanized areas or urban clusters, and 76 were located in what is classified as a rural area.

Homeownership rate in Cape Neddick is about 81.5%. Cape Neddick's vacancy rate, including seasonal lodging, is about 62.4%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Cape Neddick were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom11.10%
Two Bedrooms35.90%
Three Bedrooms38.20%
Four Bedrooms12.40%
Five Bedrooms or more2.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1981
Median Value of occupied units$200,000
Median Price asked for vacant units$89,400

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1978

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.10%
Home Equity Loan7.60%
Simple Mortgage57.60%
Debt Free32.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.9%