Biddeford, ME Real Estate
According to census data in the year 2000 there were 9,631 housing units in Biddeford.
This represents a 6.4% growth from 9,051 in 1990.
Of those housing units, 7,434 were located in either urbanized areas or urban clusters, and 2,197 were located in what is classified as a rural area.
Homeownership rate in Biddeford is about 48.6%.
Biddeford's vacancy rate, including seasonal lodging, is about 10.3%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Biddeford were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 16% |
| Two Bedrooms | 31.90% |
| Three Bedrooms | 37.50% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $116,100 |
| Median Price asked for vacant units | $99,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1940 |
| Median Monthly Rent asked for vacant units | $499 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.30% |
| Home Equity Loan | 13.30% |
| Simple Mortgage | 47.30% |
| Debt Free | 30.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
