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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 Type1.40%
One Bedroom12.70%
Two Bedrooms34.90%
Three Bedrooms37.10%
Four Bedrooms12%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1949
Median Value of occupied units$112,900
Median Price asked for vacant units$89,600

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1960
Median Monthly Rent asked for vacant units$571

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage5.60%
Home Equity Loan12.90%
Simple Mortgage51%
Debt Free30.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%