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Springvale, ME Real Estate


According to census data in the year 2000 there were 1,477 housing units in Springvale. This represents a 0.5% growth from 1,469 in 1990.

Of those housing units, 1,324 were located in either urbanized areas or urban clusters, and 153 were located in what is classified as a rural area.

Homeownership rate in Springvale is about 57.7%. Springvale's vacancy rate, including seasonal lodging, is about 4.2%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Springvale were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom12.30%
Two Bedrooms41.30%
Three Bedrooms28.20%
Four Bedrooms14.30%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1957
Median Value of occupied units$84,000
Median Price asked for vacant units$118,800

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1959
Median Monthly Rent asked for vacant units$602

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.30%
Home Equity Loan5.40%
Simple Mortgage57.80%
Debt Free30.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%