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Belfast, ME Real Estate


According to census data in the year 2000 there were 3,121 housing units in Belfast. This represents a 7.7% growth from 2,898 in 1990.

Of those housing units, 1,697 were located in either urbanized areas or urban clusters, and 1,424 were located in what is classified as a rural area.

Homeownership rate in Belfast is about 67.6%. Belfast's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Belfast were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom15.70%
Two Bedrooms36%
Three Bedrooms31.70%
Four Bedrooms10.70%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1965
Median Value of occupied units$108,200
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1941
Median Monthly Rent asked for vacant units$454

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan12.10%
Simple Mortgage39.90%
Debt Free41.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%