Damariscotta-Newcastle, ME Real Estate

According to census data in the year 2000 there were 924 housing units in Damariscotta-Newcastle. This represents a 8.1% growth from 855 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 924 were located in what is classified as a rural area.

Homeownership rate in Damariscotta-Newcastle is about 66.9%. Damariscotta-Newcastle's vacancy rate, including seasonal lodging, is about 10.7%. Average household size is 2.02 people.

The majority of houses, apartments or condos in Damariscotta-Newcastle were built after 1947.


Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom22.70%
Two Bedrooms25.60%
Three Bedrooms32.70%
Four Bedrooms13.90%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1945
Median Value of occupied units$155,100
Median Price asked for vacant units$182,500

Rented Homes, Apartments and Condos

Average Household Size1.65
Median year structure was built1953
Median Monthly Rent asked for vacant units$381

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.60%
Home Equity Loan10.10%
Simple Mortgage41.40%
Debt Free38.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%