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Farmingdale, ME Real Estate


According to census data in the year 2000 there were 920 housing units in Farmingdale. This represents a 1.1% growth from 910 in 1990.

Of those housing units, 920 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Farmingdale is about 64.9%. Farmingdale's vacancy rate, including seasonal lodging, is about 5.4%. Average household size is 2.15 people.

The majority of houses, apartments or condos in Farmingdale were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom15.40%
Two Bedrooms35.90%
Three Bedrooms34.80%
Four Bedrooms11.60%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.23
Median year structure was built1959
Median Value of occupied units$87,300
Median Price asked for vacant units$100,000

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1979
Median Monthly Rent asked for vacant units$379

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.80%
Home Equity Loan13.90%
Simple Mortgage49.70%
Debt Free34.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%