Farmington, ME Real Estate
According to census data in the year 2000 there were 1,724 housing units in Farmington.
This represents a 4.9% growth from 1,644 in 1990.
Of those housing units, 1,518 were located in either urbanized areas or urban clusters, and 206 were located in what is classified as a rural area.
Homeownership rate in Farmington is about 39.3%.
Farmington's vacancy rate, including seasonal lodging, is about 6.3%.
Average household size is 1.95 people.
The majority of houses, apartments or condos in Farmington were built after 1953.
|Housing Units by Size|
|Five Bedrooms or more||5.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1952|
|Median Value of occupied units||$88,300|
|Median Price asked for vacant units||$95,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.7|
|Median year structure was built||1955|
|Median Monthly Rent asked for vacant units||$386|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||12.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18%|