Mechanic Falls, ME Real Estate
According to census data in the year 2000 there were 970 housing units in Mechanic Falls.
This represents a 4% growth from 933 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 970 were located in what is classified as a rural area.
Homeownership rate in Mechanic Falls is about 71%.
Mechanic Falls's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Mechanic Falls were built after 1951.
|Housing Units by Size|
|Five Bedrooms or more||4.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.75|
|Median year structure was built||1956|
|Median Value of occupied units||$79,100|
|Median Price asked for vacant units||$75,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.48|
|Median year structure was built||1943|
|Median Monthly Rent asked for vacant units||$404|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.3%|