Old Town, ME Real Estate

According to census data in the year 2000 there were 3,680 housing units in Old Town. This represents a 3.7% growth from 3,547 in 1990.

Of those housing units, 2,843 were located in either urbanized areas or urban clusters, and 837 were located in what is classified as a rural area.

Homeownership rate in Old Town is about 59.9%. Old Town's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Old Town were built after 1954.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom16.50%
Two Bedrooms30.80%
Three Bedrooms35.50%
Four Bedrooms14.70%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1952
Median Value of occupied units$77,100
Median Price asked for vacant units$58,300

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1957
Median Monthly Rent asked for vacant units$420

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.10%
Home Equity Loan6.80%
Simple Mortgage44.90%
Debt Free43.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%