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Richmond, ME Real Estate


According to census data in the year 2000 there were 859 housing units in Richmond. This represents a 15.6% growth from 743 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 859 were located in what is classified as a rural area.

Homeownership rate in Richmond is about 66.1%. Richmond's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Richmond were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom19.60%
Two Bedrooms24.40%
Three Bedrooms39.60%
Four Bedrooms10.70%
Five Bedrooms or more5.70%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1939
Median Value of occupied units$83,100
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1949
Median Monthly Rent asked for vacant units$414

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.90%
Home Equity Loan10.90%
Simple Mortgage62.70%
Debt Free19.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%