Waterville, ME Real Estate

According to census data in the year 2000 there were 6,819 housing units in Waterville. This represents a 2.7% decline from 7,008 in 1990.

Of those housing units, 6,097 were located in either urbanized areas or urban clusters, and 722 were located in what is classified as a rural area.

Homeownership rate in Waterville is about 49.2%. Waterville's vacancy rate, including seasonal lodging, is about 8.8%. Average household size is 2.13 people.

The majority of houses, apartments or condos in Waterville were built after 1948.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom19.10%
Two Bedrooms33.60%
Three Bedrooms28.30%
Four Bedrooms13.80%
Five Bedrooms or more3.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1951
Median Value of occupied units$78,500
Median Price asked for vacant units$39,600

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1946
Median Monthly Rent asked for vacant units$388

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.40%
Home Equity Loan10%
Simple Mortgage47%
Debt Free39.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%