USA.com / Maine / Penobscot County / Old Town, ME / Housing

Old Town, ME Housing

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As of 2010-2014, median price of a house in Old Town is $125,400, which is lower than the state average of $173,600 and is lower than the national average of $175,700. The Old Town median house value has grown by 62.65% since 2000. The growth rate for the price of a house in Old Town is lower than the state average rate of 75.89% and is higher than the national average rate of 46.91%. The median year that a house in Old Town was built is 1955, which is older than the median year for a house built in the state which is 1973 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,893 Owner Occupied Houses in Old Town, ME, #81

Old Town, ME	125,400 USD
Maine	173,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #57

Old Town, ME	62.65%
Maine	75.89%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Old Town, ME	Maine	U.S.
Total Housing Units	3,830, see rank, 100%	724,685	132,741,033
Occupied Housing Units	3,322, 86.74%, see rank	76.32%	87.55%
Owner Occupied	1,893, 49.43%, see rank	54.52%	56.34%
Renter Occupied	1,429, 37.31%, see rank	21.80%	31.21%
Vacant Housing Units	508, 13.26%, see rank	23.68%	12.45%
For Rent	199, 5.20%, see rank	1.71%	2.34%
For Sale Only	53, 1.38%, see rank	1.22%	1.20%
Rented or Sold, Not Occupied	62, 1.62%, see rank	0.50%	0.92%
For Seasonal, Recreational, or Occasional Use	56, 1.46%, see rank	16.66%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.04%	0.03%
Other Vacant	138, 3.60%, see rank	3.55%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #81

Old Town, ME	Maine	U.S.
1955	1973	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Old Town, ME	%	Maine	U.S.
Owner-Occupied Units	1,893	100%	395,074	74,787,460
With a Mortgage	1,212	64.03%, see rank	63.72%	65.58%
Without a Mortgage	681	35.97%, see rank	36.28%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Old Town, ME	1,064 USD
Maine	1,348 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Old Town, ME	%	Maine	U.S.
$299 or Less	0	0.00%, see rank	0.29%	0.20%
$300 to $499	93	7.67%, see rank	2.45%	1.59%
$500 to $699	132	10.89%, see rank	6.74%	5.01%
$700 to $999	311	25.66%, see rank	17.13%	14.32%
$1,000 to $1,499	437	36.06%, see rank	32.95%	27.90%
$1,500 to $1,999	202	16.67%, see rank	21.80%	20.35%
$2,000 to $2,999	37	3.05%, see rank	14.44%	19.52%
$3,000 or More	0	0.00%, see rank	4.21%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Old Town, ME	19.70% of the Total Income
Maine	23.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Old Town, ME	%	Maine	U.S.
10% or Less	65	5.36%, see rank	5.71%	5.86%
10% to 20%	561	46.29%, see rank	32.42%	31.95%
20% to 30%	292	24.09%, see rank	28.26%	27.64%
30% to 40%	142	11.72%, see rank	14.00%	13.74%
40% or More	152	12.54%, see rank	19.26%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Old Town, ME	487 USD
Maine	474 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Old Town, ME	%	Maine	U.S.
$199 or Less	17	2.50%, see rank	5.95%	7.76%
$200 to $299	95	13.95%, see rank	12.01%	14.70%
$300 to $499	249	36.56%, see rank	36.98%	34.63%
$500 to $699	285	41.85%, see rank	26.02%	21.16%
$700 or More	35	5.14%, see rank	19.04%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Old Town, ME	14.20% of the Total Income
Maine	14.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Old Town, ME	%	Maine	U.S.
10% or Less	207	30.40%, see rank	33.70%	40.19%
10% to 20%	200	29.37%, see rank	33.39%	31.47%
20% to 30%	130	19.09%, see rank	14.82%	12.24%
30% to 40%	136	19.97%, see rank	7.18%	5.64%
40% or More	8	1.17%, see rank	9.99%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Old Town, ME	Maine	U.S.
Total Housing Units	3,830, 100%	724,685	132,741,033
1-unit, Detached	2,173, 56.74%, see rank	69.60%	61.65%
1-unit, Attached	26, 0.68%, see rank	2.26%	5.82%
2 Units	417, 10.89%, see rank	5.22%	3.75%
3 or 4 Units	390, 10.18%, see rank	5.53%	4.43%
5 to 9 Units	199, 5.20%, see rank	3.80%	4.78%
10 or More Units	347, 9.06%, see rank	4.71%	13.08%
Mobile Home, Boat, RV, Van, etc.	278, 7.26%, see rank	8.88%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Old Town, ME	Maine	U.S.
Total Housing Units	3,830, 100%	724,685	132,741,033
1 Room	69, 1.80%, see rank	2.56%	1.95%
2 Rooms	145, 3.79%, see rank	3.57%	2.48%
3 Rooms	514, 13.42%, see rank	9.58%	9.13%
4 Rooms	545, 14.23%, see rank	17.70%	16.60%
5 Rooms	731, 19.09%, see rank	20.22%	20.41%
6 Rooms	725, 18.93%, see rank	17.50%	18.06%
7 Rooms	552, 14.41%, see rank	11.95%	12.27%
8 Rooms	293, 7.65%, see rank	7.74%	8.48%
9 Rooms or More	256, 6.68%, see rank	9.17%	10.60%
Median Rooms	5.40, see rank	5.30	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Old Town, ME	Maine	U.S.
Total Housing Units	3,830, 100%	724,685	132,741,033
No Bedroom	69, 1.80%, see rank	2.71%	2.17%
1 Bedroom	580, 15.14%, see rank	12.05%	11.16%
2 Bedrooms	988, 25.80%, see rank	30.61%	26.69%
3 Bedrooms	1,607, 41.96%, see rank	37.77%	39.70%
4 Bedrooms	514, 13.42%, see rank	13.08%	16.05%
5 or More Bedrooms	72, 1.88%, see rank	3.78%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Old Town, ME	Maine	U.S.
Total Housing Units	3,322, 100%	553,086	116,211,092
Utility Gas	242, 7.28%, see rank	5.45%	48.85%
Bottled, Tank, or LP Gas	195, 5.87%, see rank	7.75%	4.86%
Electricity	251, 7.56%, see rank	4.79%	36.68%
Fuel Oil, Kerosene, etc.	2,391, 71.97%, see rank	66.66%	5.86%
Coal or Coke	0, 0.00%, see rank	0.35%	0.12%
Wood	212, 6.38%, see rank	13.20%	2.12%
Solar Energy	0, 0.00%, see rank	0.08%	0.05%
Other Fuel	24, 0.72%, see rank	1.48%	0.47%
No Fuel Used	7, 0.21%, see rank	0.24%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Old Town, ME	Maine	U.S.
Occupied Units Paying Rent	1,363, 100%	146,634	39,201,928
$199 or Less	46, 3.37%, see rank	2.51%	1.50%
$200 to $299	97, 7.12%, see rank	6.43%	3.18%
$300 to $499	266, 19.52%, see rank	10.29%	7.37%
$500 to $699	291, 21.35%, see rank	20.96%	16.01%
$700 to $999	340, 24.94%, see rank	33.88%	29.17%
$1,000 to $1,499	248, 18.20%, see rank	20.14%	26.88%
$1,500 to $1,999	75, 5.50%, see rank	4.04%	9.79%
$2,000 or More	0, 0.00%, see rank	1.73%	6.10%
Median	$684, see rank	$772	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Old Town, ME	Maine	U.S.
Occupied Housing Units	3,322, 100%	553,086	116,211,092
No Vehicles Available	414, 12.46%, see rank	7.52%	9.12%
1 Vehicles Available	1,127, 33.93%, see rank	34.08%	33.80%
2 Vehicles Available	1,143, 34.41%, see rank	40.04%	37.48%
3 or More Vehicles Available	638, 19.21%, see rank	18.37%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.