Old Town ME Commercial Properties For Sale
The median home value in Old Town, ME is $198,200. This is lower than the county median home value of $227,800. The national median home value is $338,100. The average price of homes sold in Old Town, ME is $198,200. Approximately 52.66% of Old Town homes are owned, compared to 31.91% rented, while 15.42% are vacant. Old Town real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Old Town real estate agent to arrange a tour today!
Learn More About Old Town Real EstateStatistics & facts
7,415
Population
$198K
Medium Home Value
3,159
# of Households
15.42%
Housing Vacancy
37.45%
Future Job Growth
1.50%
Unemployment Rate
For Sale
$950,000
2,045
sqft
575 Stillwater Avenue
Old Town, ME 04468
Listing Courtesy of: Sherri-Lynn Hanson - Trundy & Company Real Estate 207-368-5555
For Sale
$1,200,000
26,109
sqft
136 Center Street
Old Town, ME 04468
Listing Courtesy of: Kristin Giroux - CENTURY 21 Queen City Real Estate 207-942-4618
Population
Old Town has a population of approximately 7,415 and experiences a population change rate of -8.80%. The population density is 191 / sq mi.
Household
The median household income for Old Town is $43,474, with 3,159 households and an average household size of 2.35.
Cost of Living
The cost of living index in Old Town is 89.7%.
Home Value
The median value of a home in Old Town is $198,200 with an appreciation rate of 19.0%. 52.7% of housing in the city is owned while 31.9% is rented.
Employment
The unemployment rate in Old Town is 1.50%, and recent job growth is at 1.30%. Future job growth is projected at 37.45%.
Taxes
The sales tax rate in Old Town is 5.50%, while the income tax rate is 7.15%.
Education
School expenditures in Old Town are $16,173, and the school ratio is 12.2:1.
Weather
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 42.4 inches per year, with 69.1 inches of snow per year.
Education near Old Town ME
| Metric | City | County |
|---|---|---|
| High School Graduates | 94.58 | 93.55 |
| College Degree - 2 year | 10.95 | 11.02 |
| College Degree - 4 year | 36.87 | 30.01 |
| Graduate Degree | 15.39 | 8 |
| Expenditures per Student | $16,173 | $16,173 |
| Students per Teacher | 12.20 | 12.20 |
Elementary Schools near Old Town ME
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Alton Elementary School | PK - 04 | 48 | 9.7 | 04468 |
| Asa C Adams School | PK - 05 | 278 | 10.1 | 04473 |
| Bradford Elementary School | KG - 02 | 92 | 12.9 | 04410 |
| Dr Lewis S Libby School | PK - 08 | 316 | 11.6 | 04461 |
| Hudson Elementary School | 03 - 04 | 74 | 18 | 04449 |
| Old Town Elementary School | PK - 05 | 559 | 12.8 | 04468 |
Middle Schools near Old Town ME
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Leonard Middle School | 06 - 08 | 296 | 11.5 | 04468 |
| Orono Middle School | 06 - 08 | 152 | 10.9 | 04473 |
High Schools near Old Town ME
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Old Town High School | 09 - 12 | 490 | 12.8 | 04468 |
| Orono High School | 09 - 12 | 344 | 11.8 | 04473 |
