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Old Orchard Beach is located in York, Maine, with an estimated municipal population of 8,862 residents. All of the best foreclosed homes for sale in Old Orchard Beach are located in the following zip code areas on Foreclosure.com: 04063 04064. The estimated population per square kilometer (.62 miles) in Old Orchard Beach is 460.
So, about how much do homes cost in Old Orchard Beach? The most recent median value of resident-owned homes in Old Orchard Beach is 220,395. An estimated 67.7 percent of households in Old Orchard Beach own their homes, with an average family size of 2.47. The median household income in Old Orchard Beach is 58,080, with24.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Old Orchard Beach, the median commute time of resident workers (in minutes) is 29.9. And last, but certainly not least, are you looking for homes to rent in Old Orchard Beach? If so, the average rent price paid by renters in Old Orchard Beach is 915, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Old Orchard Beach, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Old Orchard Beach is 53.4, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Old Orchard Beach is 43.4, with an average family size of 2.47.
The percentage of residents who report their race in Old Orchard Beach is as follows:
White | 94.6% |
Black / African American | 0.3% |
Asian | 0.4% |
American Indian / Alaskan Native | 3% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 1.5% |
Other | 0.1% |
Looking for family-friendly neighborhoods in and/or near Old Orchard Beach? Or maybe you are searching for 55+ active adult communities in and/or near Old Orchard Beach?
The percentage of residents who report their age in Old Orchard Beach is as follows:
Under 10 | 3.8% |
Aged 10-19 | 6.4% |
20s | 10.8% |
30s | 9.8% |
40s | 12.4% |
50s | 21.1% |
60s | 19.7% |
70s | 8.9% |
80+ | 7% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Old Orchard Beach with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Old Orchard Beach.
How do you know that living in -- or moving to -- Old Orchard Beach is right where you need to be? Perhaps you grew up in Old Orchard Beach or already live nearby; therefore, the decision to buy a home in Old Orchard Beach is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Old Orchard Beach for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Old Orchard Beach:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Old Orchard Beach.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Old Orchard Beach can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Old Orchard Beach, meanwhile, can field multiple offers from more qualified buyers.
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