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Sarah Mitchell

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Compass Real Estate · Bridgton, ME

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Bridgton, ME(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Bridgton, ME Housing Market

Balanced market+1.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Bridgton, ME is worth $410,547, rose 1.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $502,500, -36.0% year over year (through May 2026). With 3.7 months of supply and homes going under contract in about 107 days, Bridgton is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $410,547 home is about $2,192/mo in principal and interest.

Key numbers for Bridgton, ME

Typical home value

$410,547

+1.3% in 12 months

Zillow, August 2026

Median sale price

$502,500

-36.0% year over year

Redfin, through May 2026

Days on market

107

Slow-moving

Redfin, through May 2026

Active listings

22

3.7 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$58,992

Home costs 7.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.3%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Bridgton a buyer's or seller's market?

Balanced market3.7 months of supply107 days on market98.3% of asking

Bridgton, ME is a balanced market, based on 3.7 months of supply and homes selling in about 107 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Bridgton housing market data show?

Every row below is Redfin's final published month for Bridgton, ME. Redfin, through May 2026

Housing market statistics for Bridgton, ME, Redfin through May 2026
MetricValue
Median sale price$502,500
Median list price$349,000
Year-over-year price change-36.0%
Median price per sq ft$286/sq ft
Median days on market107 days
Active inventory22 listings
Months of supply3.7 months
Sale-to-list price ratio98.3%
Homes sold (that month)6
New listings (that month)13
Listings with a price cut31.8%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Bridgton is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Bridgton is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Bridgton home prices moved?

Over the last three years the median sale price in Bridgton, ME rose 43.6%, from $350,000 to $502,500. The live Zillow value series has rose 1.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 31.8% of Bridgton listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.7 months while the sale-to-list ratio slips below its current 98.3%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Bridgton?

Priced off the typical home value of $410,547 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Bridgton, ME
Down paymentCash at closeLoan amountMonthly P&I
20%$82,109$328,438$2,192/mo
5%$20,527$390,020$2,603/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,192, that implies roughly $93,931 a year before you add taxes and insurance. The median household in Bridgton earns $58,992, about $34,939 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 7.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Bridgton in the next 12 months?

Tell us your timeline. We send the Bridgton market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Bridgton?

Zillow does not publish a rent index (ZORI) for Bridgton, ME, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Bridgton?

Active listings in Bridgton, ME went from 14 in April 2025 to 22 in May 2026, a +57.1% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Bridgton, ME
MonthActive listingsNew listings
May 2025188
June 2025165
July 2025174
August 2025154
September 2025163
October 2025146
November 2025112
December 2025113
February 202672
March 202683
April 2026157
May 20262213

Redfin, through May 2026

How does Bridgton compare to Maine and the U.S.?

Bridgton homes sell for $502,500 — 14% above the Maine median of $439,200. Against the national median of $410,700, Bridgton runs 22% higher. Year-over-year, Bridgton moved -36.0% against Maine's +3.0% — a bigger swing than the state as a whole.

Bridgton, ME compared with Maine and the United States
MarketMedian sale priceYoYDays on market
Bridgton, ME$502,500-36.0%107 days
Maine statewide$439,200+3.0%45 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Bridgton

What buyers should watch

  • Months of supply, currently 3.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 31.8%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $411 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $410,547 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Bridgton listing goes under contract in 107 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Bridgton added 13 new listings against 6 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +1.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Bridgton varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Bridgton

There are currently 22 homes listed for sale in Bridgton, Maine. The median listing price is $349K.

Active listings

22

Homes on market

Median list price

$349K

Avg. days on market

107

Days until sale

New this week

13

Newly listed

Price drops:31.8%of listings
Sale-to-list:98.3%

How much do homes cost in Bridgton by property type?

How the Bridgton, ME market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Bridgton, ME
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$525,000$263/sq ft582 days
Condo / co-op$250,000$309/sq ft1168 days

Who lives in Bridgton?

American Community Survey estimates for Bridgton. U.S. Census ACS, 2023

Population

1,666

Households

703

Median income

$58,992/yr

Median age

41.3 years

Owner-occupied

83.4%

Median home value

$239,200

Median gross rent

$747/mo

Mean commute

33.2 min

83.4% of occupied homes in Bridgton are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $239,200 against Zillow's $410,547 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Bridgton?

1 schools tracked · 304 students

The largest public schools serving Bridgton, ME by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Stevens Brook School

Grades PK-5 · 304 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Bridgton, ME?

Ordered by distance from Bridgton, not by size. Compare Bridgton side by side with any of them.

Bridgton housing market FAQ

Is Bridgton a buyer's or seller's market?

Bridgton, ME is currently a balanced market. That read comes from 3.7 months of supply, homes going under contract in about 107 days, and sellers getting 98.3% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Bridgton?

The typical home in Bridgton, ME is worth $410,547 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $502,500, about $286 per square foot.

Is Bridgton cheaper than the rest of Maine?

Bridgton's median sale price of $502,500 is 14% higher than the Maine statewide median of $439,200, and 22% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Bridgton?

Homes in Bridgton, ME spent a median of 107 days on market before going under contract, versus 45 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Bridgton?

At the current 30-year fixed rate of 7.03%, 20% down on a $410,547 home is about $2,192 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $93,931 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $58,992.

Are home prices rising in Bridgton?

The typical home value in Bridgton, ME rose 1.3% over the last 12 months, from $405,211 to $410,547 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Bridgton?

Bridgton ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Bridgton?

That depends on your timeline, not on a headline. What the data says today: Bridgton, ME is a balanced market with 3.7 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $410,547, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.