Cape Neddick, ME
Housing market overview · Updated weekly
$422,000median sale price
Homes sold
6
Last 12 weeks
Days on market
84
Average pace
Active listings
21
3.5 months supply
Sale-to-list
99.1%
Below asking
The Cape Neddick housing market is currently classified as a balanced market with a median sale price of $422,000. Prices have fallen 78.6% compared to last year, with homes spending an average of 84 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Cape Neddick?
The median home sale price in Cape Neddick is $422,000, down 78.6% from last year.
How long do homes stay on market in Cape Neddick?
Homes typically spend 84 days on market before going under contract.
Is Cape Neddick a buyer's or seller's market?
With 3.5 months of supply, Cape Neddick is currently a balanced market.
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