Cape Neddick, ME Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Cape Neddick, ME is $422,000, down 78.6% year-over-year. Homes sell in an average of 84 days with 21 active listings. The market is currently a balanced market.
$422,000median sale price
Is Cape Neddick a buyer's or seller's market?
Cape Neddick, ME is currently a balanced market, based on 3.5 months of supply and homes selling in about 84 days. How we determine this →
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
Cape Neddick, ME market data
| Metric | Value |
|---|---|
| Median sale price | $422,000 |
| Median list price | $924,000 |
| Year-over-year price change | -78.6% |
| Average days on market | 84 days |
| Active inventory | 21 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 99.1% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in Cape Neddick
There are currently 21 homes listed for sale in Cape Neddick, Maine. The median listing price is $924K.
Active listings
21
Homes on market
Median list price
$924K
Avg. days on market
84
Days until sale
New this week
9
Newly listed
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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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