Hallowell, ME Housing Market & Real Estate

Leaning buyer's-18.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Hallowell, ME is $386,150, down 18.7% year-over-year. Homes sell in an average of 96 days with 14 active listings. The market is currently a leaning buyer's.

$386,150median sale price

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

Leaning buyer's3.5 months of supply96 avg. days on market

Hallowell, ME is currently a leaning buyer's, based on 3.5 months of supply and homes selling in about 96 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

96

Average pace

Active listings

14

3.5 months supply

Sale-to-list

94.0%

Below asking

Hallowell, ME market data

Current housing market statistics for Hallowell, ME
MetricValue
Median sale price$386,150
Median list price$562,500
Year-over-year price change-18.7%
Average days on market96 days
Active inventory14 listings
Months of supply3.5 months
Sale-to-list price ratio94.0%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Hallowell housing market is currently classified as a leaning buyer's with a median sale price of $386,150. Prices have fallen 18.7% compared to last year, with homes spending an average of 96 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 Hallowell

There are currently 14 homes listed for sale in Hallowell, Maine. The median listing price is $563K.

Active listings

14

Homes on market

Median list price

$563K

Avg. days on market

96

Days until sale

New this week

6

Newly listed

Price drops:14.3%of listings
Sale-to-list:94.0%

Top public schools in Hallowell

1 schools tracked · 309 students

The largest public schools serving Hallowell, 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.

Hall-Dale Elementary Sch

Grades PK-5 · 309 students

Public

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

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Frequently asked questions

What is the average home price in Hallowell?

The median home sale price in Hallowell is $386,150, down 18.7% from last year.

How long do homes stay on market in Hallowell?

Homes typically spend 96 days on market before going under contract.

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

With 3.5 months of supply, Hallowell is currently a leaning buyer's.

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