Old Orchard Beach, ME Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Old Orchard Beach, ME is $475,000, down 7.2% year-over-year. Homes sell in an average of 25 days with 56 active listings. The market is currently a leaning buyer's.
$475,000median sale price
Is Old Orchard Beach a buyer's or seller's market?
Old Orchard Beach, ME is currently a leaning buyer's, based on 5.1 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
25
Average pace
Active listings
56
5.1 months supply
Sale-to-list
97.9%
Below asking
Old Orchard Beach, ME market data
| Metric | Value |
|---|---|
| Median sale price | $475,000 |
| Median list price | $549,000 |
| Year-over-year price change | -7.2% |
| Average days on market | 25 days |
| Active inventory | 56 listings |
| Months of supply | 5.1 months |
| Sale-to-list price ratio | 97.9% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Old Orchard Beach housing market is currently classified as a leaning buyer's with a median sale price of $475,000. Prices have fallen 7.2% compared to last year, with homes spending an average of 25 days on market, indicating 5.1 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 Old Orchard Beach
There are currently 56 homes listed for sale in Old Orchard Beach, Maine. The median listing price is $549K.
Active listings
56
Homes on market
Median list price
$549K
Avg. days on market
25
Days until sale
New this week
24
Newly listed
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Frequently asked questions
What is the average home price in Old Orchard Beach?
The median home sale price in Old Orchard Beach is $475,000, down 7.2% from last year.
How long do homes stay on market in Old Orchard Beach?
Homes typically spend 25 days on market before going under contract.
Is Old Orchard Beach a buyer's or seller's market?
With 5.1 months of supply, Old Orchard Beach is currently a leaning buyer's.
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