Old Town, ME Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Old Town, ME is $144,900, down 42.6% year-over-year. Homes sell in an average of 176 days with 20 active listings. The market is currently a buyer's market.
$144,900median sale price
Is Old Town a buyer's or seller's market?
Old Town, ME is currently a buyer's market, based on 4.0 months of supply and homes selling in about 176 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
176
Average pace
Active listings
20
4.0 months supply
Sale-to-list
93.8%
Below asking
Old Town, ME market data
| Metric | Value |
|---|---|
| Median sale price | $144,900 |
| Median list price | $254,950 |
| Year-over-year price change | -42.6% |
| Average days on market | 176 days |
| Active inventory | 20 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 93.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Old Town housing market is currently classified as a buyer's market with a median sale price of $144,900. Prices have fallen 42.6% compared to last year, with homes spending an average of 176 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Old Town
There are currently 20 homes listed for sale in Old Town, Maine. The median listing price is $255K.
Active listings
20
Homes on market
Median list price
$255K
Avg. days on market
176
Days until sale
New this week
6
Newly listed
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Frequently asked questions
What is the average home price in Old Town?
The median home sale price in Old Town is $144,900, down 42.6% from last year.
How long do homes stay on market in Old Town?
Homes typically spend 176 days on market before going under contract.
Is Old Town a buyer's or seller's market?
With 4.0 months of supply, Old Town is currently a buyer's market.
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