Old Town, ME Housing Market & Real Estate

Buyer's market-42.6% YoY

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?

Buyer's market4.0 months of supply176 avg. days on 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

Current housing market statistics for Old Town, ME
MetricValue
Median sale price$144,900
Median list price$254,950
Year-over-year price change-42.6%
Average days on market176 days
Active inventory20 listings
Months of supply4.0 months
Sale-to-list price ratio93.8%
Market conditionBuyer'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

Price drops:20.0%of listings
Sale-to-list:93.8%

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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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