Orono, ME

Balanced market+70.5% YoY

Housing market overview · Updated weekly

$375,000median sale price

Homes sold

3

Last 12 weeks

Days on market

81

Average pace

Active listings

10

3.3 months supply

Sale-to-list

96.8%

Below asking

The Orono housing market is currently classified as a balanced market with a median sale price of $375,000. Prices have risen 70.5% compared to last year, with homes spending an average of 81 days on market, indicating 3.3 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

Explore nearby cities in ME

Frequently asked questions

What is the average home price in Orono?

The median home sale price in Orono is $375,000, up 70.5% from last year.

How long do homes stay on market in Orono?

Homes typically spend 81 days on market before going under contract.

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

With 3.3 months of supply, Orono is currently a balanced market.

Get Orono market alerts

Weekly updates on prices, inventory, and trends. Free forever.