Orono, ME Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Orono, ME is $375,000, up 70.5% year-over-year. Homes sell in an average of 81 days with 10 active listings. The market is currently a balanced market.
$375,000median sale price
Is Orono a buyer's or seller's market?
Orono, ME is currently a balanced market, based on 3.3 months of supply and homes selling in about 81 days. How we determine this →
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
Orono, ME market data
| Metric | Value |
|---|---|
| Median sale price | $375,000 |
| Median list price | $287,450 |
| Year-over-year price change | +70.5% |
| Average days on market | 81 days |
| Active inventory | 10 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 96.8% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Homes for sale in Orono
There are currently 10 homes listed for sale in Orono, Maine. The median listing price is $287K.
Active listings
10
Homes on market
Median list price
$287K
Avg. days on market
81
Days until sale
New this week
4
Newly listed
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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.
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