Sanford, ME Housing Market & Real Estate

Balanced market-6.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Sanford, ME is $345,000, down 6.3% year-over-year. Homes sell in an average of 52 days with 45 active listings. The market is currently a balanced market.

$345,000median sale price

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

Balanced market2.1 months of supply52 avg. days on market

Sanford, ME is currently a balanced market, based on 2.1 months of supply and homes selling in about 52 days. How we determine this →

Homes sold

21

Last 12 weeks

Days on market

52

Average pace

Active listings

45

2.1 months supply

Sale-to-list

98.8%

Below asking

Sanford, ME market data

Current housing market statistics for Sanford, ME
MetricValue
Median sale price$345,000
Median list price$375,000
Year-over-year price change-6.3%
Average days on market52 days
Active inventory45 listings
Months of supply2.1 months
Sale-to-list price ratio98.8%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Sanford housing market is currently classified as a balanced market with a median sale price of $345,000. Prices have fallen 6.3% compared to last year, with homes spending an average of 52 days on market, indicating 2.1 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 Sanford

There are currently 45 homes listed for sale in Sanford, Maine. The median listing price is $375K.

Active listings

45

Homes on market

Median list price

$375K

Avg. days on market

52

Days until sale

New this week

25

Newly listed

Price drops:15.6%of listings
Sale-to-list:98.8%

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Frequently asked questions

What is the average home price in Sanford?

The median home sale price in Sanford is $345,000, down 6.3% from last year.

How long do homes stay on market in Sanford?

Homes typically spend 52 days on market before going under contract.

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

With 2.1 months of supply, Sanford is currently a balanced market.

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