South Berwick, ME Housing Market & Real Estate

Seller's market-23.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in South Berwick, ME is $476,000, down 23.5% year-over-year. Homes sell in an average of 81 days with 4 active listings. The market is currently a seller's market.

$476,000median sale price

Is South Berwick a buyer's or seller's market?

Seller's market1.3 months of supply81 avg. days on market

South Berwick, ME is currently a seller's market, based on 1.3 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

4

1.3 months supply

Sale-to-list

100.0%

Above asking

South Berwick, ME market data

Current housing market statistics for South Berwick, ME
MetricValue
Median sale price$476,000
Median list price$418,500
Year-over-year price change-23.5%
Average days on market81 days
Active inventory4 listings
Months of supply1.3 months
Sale-to-list price ratio100.0%
Market conditionSeller's market

Source: Redfin · Updated weekly

The South Berwick housing market is currently classified as a seller's market with a median sale price of $476,000. Prices have fallen 23.5% compared to last year, with homes spending an average of 81 days on market, indicating 1.3 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 South Berwick

There are currently 4 homes listed for sale in South Berwick, Maine. The median listing price is $419K.

Active listings

4

Homes on market

Median list price

$419K

Avg. days on market

81

Days until sale

New this week

4

Newly listed

Price drops:25.0%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in South Berwick?

The median home sale price in South Berwick is $476,000, down 23.5% from last year.

How long do homes stay on market in South Berwick?

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

Is South Berwick a buyer's or seller's market?

With 1.3 months of supply, South Berwick is currently a seller's market.

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