South Eliot, ME Housing Market & Real Estate

Balanced market-11.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in South Eliot, ME is $535,000, down 11.7% year-over-year. Homes sell in an average of 113 days with 4 active listings. The market is currently a balanced market.

$535,000median sale price

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

Balanced market1.3 months of supply113 avg. days on market

South Eliot, ME is currently a balanced market, based on 1.3 months of supply and homes selling in about 113 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

113

Average pace

Active listings

4

1.3 months supply

Sale-to-list

93.8%

Below asking

South Eliot, ME market data

Current housing market statistics for South Eliot, ME
MetricValue
Median sale price$535,000
Median list price$517,450
Year-over-year price change-11.7%
Average days on market113 days
Active inventory4 listings
Months of supply1.3 months
Sale-to-list price ratio93.8%
Market conditionBalanced market

Source: Redfin · Updated weekly

The South Eliot housing market is currently classified as a balanced market with a median sale price of $535,000. Prices have fallen 11.7% compared to last year, with homes spending an average of 113 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 Eliot

There are currently 4 homes listed for sale in South Eliot, Maine. The median listing price is $517K.

Active listings

4

Homes on market

Median list price

$517K

Avg. days on market

113

Days until sale

New this week

2

Newly listed

Sale-to-list:93.8%

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Frequently asked questions

What is the average home price in South Eliot?

The median home sale price in South Eliot is $535,000, down 11.7% from last year.

How long do homes stay on market in South Eliot?

Homes typically spend 113 days on market before going under contract.

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

With 1.3 months of supply, South Eliot is currently a balanced market.

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