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Featured local agent — Springvale, ME
Sarah Mitchell
Compass Real Estate · Springvale, ME
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Springvale, ME Housing Market & Real Estate
Housing market overview · Updated monthly ·
$375,500median sale price
How is the Springvale, ME housing market right now?
The median home sale price in Springvale, ME is $375,500, up 4.9% year-over-year. Homes sell in an average of 22 days with 17 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Springvale a buyer's or seller's market?
Springvale, ME is currently a seller's market, based on 2.8 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
22
Average pace
Active listings
17
2.8 months supply
Sale-to-list
102.4%
Above asking
What does the Springvale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $375,500 |
| Median list price | $362,450 |
| Year-over-year price change | +4.9% |
| Average days on market | 22 days |
| Active inventory | 17 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 102.4% |
| Median price per sq ft | $275/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 10 |
| Listings with a price cut | 29.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Springvale by property type?
How the Springvale, ME market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $375,500 | $275/sq ft | 6 | 22 days |
| Condo / Co-op | $439,000 | $195/sq ft | 1 | 669 days |
Source: Redfin · Updated monthly
The Springvale housing market is currently classified as a seller's market with a median sale price of $375,500. Prices have risen 4.9% compared to last year, with homes spending an average of 22 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Springvale
There are currently 17 homes listed for sale in Springvale, Maine. The median listing price is $362K.
Active listings
17
Homes on market
Median list price
$362K
Avg. days on market
22
Days until sale
New this week
10
Newly listed
What are homes worth in Springvale?
Zillow home value
$351,923
Zillow rent index
$1,895/mo
Price-to-rent ratio
15.5x
Source: Zillow Research
Which public schools serve Springvale?
1 schools tracked · 424 students
The largest public schools serving Springvale, ME by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Carl J Lamb School
Grades PK-4 · 424 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Springvale, ME?
Want a head-to-head view? Compare Springvale side-by-side with any other U.S. city using our market-comparison tool.
Is Springvale a good real estate investment market?
For investors evaluating Springvale, the price-to-rent ratio of 15.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.9% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Springvale's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Springvale's median home price.
Frequently asked questions
What is the average home price in Springvale?
The median home sale price in Springvale is $375,500, up 4.9% from last year.
How long do homes stay on market in Springvale?
Homes typically spend 22 days on market before going under contract.
Is Springvale a buyer's or seller's market?
With 2.8 months of supply, Springvale is currently a seller's market.
What is the Zillow home value estimate for Springvale?
The Zillow Home Value Index (ZHVI) for Springvale is $351,923, representing the typical home value in the area.
What is the median condo price in Springvale?
The median condo/co-op sale price in Springvale, ME is $439,000, compared to $375,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Springvale?
The median single-family home price in Springvale, ME is $375,500 (about $275 per square foot).
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