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Featured local agent — Steep Falls, ME
Sarah Mitchell
Compass Real Estate · Steep Falls, ME
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Steep Falls, ME Housing Market & Real Estate
Housing market overview · Updated monthly ·
$438,000median sale price
How is the Steep Falls, ME housing market right now?
The median home sale price in Steep Falls, ME is $438,000, up 14.2% year-over-year. Homes sell in an average of 51 days with 3 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 Steep Falls a buyer's or seller's market?
Steep Falls, ME is currently a seller's market, based on 0.6 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
51
Average pace
Active listings
3
0.6 months supply
Sale-to-list
98.6%
Below asking
What does the Steep Falls housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $438,000 |
| Median list price | $412,450 |
| Year-over-year price change | +14.2% |
| Average days on market | 51 days |
| Active inventory | 3 listings |
| Months of supply | 0.6 months |
| Sale-to-list price ratio | 98.6% |
| Median price per sq ft | $234/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 2 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Steep Falls by property type?
How the Steep Falls, 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 | $438,000 | $234/sq ft | 5 | 51 days |
Source: Redfin · Updated monthly
The Steep Falls housing market is currently classified as a seller's market with a median sale price of $438,000. Prices have risen 14.2% compared to last year, with homes spending an average of 51 days on market, indicating 0.6 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 Steep Falls
There are currently 3 homes listed for sale in Steep Falls, Maine. The median listing price is $412K.
Active listings
3
Homes on market
Median list price
$412K
Avg. days on market
51
Days until sale
New this week
2
Newly listed
Who lives in Steep Falls?
Population
1,720
Median income
$68,125/yr
Median age
39.3 years
Owner-occupied
79.8%
College grads
7.4%
Avg commute
30.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Steep Falls?
Steep Falls is a community of approximately 2K residents with a median age of 39.3 years.The median household income is $68,125, which represents a working-class community with solid middle-income opportunities. 7.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Steep Falls offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Steep Falls?
1 schools tracked · 80 students
The largest public schools serving Steep Falls, 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.
Steep Falls Elementary School
Grades K-4 · 80 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 Steep Falls, ME?
Want a head-to-head view? Compare Steep Falls side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Steep Falls?
The median home sale price in Steep Falls is $438,000, up 14.2% from last year.
How long do homes stay on market in Steep Falls?
Homes typically spend 51 days on market before going under contract.
What is the median income in Steep Falls?
The median household income is $68,125 per year.
Is Steep Falls a buyer's or seller's market?
With 0.6 months of supply, Steep Falls is currently a seller's market.
How much does a single-family home cost in Steep Falls?
The median single-family home price in Steep Falls, ME is $438,000 (about $234 per square foot).
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