Cape Neddick, ME

Balanced market-78.6% YoY

Housing market overview · Updated weekly

$422,000median sale price

Homes sold

6

Last 12 weeks

Days on market

84

Average pace

Active listings

21

3.5 months supply

Sale-to-list

99.1%

Below asking

The Cape Neddick housing market is currently classified as a balanced market with a median sale price of $422,000. Prices have fallen 78.6% compared to last year, with homes spending an average of 84 days on market, indicating 3.5 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 Cape Neddick

There are currently 21 homes listed for sale in Cape Neddick, Maine. The median listing price is $924K.

Active listings

21

Homes on market

Median list price

$924K

Avg. days on market

84

Days until sale

New this week

9

Newly listed

Price drops:4.8%of listings
Sale-to-list:99.1%

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Frequently asked questions

What is the average home price in Cape Neddick?

The median home sale price in Cape Neddick is $422,000, down 78.6% from last year.

How long do homes stay on market in Cape Neddick?

Homes typically spend 84 days on market before going under contract.

Is Cape Neddick a buyer's or seller's market?

With 3.5 months of supply, Cape Neddick is currently a balanced market.

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