Hallowell, ME

Leaning buyer's-18.7% YoY

Housing market overview · Updated weekly

$386,150median sale price

Homes sold

4

Last 12 weeks

Days on market

96

Average pace

Active listings

14

3.5 months supply

Sale-to-list

94.0%

Below asking

The Hallowell housing market is currently classified as a leaning buyer's with a median sale price of $386,150. Prices have fallen 18.7% compared to last year, with homes spending an average of 96 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

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Frequently asked questions

What is the average home price in Hallowell?

The median home sale price in Hallowell is $386,150, down 18.7% from last year.

How long do homes stay on market in Hallowell?

Homes typically spend 96 days on market before going under contract.

Is Hallowell a buyer's or seller's market?

With 3.5 months of supply, Hallowell is currently a leaning buyer's.

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