Old Orchard Beach, ME
Housing market overview · Updated weekly
$475,000median sale price
Homes sold
11
Last 12 weeks
Days on market
25
Average pace
Active listings
56
5.1 months supply
Sale-to-list
97.9%
Below asking
The Old Orchard Beach housing market is currently classified as a leaning buyer's with a median sale price of $475,000. Prices have fallen 7.2% compared to last year, with homes spending an average of 25 days on market, indicating 5.1 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 Old Orchard Beach?
The median home sale price in Old Orchard Beach is $475,000, down 7.2% from last year.
How long do homes stay on market in Old Orchard Beach?
Homes typically spend 25 days on market before going under contract.
Is Old Orchard Beach a buyer's or seller's market?
With 5.1 months of supply, Old Orchard Beach is currently a leaning buyer's.
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