Old Orchard Beach, ME

Leaning buyer's-7.2% YoY

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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