Old Town, ME
Housing market overview · Updated weekly
$144,900median sale price
Homes sold
5
Last 12 weeks
Days on market
176
Average pace
Active listings
20
4.0 months supply
Sale-to-list
93.8%
Below asking
The Old Town housing market is currently classified as a buyer's market with a median sale price of $144,900. Prices have fallen 42.6% compared to last year, with homes spending an average of 176 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Old Town?
The median home sale price in Old Town is $144,900, down 42.6% from last year.
How long do homes stay on market in Old Town?
Homes typically spend 176 days on market before going under contract.
Is Old Town a buyer's or seller's market?
With 4.0 months of supply, Old Town is currently a buyer's market.
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