April 2025 Real Estate Market Report
Midcoast & Central Maine – Knox, Waldo, Lincoln, Hancock, and Kennebec Counties

As April unfolded, the signs of spring were visible not just in the landscape but also in the housing market. Listings picked up across much of Midcoast and Central Maine, and while closed sales are still catching up, the season is starting to show its pace. This month’s report highlights key shifts in five counties that reflect both opportunity and a market in motion.

Knox County: Strong Prices and Quicker Sales
April brought 67 new listings to the Knox County market—a clear sign that sellers are stepping forward. With 27 closed sales and median days on market dropping to 49, homes that are priced right are moving more quickly.

The median sales price rose to $555,000, up 2.7% compared to last year, even as overall closed sales are down nearly 4% and time on market is up year-to-date. Buyers are still active, but taking a more measured approach—especially with higher price points in play.

Waldo County: Solid Momentum and a Standout Sale
Waldo County recorded 68 new listings and 45 closed sales in April, a solid increase in activity compared to previous months. The median sales price held steady at $350,000, and homes are spending about 60 days on the market.

A $2.8 million oceanfront property in Belfast topped the charts this month—an example of how demand remains strong for well-located homes with coastal appeal.

Lincoln County: Low Sales, But Signs of What’s to Come
Lincoln County had the fewest closed sales this month at 24, despite 72 new listings—a sign the market is just getting started here. Homes that did sell moved quickly, with a median of just 28 days on the market.

As the warmer months arrive, this county is likely to see more movement, especially with buyers looking for summer-ready properties in towns like Damariscotta and Newcastle.

Hancock County: Coastal Inventory Builds
With 90 new listings and 33 closed sales, Hancock County is seeing inventory grow steadily. The median sales price landed at $465,000, with median days on market at 50—both fairly consistent with what we’ve come to expect in early spring.

The top sale, a $1.89 million property with 650 feet on Seal Cove Harbor, underscores the continued strength of the coastal and second-home market in this part of the state.

The Bottom Line
April brought more listings, steady pricing, and signs of seasonal momentum across Midcoast and Central Maine. For sellers, this is a good time to prepare and position your property. For buyers, the options are expanding—but competition for well-priced, well-located homes remains real.

The market isn’t rushing, but it’s moving—and in Maine, that’s often just the right pace.