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May 2025 Real Estate Market Report

Midcoast Maine Market Snapshot – April 2025
Spring Energy, More Listings & What It Means for Buyers and Sellers



April brought momentum to Maine's housing market, especially along our coastal stretch of Knox, Lincoln, Waldo, and Hancock counties. While statewide home sales dipped slightly compared to last year, things are heating up here at home.

In our greater coastal market:

  • Median Sales Price: Up 3.9% to $400,000
     
  • New Listings: 397 (a welcome sign for buyers)
     
  • Closed Sales: 171
     
  • Days on Market (DOM): 14 (on average, still moving quickly)

For Sellers:
We’re seeing strong pricing and steady demand, especially with the median back at $400K. But with nearly 400 new listings added in April, your property needs to stand out. Good prep and smart pricing remain essential.

For Buyers:
More listings mean more opportunity. If you've been waiting for fresh options, they're finally here—but homes are still moving fast, so staying ready to act is key.

Our take?
This is the season where things shift. Whether you're thinking about selling or actively hunting for your next home, the current pace and pricing favor thoughtful, well-timed moves. Let spring work in your favor.

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