Cape Neddick Real Estate Market

Cape Neddick Market

The median sale price for homes in Cape Neddick over the last 12 months is $272,812.


The median mortgage debt is $125,558.

Additional Statistics for Single Family Homes and Condos in Cape Neddick, ME
Cape Neddick, ME Price Trends - Sold vs. Listed

The median sale price in November for single family homes is $874,406.

The price per square foot for sales in this area is $215.

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Cape Neddick, ME Market Inventory Trends

Review the inventory and health of the market by looking at the number of sold and listed properties.

To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.

Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.

  • Sold: Properties sold that month
  • New: Listings that are new on the market
  • Distressed: Listings that are short sales, bank owned, or up for auction.
  • Standard: Non-distressed listings
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    Cape Neddick, ME Property Ownership

    Cape Neddick has a high % of unoccupied properties. It is 42.13% more than the national average. This can drive sales prices down.

    The percent of owner occupied properties in Cape Neddick is 29.04% below the national average.

    The percent of rental properties in Cape Neddick is 10.29% below the national average.

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    Maine Real Estate
    Cape Neddick, ME Real Estate
    03902 Real Estate
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