Ogunquit, ME Foreclosures
Current Market Conditions in in Ogunquit, ME As of February 2026?
Over the past month, Ogunquit's real estate market has shown signs of continued stability, with small fluctuations in home prices. The average time on the market for homes has slightly decreased, indicating a quicker turnover as buyers remain active and eager to secure properties in this desirable area. Also, new listings have been slightly lower than previous months, contributing to a tighter market.
How much do homes sell for in Ogunquit, ME?
The average home price is currently $1,032,960.
In Ogunquit, ME, how many homes are available?
There are currently 1 active home listings available in Ogunquit.
What’s the average rental cost in Ogunquit, ME?
The average rental price in Ogunquit is $1,758.
What is the most expensive home in Ogunquit?
The most expensive home sold in Ogunquit had a price of $56,631,110.
What is currently the cheapest priced home in Ogunquit, ME?
The cheapest home for sale in Ogunquit is priced at $12,316.
Living in Ogunquit, ME
Ogunquit, ME is a picturesque coastal town known for its beautiful beaches and vibrant arts scene. With a friendly community atmosphere and an array of outdoor activities, it offers a unique blend of relaxation and recreation. The town's charming shops, restaurants, and cultural events make it a perfect destination for both residents and tourists.
Buyer vs Seller Market in Ogunquit, ME
The real estate market in Ogunquit, ME continues to thrive, with a steady demand for homes, particularly among those seeking seasonal residences or year-round living in a picturesque coastal environment. The unique charm of the town, combined with its proximity to beautiful beaches and recreational areas, keeps the market competitive. Recently, prices have seen moderate increases, reflecting a strong interest in the area from potential buyers.
Condos and coastal properties are especially sought after during the peak summer season, while prices for single-family homes have remained stable, driven by limited inventory. Investors are taking note of Ogunquit as a prime location for vacation rentals, further stimulating the local market.
Home Value Estimator For Ogunquit, ME
There are currently 2,313 real estate properties
in Ogunquit, ME,
with a median automated valuation model (AVM) price
of $814,166.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ogunquit, ME, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Ogunquit, ME,
is $1,032,960.00, with the most expensive house
in Ogunquit, ME, topping out
at $56,631,110.00 and the cheapest home
in Ogunquit, ME,
clocking in at $12,316.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ogunquit, ME!
Rent Prices
In Ogunquit, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ogunquit, ME, is on
a rollercoaster ride. The
average rent price in Ogunquit, ME,
is $1,758.00. Indeed, when looking to rent in
Ogunquit, ME, you can expect to pay as little
as $1,100.00 or as much
as $3,010.00,
with the average rent median estimated to
be $1,790.00. The good news is that finding
an affordable and desirable property to rent in Ogunquit, ME
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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