Southwest Harbor, ME Home Values & Market Trends

Real estate market trends reflect that there have been 33 transactions over the past year in Southwest Harbor. The median value for residential home transactions that occurred over the previous year is $619,014.15. The number of current listings in Southwest Harbor is 1, and the percentage of properties for sale in the city is 1.00%. Southwest Harbor, ME currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Southwest Harbor, ME Real Estate Market Overview

ZipMedian Est. Value
04679

$ 725,081

$ 145/sqft

Housing Market Summary for Southwest Harbor, ME

Apr 2023March 2024Change
Median Listing Price$0$693.3K-
Median Sold Price$545.9K$693.3K27.00%
Homes For Sale01-
Homes Sold91344.44%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Southwest Harbor, ME

Southwest Harbor home values range from $83,987 to $16,330,984. The median estimated value of a home in Southwest Harbor is $619,014.15. The median list price of a home is 2,784,000, and the total count of properties in the city is 1,089.

Foreclosure
There is 1 zips within Southwest Harbor, ME; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Southwest Harbor, ME with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Southwest Harbor, ME with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Southwest Harbor, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Southwest Harbor, ME ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Southwest Harbor, ME. There is 1 zips within Southwest Harbor, ME; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Southwest Harbor, ME. Auction homes and other auction properties account for 0% of all properties in Southwest Harbor, ME. There is 1 zips within Southwest Harbor, ME; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in Southwest Harbor, ME with 04679 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Southwest Harbor, ME; homes for sale in that zips, have a range of median values from $725,081 in 04679 to the lowest value of $725,081 in 04679.
    Sold Homes
    The median value for recently sold homes ranges from $16,330,984 in 04679 to the lowest price of $189,495 in 04679. There is 1 zips within Southwest Harbor, ME. 04679 has 13 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.19% of properties in Southwest Harbor, ME.

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      Guide for Southwest Harbor, ME

      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
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      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Madison Real Estate Report: House Values Peak at $447K
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      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Madison Real Estate Report: House Values Peak at $447K
      Market Reports|posted 22 April 2024

      In Madison, WI homes have seen a gradual increase in property values, and sale price reach just under 500k in early 2024.

      Recently Listed Homes Southwest Harbor, ME

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