Westbrook, ME Home Values & Market Trends

Real estate market trends reflect that there have been 256 transactions over the past year in Westbrook. The median value for residential home transactions that occurred over the previous year is $454,968.25. The number of current listings in Westbrook is 4, and the percentage of properties for sale in the city is 4.00%. Westbrook, ME currently has 6 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 4 properties for sale.

Westbrook, ME Real Estate Market Overview

ZipMedian Est. Value
04092

$ 373,178

$ 349/sqft

Housing Market Summary for Westbrook, ME

Mar 2023February 2024Change
Median Listing Price$240K$435.3K81.37%
Median Sold Price$393K$435.3K10.76%
Homes For Sale55-
Homes Sold12113612.40%
Price
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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 Westbrook, ME

Westbrook home values range from $97,686 to $1,850,588. The median estimated value of a home in Westbrook is $454,968.25. The median list price of a home is 252,499.5, and the total count of properties in the city is 5,954.

Foreclosure
There is 1 zips within Westbrook, ME; within this zips, the median estimated home value for homes in foreclosure ranges from $882,399 in 04092 to the lowest value of $214,500 in 04092. Foreclosure homes account for 0.00% of properties in Westbrook, ME with 04092 containing 6 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.05% of all residential properties in Westbrook, ME with 04092 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Westbrook, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $379,155 in 04092 to the lowest home value of $214,500 in 04092.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Westbrook, ME ranges from the highest value of $375,000 in 04092 to the lowest value of $375,000 in 04092. Bank owned homes and properties account for 0.02% of properties in Westbrook, ME. There is 1 zips within Westbrook, ME; 04092 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    04092 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Westbrook, ME. Auction homes and other auction properties account for 0.03% of all properties in Westbrook, ME. There is 1 zips within Westbrook, ME; of that zips, the median estimated home value for homes going to auction ranges from $882,399 in 04092 to the lowest value of $358,399 in 04092.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in Westbrook, ME with 04092 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Westbrook, ME; homes for sale in that zips, have a range of median values from $496,612 in 04092 to the lowest value of $249,339 in 04092.
    Sold Homes
    The median value for recently sold homes ranges from $740,000 in 04092 to the lowest price of $146,711 in 04092. There is 1 zips within Westbrook, ME. 04092 has 132 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.22% of properties in Westbrook, ME.

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      Guide for Westbrook, ME

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      Recently Listed Homes Westbrook, ME

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