Cape Elizabeth, ME Home Values & Market Trends
Real estate market trends reflect that there have been 165 transactions over the past year in Cape Elizabeth. The median value for residential home transactions that occurred over the previous year is $945,000. The number of current listings in Cape Elizabeth is 145, and the percentage of properties for sale in the city is 145.00%. Cape Elizabeth, ME currently has 3 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 145 properties for sale.
Cape Elizabeth, ME Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 04107 | $ 945,000 $ 477/sqft |
Housing Market Summary for Cape Elizabeth, ME
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $899K | $937K | 4.22% |
| Median Sold Price | $915.5K | $830.2K | -9.31% |
| Homes For Sale | 93 | 141 | 51.61% |
| Homes Sold | 51 | 54 | 5.88% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cape Elizabeth, ME
Browse Homes in Cape Elizabeth, ME
Cape Elizabeth home values range from $251,257 to $16,500,000. The median estimated value of a home in Cape Elizabeth is $945,000. The median list price of a home is 924,900, and the total count of properties in the city is 204.
- Pre-ForeclosurePre-foreclosure homes account for 1.47% of all residential properties in Cape Elizabeth, ME with 04107 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cape Elizabeth, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,398,196 in 04107 to the lowest home value of $1,019,156 in 04107.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cape Elizabeth, 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 Cape Elizabeth, ME. There is 1 zips within Cape Elizabeth, ME; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Cape Elizabeth, ME. Auction homes and other auction properties account for 0% of all properties in Cape Elizabeth, ME. There is 1 zips within Cape Elizabeth, 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.
Compare Nearby Cities
More Real Estate Resources for Cape Elizabeth, ME
Guide for Cape Elizabeth, ME
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
