Durham, ME Home Values & Market Trends

Real estate market trends reflect that there have been 45 transactions over the past year in Durham. The median value for residential home transactions that occurred over the previous year is $468,075.02. The number of current listings in Durham is 2, and the percentage of properties for sale in the city is 2.00%. Durham, ME currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 2 properties for sale.

Durham, ME Real Estate Market Overview

ZipMedian Est. Value
04222

$ 526,309

$ 279/sqft

Housing Market Summary for Durham, ME

Apr 2023March 2024Change
Median Listing Price$0$451.4K-
Median Sold Price$376K$451.4K20.05%
Homes For Sale01-
Homes Sold152353.33%
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 Durham, ME

Durham home values range from $49,628 to $1,340,378. The median estimated value of a home in Durham is $468,075.02. The median list price of a home is 529,000, and the total count of properties in the city is 1,637.

Foreclosure
There is 1 zips within Durham, 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 Durham, 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 Durham, 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 Durham, 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 Durham, 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 Durham, ME. There is 1 zips within Durham, 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 Durham, ME. Auction homes and other auction properties account for 0% of all properties in Durham, ME. There is 1 zips within Durham, 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 0.12% of residential properties in Durham, ME with 04222 containing 2 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Durham, ME; homes for sale in that zips, have a range of median values from $543,675 in 04222 to the lowest value of $508,944 in 04222.
    Sold Homes
    The median value for recently sold homes ranges from $639,203 in 04222 to the lowest price of $96,511 in 04222. There is 1 zips within Durham, ME. 04222 has 23 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.41% of properties in Durham, ME.

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      Guide for Durham, ME

      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
      See More Articles
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Recently Listed Homes Durham, ME

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