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WATERFORD, ME 04088

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The WATERFORD, ME real estate market (04088) currently shows 6 active listings, with 1 pending sales. Homes are averaging 163 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 163 days on market compared to 153 days last year.

The median listing price has fallen 62.3% year-over-year, from $843,500 to $318,000.

Whether you are buying or selling in WATERFORD, ME, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,127  ·  Density: 8.7/mi²  ·  Median household income: $57,813

Typical home value: $224,882  ·  Homeownership: 91.1%

Market Overview

Active Listings
6
⇧ 50% vs 4 last year
Pending
1
17% pending ratio
Median Price
$318,000
⇩ 62.3% vs $843,500 last year
Average Price
$426,580
⇩ 41% vs $722,833 last year
Days on Market
163
⇧ 6.5% vs 153 days last year

Price Per Square Foot

Median $/sqft
$295
⇧ 11.3% vs $265/sqft last year
Median Home Size
1,208 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 4 last year
  • Days on market: 163 now vs 153 last year

Median & Average Pricing

Year over Year
  • Median: $318,000 (-62.3% YoY)
  • Average: $426,580 (-41% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.6 miles — 138 listings ($75,440,242 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04088Waterford, ME 040880.0 mi7$2,874,886$312,250$410,698
04268Norway, ME 042686.1 mi16$7,557,536$387,925$472,346
04231Stoneham, ME 042319.7 mi1$899,900$899,900$899,900
04009Bridgton, ME 0400910.1 mi34$18,701,938$449,675$550,057
04271Paris, ME 0427111.9 mi1$460,000$460,000$460,000
04289West Paris, ME 0428912.8 mi3$554,025$184,675$184,675
04037Fryeburg, ME 0403713.4 mi10$5,397,320$566,213$539,732
04219Bryant Pond, ME 0421916.2 mi6$5,247,744$681,250$874,624
04256Mechanic Falls, ME 0425616.7 mi7$3,455,753$256,200$493,679
03813Center Conway, NH 0381317.6 mi13$5,869,370$380,725$451,490
04015Casco, ME 0401518.6 mi23$18,186,583$565,500$790,721
04274Poland, ME 0427419.3 mi8$3,713,288$478,950$464,161
04220Buckfield, ME 0422020.6 mi9$2,521,899$295,000$280,211

Frequently Asked Questions

How many homes are for sale in WATERFORD, ME 04088?

As of March 2026, there are 6 active listings in WATERFORD, ME (zip code 04088), compared to 4 the prior year.

What is the median home price in WATERFORD, ME 04088?

The median listing price in WATERFORD, ME 04088 is $318,000 as of March 2026, a 62.3% decrease from $843,500 the prior year.

How long do homes stay on the market in WATERFORD, ME?

Homes in WATERFORD, ME 04088 spend an average of 163 days on the market before going under contract, compared to 153 days the prior year.

Is it a seller's or buyer's market in WATERFORD, ME 04088?

Based on current inventory and days-on-market data as of March 2026, WATERFORD, ME 04088 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 163 days on market compared to 153 days last year.

How much can I save on real estate commission in WATERFORD, ME?

With SELL123.com's maximum 3% commission, sellers in WATERFORD, ME 04088 save an estimated $6,360 compared to a typical 5% commission on the median listing price of $318,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.