Augusta, ME metro area Housing Market

Cold Market

Comprehensive housing market data for the Augusta, ME metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$293K

9.5% YoY

Days on Market

80 days

53.8% YoY

Active Inventory

381

44.3% YoY

Homes Sold

62

42.1% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Augusta, ME metro area Market Summary

The Augusta, ME metro area housing market is cooling down. As of January 2026, the median home sale price is $293K, up 9.5% year-over-year. Homes are spending a median of 80 days on the market, 53.8% longer than a year ago.

There are 381 homes for sale — 44.3% more than last year. With 6.1 months of supply, this is a buyer's market. 100 new listings were added during this period, up 3.1% year-over-year.

Homes are selling for 97.0% of their list price on average, suggesting room for negotiation. 19.4% of homes sell above their asking price. 18.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 6.1
Days on Market 80
Price Drops 18.4%
Sale-to-List Ratio 97.0%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 30.7%
Days on Market (National: 66) 21.2%
Inventory (National: 1,210,379) 100.0%

vs. Maine Median

Median Price (Maine: $383K) 23.3%
Days on Market (Maine: 60) 33.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 31% below the national median, which could indicate stronger cash flow potential.

Augusta, ME metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$287K

Price per Sq Ft

$180

Sale-to-List Ratio

97.0%

Months of Supply

6.1

Sold Above List

19.4%

Price Drops

18.4%

New Listings

100

3.1% YoY

Pending Sales

114

Off Market in 2 Weeks

28.1%

Analyze a deal in Augusta, ME metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.