Is Cape Neddick, ME 03902 a buyer’s or seller’s market?

The Cape Neddick housing market right now

In the three months ending August 31, 2026, 27% of homes in Cape Neddick, ME 03902 sold above their list price, the typical home went under contract in 54 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold more slowly (52 days then) and the median sale price rose 12% to $879,619. Overall, Cape Neddick is more competitive than a year ago, so tougher for buyers.

Within York County, homes here sell more slowly than in 97% of the county’s ZIP codes, and sell less often over asking than in 72%. On our competition score, Cape Neddick ranks #77 of 105 ME ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Ocean Park 04063 (0% sold over asking) or Biddeford Pool 04006 (0% sold over asking), while East Waterboro 04030 (64% sold over asking) and Buxton 04093 (64% sold over asking) are even more competitive.