Is South Berwick, ME 03908 a buyer’s or seller’s market?
South Berwick is a seller’s market. With about 1 months of supply and 64% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 95% of U.S. ZIP codes, and #2 of 105 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The South Berwick housing market right now
In the three months ending August 31, 2026, 64% of homes in South Berwick, ME 03908 sold above their list price, the typical home went under contract in 28 days and there was 1 month of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 26 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 69%, homes sold more slowly (22 days then) and the median sale price rose 10% to $584,747. Overall, South Berwick is less competitive than a year ago, which gives buyers more room.
Within York County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 94%. On our competition score, South Berwick ranks #2 of 105 ME ZIP codes with enough sales (score 91 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).
Run the numbers for 03908
Nearby markets
Acton 04001Seller’s market $388 /sq ftAlfred 04002Seller’s market $293 /sq ftBerwick 03901Seller’s market $261 /sq ftBiddeford 04005Seller’s market $308 /sq ft Browse all markets →Towns like South Berwick nearby
Find towns like South Berwick in other states →Where South Berwick is
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Questions about South Berwick real estate
Is South Berwick a buyer’s or seller’s market?
A seller’s market: there was 1 months of supply in South Berwick, ME 03908 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in South Berwick?
The typical home went under contract in 28 days in the latest three months.
Do homes in South Berwick sell over asking?
64% of homes sold above their original list price, and the typical sale closed at 102.9% of the list price.
What are property taxes in South Berwick?
About 0.96% of a home’s value a year in York County, or roughly $3,840 on a $400,000 home.
What is the median home price in South Berwick?
The median sale price was $584,747 in the three months ending August 31, 2026, about $274 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology