Is East Baldwin, ME 04024 a buyer’s or seller’s market?
East Baldwin is a seller’s market. With about 3.2 months of supply and 50% 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.
The East Baldwin housing market right now
In the three months ending August 31, 2026, 50% of homes in East Baldwin, ME 04024 sold above their list price, the typical home went under contract in 26 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 60%, homes sold faster (53 days then) and the median sale price rose 5% to $382,410. Overall, East Baldwin is about as competitive as it was a year ago.
Within Cumberland County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in 73%.
Nearby, buyers who want less competition could look at Portland 04109 (0% sold over asking) or Peaks Island 04108 (0% sold over asking), while Chebeague Island 04017 (67% sold over asking) and Gorham 04038 (63% sold over asking) are even more competitive.
Run the numbers for 04024
Nearby markets
Bailey Island 04003Buyer’s market $656 /sq ftBridgton 04009Balanced $325 /sq ftBrunswick 04011Seller’s market $301 /sq ftCape Elizabeth 04107Seller’s market $426 /sq ft Browse all markets →Where East Baldwin is
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Questions about East Baldwin real estate
Is East Baldwin a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in East Baldwin, ME 04024 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 East Baldwin?
The typical home went under contract in 26 days in the latest three months.
Do homes in East Baldwin sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What are property taxes in East Baldwin?
About 1.04% of a home’s value a year in Cumberland County, or roughly $4,160 on a $400,000 home.
What is the median home price in East Baldwin?
The median sale price was $382,410 in the three months ending August 31, 2026, about $264 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