Is Springvale, ME 04083 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Springvale is a seller’s market. With about 2.6 months of supply and 41% 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.

Competition score75/ 100

More competitive than 79% of U.S. ZIP codes, and #22 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

Months of supply2.6Under 4 months = seller’s market
Sold above original list40.9%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$246▲ +1.2% vs. last year

The Springvale housing market right now

In the three months ending August 31, 2026, 41% of homes in Springvale, ME 04083 sold above their list price, the typical home went under contract in 32 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 23 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (41% then), homes sold faster (35 days then) and the median sale price fell 5% to $331,307. Overall, Springvale is about as competitive as it was a year ago.

Within York County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 72%. On our competition score, Springvale ranks #22 of 105 ME ZIP codes with enough sales (score 75 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.

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 →

Where Springvale is

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Questions about Springvale real estate

Is Springvale a buyer’s or seller’s market?

A seller’s market: there were 2.6 months of supply in Springvale, ME 04083 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 Springvale?

The typical home went under contract in 32 days in the latest three months.

Do homes in Springvale sell over asking?

41% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.

What are property taxes in Springvale?

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 Springvale?

The median sale price was $331,307 in the three months ending August 31, 2026, about $246 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