Is Wells, ME 04090 a buyer’s or seller’s market?

The Wells housing market right now

In the three months ending August 31, 2026, 25% of homes in Wells, ME 04090 sold above their list price, the typical home went under contract in 47 days and there were 4 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 116 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold faster (56 days then) and the median sale price rose 16% to $637,224. Overall, Wells is more competitive than a year ago, so tougher for buyers.

Within York County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Wells ranks #68 of 105 ME ZIP codes with enough sales (score 48 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.