Is Westbrook, ME 04092 a buyer’s or seller’s market?
Westbrook is a seller’s market. With about 1.8 months of supply and 54% 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 91% of U.S. ZIP codes, and #9 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 Westbrook housing market right now
In the three months ending August 31, 2026, 54% of homes in Westbrook, ME 04092 sold above their list price, the typical home went under contract in 27 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 95 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 49%, homes sold faster (29 days then) and the median sale price rose 4% to $517,276. Overall, Westbrook is more competitive than a year ago, so tougher for buyers.
Within Cumberland County, homes here sell faster than in 59% of the county’s ZIP codes, and sell more often over asking than in 81%. On our competition score, Westbrook ranks #9 of 105 ME ZIP codes with enough sales (score 86 out of 100).
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 04092
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 →Towns like Westbrook nearby
Find towns like Westbrook in other states →Where Westbrook is
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Questions about Westbrook real estate
Is Westbrook a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Westbrook, ME 04092 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 Westbrook?
The typical home went under contract in 27 days in the latest three months.
Do homes in Westbrook sell over asking?
54% of homes sold above their original list price, and the typical sale closed at 101.9% of the list price.
What are property taxes in Westbrook?
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 Westbrook?
The median sale price was $517,276 in the three months ending August 31, 2026, about $331 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