Is Castine, ME 04420 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Castine is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list66.6%Share of sales, last 3 months
Median sale-to-list108.5%Sold price ÷ list price
Median days on market80Listing to accepted offer
Median price per sq ft$787▲ +204.4% vs. last year

The Castine housing market right now

In the three months ending August 31, 2026, 67% of homes in Castine, ME 04420 sold above their list price and the typical home went under contract in 80 days. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (69 days then) and the median sale price rose 7% to $801,653. Overall, Castine is more competitive than a year ago, so tougher for buyers.

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Where Castine is

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Questions about Castine real estate

How fast do homes sell in Castine?

The typical home went under contract in 80 days in the latest three months.

Do homes in Castine sell over asking?

67% of homes sold above their original list price, and the typical sale closed at 108.5% of the list price.

What is the median home price in Castine?

The median sale price was $801,653 in the three months ending August 31, 2026, about $787 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