Is Waterville, ME 04901 a buyer’s or seller’s market?

The Waterville housing market right now

In the three months ending August 31, 2026, 34% of homes in Waterville, ME 04901 sold above their list price, the typical home went under contract in 38 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 94 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (34% then), homes sold faster (50 days then) and the median sale price rose 7% to $289,875. Overall, Waterville is more competitive than a year ago, so tougher for buyers.

Within Kennebec County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, Waterville ranks #49 of 105 ME ZIP codes with enough sales (score 59 out of 100).

Nearby, buyers who want less competition could look at South Gardiner 04359 (0% sold over asking) or Mount Vernon 04352 (0% sold over asking), while Randolph 04346 (56% sold over asking) and North Monmouth 04265 (50% sold over asking) are even more competitive.