Is Chebeague Island, ME 04017 a buyer’s or seller’s market?

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

Chebeague Island is a seller’s market. With about 3.2 months of supply and 67% 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.

Months of supply3.2Under 4 months = seller’s market

Sold above original list66.6%Share of sales, last 3 months

Median sale-to-list104.9%Sold price ÷ list price

Median days on market10Listing to accepted offer

Median price per sq ft$747▲ +35.8% vs. last year

Run the numbers for 04017

Prefilled for 04017Can I win this house?Multiple-offer likelihood for a listing Prefilled for 04017Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bailey Island 04003Buyer’s market $656 /sq ft Bridgton 04009Balanced $325 /sq ft Brunswick 04011Seller’s market $301 /sq ft Cape Elizabeth 04107Seller’s market $426 /sq ft Browse all markets →

More tools for 04017

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology