How much does it cost to buy a house in Cape Neddick, ME?

In May 2026 Cape Neddick homes were listed to buy for a median price of $771K, which is a 55% decrease to April 2025 last month, and a 54% decrease to May 2025 last year. The median value of a home listed to buy in Cape Neddick in May 2026 was $417 per sqft, which is a 40% decrease to April 2025 last month, and a 39% decrease to May 2025 last year.

Is it affordable or expensive to live in Cape Neddick, ME?

It is expensive to live in Cape Neddick. Buying a home in Cape Neddick is 2% more expensive compared with the national average.

Is it a good time to buy property in Cape Neddick, ME?

Yes now is a good time to buy property in Cape Neddick, in May 2026, homes in Cape Neddick have decreased in value (price per sqft) by 39% in the last year compared with May 2025.

Are home prices dropping in Cape Neddick, ME?

Home price are dropping in Cape Neddick, in May 2026, homes to buy in Cape Neddick have decreased in median list price by 15% compared with April 2026, one month ago.

Is the Cape Neddick, ME housing market slowing down?

In May 2026, homes to buy in Cape Neddick spent an median 42 days on the market, a same May 2025 last year.

How much money should I make to buy a house in Cape Neddick, ME?

In May 2026, Cape Neddick homes were listed to buy for a median price of $771K, with 25% down you would need $4.44K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $152K.

Is it a good time to sell my house in Cape Neddick, ME?

Yes now is a good time to sell your house in Cape Neddick, in May 2026, homes in Cape Neddick have decreased in value (price per sqft) by 39% in the last year compared with May 2025.