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CAPE ELIZABETH, ME 04107

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CAPE ELIZABETH, ME real estate market (04107) currently shows 15 active listings, with 4 pending sales. Homes are averaging 147 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 147 days on market compared to 122 days last year.

The median listing price has fallen 29.4% year-over-year, from $1,822,500 to $1,287,500.

Whether you are buying or selling in CAPE ELIZABETH, ME, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 9,519  ·  Density: 247.4/mi²  ·  Median household income: $144,250

Typical home value: $599,770  ·  Homeownership: 88.1%

Market Overview

Active Listings
15
vs 15 last year
Pending
4
27% pending ratio
Median Price
$1,287,500
⇩ 29.4% vs $1,822,500 last year
Average Price
$1,375,333
⇩ 31.8% vs $2,016,936 last year
Days on Market
147
⇧ 20.5% vs 122 days last year

Price Per Square Foot

Median $/sqft
$420
⇩ 19.5% vs $522/sqft last year
Median Home Size
2,630 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 147 now vs 122 last year

Median & Average Pricing

Year over Year
  • Median: $1,287,500 (-29.4% YoY)
  • Average: $1,375,333 (-31.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.5 miles — 321 listings ($257,706,342 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04107Cape Elizabeth, ME 041070.0 mi17$24,638,372$1,195,000$1,449,316
04101Portland, ME 041015.2 mi36$37,219,824$784,500$1,033,884
04102Portland, ME 041025.9 mi36$23,532,696$449,999$653,686
04103Portland, ME 041037.7 mi35$22,056,720$625,000$630,192
04098Westbrook, ME 040988.8 mi1$575,000$575,000$575,000
04105Falmouth, ME 0410511.2 mi30$42,025,020$1,295,000$1,400,834
04072Saco, ME 0407211.8 mi39$26,858,091$544,000$688,669
04038Gorham, ME 0403813.5 mi38$24,757,418$652,500$651,511
04021Cumberland Center, ME 0402114.5 mi15$9,253,005$609,950$616,867
04093Buxton, ME 0409315.4 mi14$8,727,250$517,000$623,375
04062Windham, ME 0406216.7 mi43$25,773,985$577,000$599,395
04097North Yarmouth, ME 0409718.1 mi7$6,545,791$924,500$935,113
04042Hollis Center, ME 0404219.5 mi10$5,743,170$492,000$574,317

Frequently Asked Questions

How many homes are for sale in CAPE ELIZABETH, ME 04107?

As of February 2026, there are 15 active listings in CAPE ELIZABETH, ME (zip code 04107), compared to 15 the prior year.

What is the median home price in CAPE ELIZABETH, ME 04107?

The median listing price in CAPE ELIZABETH, ME 04107 is $1,287,500 as of February 2026, a 29.4% decrease from $1,822,500 the prior year.

How long do homes stay on the market in CAPE ELIZABETH, ME?

Homes in CAPE ELIZABETH, ME 04107 spend an average of 147 days on the market before going under contract, compared to 122 days the prior year.

Is it a seller's or buyer's market in CAPE ELIZABETH, ME 04107?

Based on current inventory and days-on-market data as of February 2026, CAPE ELIZABETH, ME 04107 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 147 days on market compared to 122 days last year.

How much can I save on real estate commission in CAPE ELIZABETH, ME?

With SELL123.com's maximum 3% commission, sellers in CAPE ELIZABETH, ME 04107 save an estimated $25,750 compared to a typical 5% commission on the median listing price of $1,287,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.