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HALLOWELL, ME 04347

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The HALLOWELL, ME real estate market (04347) currently shows 13 active listings, with 2 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 84 days on market compared to 50 days last year.

The median listing price has fallen 37.8% year-over-year, from $555,000 to $345,000.

Whether you are buying or selling in HALLOWELL, 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: 2,558  ·  Density: 168.4/mi²  ·  Median household income: $62,990

Typical home value: $234,095  ·  Homeownership: 57.0%

Market Overview

Active Listings
13
⇧ 30% vs 10 last year
Pending
2
15% pending ratio
Median Price
$345,000
⇩ 37.8% vs $555,000 last year
Average Price
$416,896
⇩ 35.5% vs $646,700 last year
Days on Market
84
⇧ 68% vs 50 days last year

Price Per Square Foot

Median $/sqft
$234
⇩ 9.3% vs $258/sqft last year
Median Home Size
1,404 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 10 last year
  • Days on market: 84 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $345,000 (-37.8% YoY)
  • Average: $416,896 (-35.5% 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 16.9 miles — 163 listings ($75,642,620 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04347Hallowell, ME 043470.0 mi16$7,747,872$442,625$484,242
04351Manchester, ME 043513.7 mi6$3,161,640$444,950$526,940
04330Augusta, ME 043306.3 mi58$20,068,754$302,500$346,013
04364Winthrop, ME 043647.4 mi14$7,868,966$499,000$562,069
04259Monmouth, ME 0425910.6 mi6$4,072,902$827,000$678,817
04265North Monmouth, ME 0426511.4 mi4$1,504,900$365,000$376,225
04353Whitefield, ME 0435311.6 mi3$1,273,350$424,450$424,450
04989Vassalboro, ME 0498912.7 mi17$7,803,799$400,000$459,047
04917Belgrade, ME 0491713.8 mi12$9,382,968$602,000$781,914
04342Dresden, ME 0434215.0 mi2$1,174,000$587,000$587,000
04349Kents Hill, ME 0434916.2 mi6$2,562,000$367,000$427,000
04358South China, ME 0435816.4 mi12$6,421,200$405,000$535,100
04280Sabattus, ME 0428016.9 mi7$2,600,269$342,450$371,467

Frequently Asked Questions

How many homes are for sale in HALLOWELL, ME 04347?

As of February 2026, there are 13 active listings in HALLOWELL, ME (zip code 04347), compared to 10 the prior year.

What is the median home price in HALLOWELL, ME 04347?

The median listing price in HALLOWELL, ME 04347 is $345,000 as of February 2026, a 37.8% decrease from $555,000 the prior year.

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

Homes in HALLOWELL, ME 04347 spend an average of 84 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in HALLOWELL, ME 04347?

Based on current inventory and days-on-market data as of February 2026, HALLOWELL, ME 04347 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 84 days on market compared to 50 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HALLOWELL, ME 04347 save an estimated $6,900 compared to a typical 5% commission on the median listing price of $345,000. 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.