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Scarborough High School, Scarborough MEPhoto: John Phelan · CC BY-SA 4.0
Housing in Oak Hill

107 homes sold in Oak Hill in the last year, at a typical $570K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Oak Hill homes are listed.

Homes sold
107
June 2025 to May 2026
Typical sale price
$570K
houses $680K · condos $455K
Price per square foot
$386
Maine $260
Paid vs. asking
100.5%
34% sold over asking
For sale now
12
May 2026 · 9 sold that month
What sold · last 12 months

Half of Oak Hill’s sales are condos, at $226K less than a house

55 houses and 51 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$680K

typical sale · 55 sold in 12 months

Per square foot
$383ME $253
Days to sell
42
Sold over asking
42%
Listings with a price cut
22%
Condos$455K

typical sale · 51 sold in 12 months

Per square foot
$402ME $376
Days to sell
44
Sold over asking
25%
Listings with a price cut
9%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $645K

Too few sales in 12 months for reliable figures.

10 years of sales

About as many homes sell as usual, at 1.8 times the 2016 price

107 sales in the last year, against 180 in 2019 and a low of 73 in 2024. The typical sale went from $311K in 2016 to $570K.

Homes soldTypical sale price
050100150200$325K$450K$575K$700K2016: 93 sold, typical $311K’162017: 121 sold, typical $334K2018: 110 sold, typical $342K’182019: 180 sold, typical $323K2020: 116 sold, typical $413K’202021: 147 sold, typical $375K2022: 164 sold, typical $513K’222023: 103 sold, typical $492K2024: 73 sold, typical $547K’242025: 99 sold, typical $595KLast 12 months: 107 sold, typical $570KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $550K buys in Oak Hill

Houseat $383 a sq ft
Condoat $402 a sq ft
The same money in Maineat $253 a sq ft

Is this asking price fair?

Check a listing against what Oak Hill homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Oak Hill are back to pre-pandemic levels, with about as many homes for sale

We read every month of Oak Hill’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 107 sales.

If you’re buying in Oak Hill

  • Shop in February. It brings about 14 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
  • Less room to haggle. Only 11% of listings cut their price, against 19% before the pandemic.
  • Bid near asking. Buyers paid 100.5% of the list price on average; 34% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Winter brings the homes; spring brings the bidding wars

February has the most new listings (about 14 a month), but April is the most competitive: 55% of April sales close over asking. February has the least competition (25%).

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 9 new listings a month, 36% sold over asking, 48 days to sellJFeb: 14 new listings a month, 25% sold over asking, 64 days to sellFMar: 14 new listings a month, 40% sold over asking, 27 days to sellMApr: 14 new listings a month, 55% sold over asking, 17 days to sellAMay: 13 new listings a month, 50% sold over asking, 39 days to sellMJun: 12 new listings a month, 42% sold over asking, 46 days to sellJJul: 10 new listings a month, 49% sold over asking, 30 days to sellJAug: 13 new listings a month, 46% sold over asking, 31 days to sellASep: 13 new listings a month, 47% sold over asking, 28 days to sellSOct: 10 new listings a month, 40% sold over asking, 28 days to sellONov: 7 new listings a month, 43% sold over asking, 42 days to sellNDec: 4 new listings a month, 43% sold over asking, 38 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Maine

Oak Hill now2017–192021 peakME now
Sold over askingShare of sales that closed above the list price34%36%63%28%
Gone within two weeksShare of homes under contract within 14 days46%42%47%32%
Listings with a price cutShare of homes for sale that cut their price11%19%5%22%
Price paid vs. askingAverage sale price ÷ list price100.5%100.1%103.3%98.1%
Days to sellMedian days from listing to contract40315357
Supply

21 homes for sale on a typical day

That’s 1.7 times the 2024 low (12), 11% fewer than in 2017–19 and well under 2019’s 34.

2016: 20 for sale’162017: 21 for sale2018: 14 for sale2019: 34 for sale’192020: 20 for sale2021: 29 for sale2022: 24 for sale’222023: 13 for sale2024: 12 for sale2025: 25 for sale’25Last 12 months: 21 for saleNow
Room to negotiate

1 in 9 listings has cut its price

11% in the last year, against 19% in 2017–19 and 22% across Maine.

2016: 18%’162017: 24%2018: 25%2019: 13%’192020: 13%2021: 5%2022: 13%’222023: 12%2024: 24%2025: 8%’25Last 12 months: 11%Now
Prices by type

Since 2019, houses are up 74%, condos 76%

A house typically sold for $680K in the last year (55 sales), a condo for $455K (51).

$275K$450K$625K$800K201520172019202120232025NowHouses 2015: $344K, 59 salesHouses 2016: $368K, 69 salesHouses 2017: $367K, 76 salesHouses 2018: $363K, 72 salesHouses 2019: $390K, 84 salesHouses 2020: $467K, 79 salesHouses 2021: $519K, 67 salesHouses 2022: $624K, 89 salesHouses 2023: $672K, 50 salesHouses 2024: $732K, 38 salesHouses 2025: $701K, 61 salesHouses last 12 months: $680K, 55 salesHouses $680KCondos 2015: $198K, 25 salesCondos 2016: $207K, 24 salesCondos 2017: $262K, 39 salesCondos 2018: $233K, 28 salesCondos 2019: $259K, 90 salesCondos 2020: $272K, 29 salesCondos 2021: $311K, 78 salesCondos 2022: $385K, 70 salesCondos 2023: $405K, 51 salesCondos 2024: $459K, 34 salesCondos 2025: $454K, 37 salesCondos last 12 months: $455K, 51 salesCondos $455K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Maine

Oak Hill ranks 20th of 32 busy Maine markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Oak Hill is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Oak Hill home costs about $3,472 a month

Mortgage
Property tax
Insurance
Rent

Price: Oak Hill’s typical sale, last 12 months. Property tax at Oak Hill’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Oak Hill is affordable on local pay is on Cost of living.

Before you buy in Oak Hill

Five things worth knowing

14

New listings in February

The month with the most choice. December has the fewest, about 4.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $570K home, about $5,970 a year.

Taxes vs. neighbors
20 min

Typical commute

The average one-way trip to work for people who live in Oak Hill.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

South Portland and Saco sell for less a square foot

The busier markets within 25 miles of Oak Hill, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
South Portland329$524K$37144%35
Saco305$516K$32037%40
Old Orchard Beach246$511K$38621%51
Cape Elizabeth141$932K$43135%46
Scarborough113$572K$38035%41
Oak Hill107$570K$38634%40
Dunstan27$753K$38841%59

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Oak Hill, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Oak Hill. People who follow the town see it, and so do people comparing Oak Hill with their own town. No commission, no listing fee.

Questions about buying a home in Oak Hill

What do homes sell for in Oak Hill, ME?

107 homes sold in the year to May 2026 at a typical $570K, $386 a square foot. Houses sold for about $680K, condos for about $455K.

Is Oak Hill a buyer’s or seller’s market?

A seller’s market: 12 homes were for sale in May 2026 and 9 sold, about 1.3 months of supply. Buyers paid 100.5% of asking on average, and 11% of listings cut their price.

When is the best time to buy in Oak Hill?

February brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Oak Hill?

About 1.1% of a home’s value a year. On a $570K home that’s near $5,970.

Where can I see homes for sale in Oak Hill?

Zillow, Redfin, Realtor.com and Homes.com all carry Oak Hill’s MLS listings; the search links above open each one filtered to Oak Hill.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).