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Downtown Waterville, ME IMG 2639Photo: Billy Hathorn · CC BY-SA 3.0
Housing in Waterville

191 homes sold in Waterville in the last year, at a typical $247K

Almost every sale is a house. 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 Waterville homes are listed.

Homes sold
191
June 2025 to May 2026
Typical sale price
$247K
houses $254K · condos $189K
Price per square foot
$159
Maine $260
Paid vs. asking
99.2%
37% sold over asking
For sale now
44
May 2026 · 17 sold that month
What sold · last 12 months

6% of Waterville’s sales are condos, at $64K less than a house

139 houses and 11 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$254K

typical sale · 139 sold in 12 months

Per square foot
$167ME $253
Days to sell
52
Sold over asking
37%
Listings with a price cut
26%
Condos$189K

typical sale · 11 sold in 12 months

Per square foot
$162ME $376
Days to sell
75
Sold over asking
27%
Listings with a price cut
37%
Fewer sales

Multi-family (2–4 units): 41 sold, typical $246K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.5 times the 2016 price

191 sales in the last year, against 225 in 2020 and a low of 114 in 2012. The typical sale went from $99K in 2016 to $247K.

Homes soldTypical sale price
062125187250$75K$150K$225K$300K2012: 114 sold, typical $89K’122013: 142 sold, typical $88K2014: 140 sold, typical $92K’142015: 135 sold, typical $95K2016: 154 sold, typical $99K’162017: 181 sold, typical $111K2018: 213 sold, typical $115K’182019: 201 sold, typical $123K2020: 225 sold, typical $132K’202021: 222 sold, typical $165K2022: 218 sold, typical $195K’222023: 178 sold, typical $212K2024: 180 sold, typical $238K’242025: 187 sold, typical $248KLast 12 months: 191 sold, typical $247KNow

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

What your budget buys

What $250K buys in Waterville

Houseat $167 a sq ft
Condoat $162 a sq ft
The same money in Maineat $253 a sq ft

Is this asking price fair?

Check a listing against what Waterville 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 · 14 years of sales

Bidding wars in Waterville are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Waterville’s home sales since 2012 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, 191 sales.

If you’re buying in Waterville

  • Shop in May. It brings about 28 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • Some room to negotiate. 24% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 99.2% of the list price on average; 37% paid over.
  • You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 53 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 28 a month), but July is the most competitive: 35% of July sales close over asking. March has the least competition (21%).

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 12 new listings a month, 23% sold over asking, 67 days to sellJFeb: 11 new listings a month, 30% sold over asking, 76 days to sellFMar: 20 new listings a month, 21% sold over asking, 89 days to sellMApr: 22 new listings a month, 26% sold over asking, 87 days to sellAMay: 28 new listings a month, 26% sold over asking, 63 days to sellMJun: 24 new listings a month, 32% sold over asking, 41 days to sellJJul: 26 new listings a month, 35% sold over asking, 33 days to sellJAug: 26 new listings a month, 31% sold over asking, 52 days to sellASep: 20 new listings a month, 27% sold over asking, 42 days to sellSOct: 19 new listings a month, 24% sold over asking, 48 days to sellONov: 12 new listings a month, 27% sold over asking, 50 days to sellNDec: 10 new listings a month, 25% sold over asking, 53 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Maine

Waterville now2017–192021 peakME now
Sold over askingShare of sales that closed above the list price37%16%40%28%
Gone within two weeksShare of homes under contract within 14 days40%21%50%32%
Listings with a price cutShare of homes for sale that cut their price24%21%20%22%
Price paid vs. askingAverage sale price ÷ list price99.2%96.5%99.6%98.1%
Days to sellMedian days from listing to contract53641857
Supply

51 homes for sale on a typical day

That’s twice the 2021 low (25), 23% fewer than in 2017–19 and well under 2015’s 130.

2012: 128 for sale’122013: 124 for sale2014: 126 for sale2015: 130 for sale’152016: 83 for sale2017: 83 for sale2018: 61 for sale’182019: 53 for sale2020: 33 for sale2021: 25 for sale’212022: 39 for sale2023: 30 for sale2024: 37 for sale’242025: 45 for saleLast 12 months: 51 for saleNow
Room to negotiate

1 in 4 listings has cut its price

24% in the last year, against 21% in 2017–19 and 22% across Maine.

2015: 18%’152016: 22%2017: 20%2018: 22%’182019: 23%2020: 20%2021: 20%’212022: 21%2023: 20%2024: 26%’242025: 24%Last 12 months: 24%Now
Prices by type

Since 2019, houses are up 91%, condos 103%

A house typically sold for $254K in the last year (139 sales), a condo for $189K (11).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $106K, 96 salesHouses 2014: $102K, 108 salesHouses 2015: $109K, 103 salesHouses 2016: $105K, 109 salesHouses 2017: $120K, 136 salesHouses 2018: $125K, 159 salesHouses 2019: $133K, 152 salesHouses 2020: $141K, 168 salesHouses 2021: $185K, 159 salesHouses 2022: $212K, 153 salesHouses 2023: $240K, 128 salesHouses 2024: $247K, 133 salesHouses 2025: $253K, 140 salesHouses last 12 months: $254K, 139 salesHouses $254KCondos 2013: $60K, 19 salesCondos 2014: $71K, 15 salesCondos 2015: $88K, 14 salesCondos 2016: $81K, 15 salesCondos 2017: $74K, 22 salesCondos 2018: $102K, 19 salesCondos 2019: $94K, 18 salesCondos 2020: $94K, 16 salesCondos 2021: $109K, 14 salesCondos 2022: $168K, 16 salesCondos 2023: $156K, 13 salesCondos 2024: $201K, 13 salesCondos 2025: $188K, 8 salesCondos last 12 months: $189K, 11 salesCondos $189K

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

Across Maine

Waterville ranks 11th of 32 busy Maine markets for bidding wars

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

Source: Redfin Data Center, city market tracker, January 2012 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 Waterville home costs about $1,596 a month

Mortgage
Property tax
Insurance
Rent

Price: Waterville’s typical sale, last 12 months. Property tax at Waterville’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Waterville is affordable on local pay is on Cost of living.

Before you buy in Waterville

Six things worth knowing

28

New listings in May

The month with the most choice. December has the fewest, about 10.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $247K home, about $3,690 a year.

Taxes vs. neighbors
C−

Schools

The schools grade for Waterville, from test results, graduation and how much students grow.

Schools in Waterville
18 min

Typical commute

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

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

No busy market nearby sells for less a square foot; Oakland, Hallowell and Farmingdale for far more

The busier markets within 25 miles of Waterville, 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
Augusta240$282K$18332%48
Waterville191$247K$15937%53
Winslow77$286K$18734%67
Hallowell45$468K$22436%82
Oakland28$319K$21129%43
Winthrop27$429K$19741%55
Farmingdale23$326K$20530%49

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 Waterville, free

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

Questions about buying a home in Waterville

What do homes sell for in Waterville, ME?

191 homes sold in the year to May 2026 at a typical $247K, $159 a square foot. Houses sold for about $254K, condos for about $189K.

Is Waterville a buyer’s or seller’s market?

A seller’s market: 44 homes were for sale in May 2026 and 17 sold, about 2.6 months of supply. Buyers paid 99.2% of asking on average, and 24% of listings cut their price.

When is the best time to buy in Waterville?

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

How much are property taxes in Waterville?

About 1.5% of a home’s value a year. On a $247K home that’s near $3,690.

Where can I see homes for sale in Waterville?

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

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).