Thinking about buying a home in Belfast this year? The numbers can feel confusing when different websites show different prices and timelines. You want clear expectations so you can move with confidence and avoid overpaying. In this snapshot, you’ll see current prices, inventory patterns, competition levels, and practical steps to help you win in Belfast and greater Waldo County. Let’s dive in.
What the numbers say now
- Typical home value in Belfast: $370,161 (Zillow ZHVI, data through Jan 31, 2026).
- Belfast median listing price: $595,000 with about 44 active listings and 134 days on market (Realtor.com, Dec 2025).
- Redfin’s recent sales window shows a Belfast median sale price near $318,000, median days on market around 83.5 days, and a “somewhat competitive” market (most recent snapshot).
- Waldo County overall: median listing price $449,900, about 375 active listings, 98 days on market, and average sale-to-list near 96% (Realtor.com, Dec 2025).
- Zillow’s listing snapshot shows 29 active Belfast listings and a median list near $558,333 (Zillow, Jan 31, 2026).
Why sources differ
These snapshots measure different things. Zillow’s ZHVI is a modeled “typical value,” Realtor.com shows listing medians, and Redfin often reports recent sale medians. Belfast is a small market with low monthly sales, so one or two outlier closings can shift medians quickly. Treat these as date-stamped snapshots, not forecasts, and plan your strategy around fresh, local MLS data when you are ready to write an offer.
Inventory and timing
Inventory inside Belfast is small. Recent reads show 29 to 44 active listings in the city, while Waldo County shows a much larger pool near 375 (Zillow and Realtor.com snapshots cited above). More county-level choice can help you if you are open to nearby towns.
Seasonality matters. In Midcoast Maine, spring into early summer is the busiest stretch. Industry analysis places the week of mid-April as a historically strong listing window, and you can expect more new listings and more showings from April through July. You will likely see the most options in that window, but well-priced, move-in-ready homes will also draw the most attention.
If you want quieter negotiations, look slightly outside peak weeks, or consider homes that need updates. Selection may be narrower, but sellers can be more flexible, especially if days on market begin to stretch.
Price tiers in Belfast
Use these tiers as practical guideposts, with examples from recent activity. Because Belfast is small, these are “typical observed ranges,” not hard rules.
- Entry and low end: Under ~$200,000. Often small homes, mobile or lot sales, or properties that need major work. Example: a recent Belfast sale printed around $108,500 (Jan 20, 2026; Redfin feed).
- Lower mid: ~$200,000–$350,000. Many modest single-family homes and older in-town properties trade here. Examples: 28 Charles St at $318,000 (Jan 30, 2026) and 159 Waldo Ave at $340,000 (Jan 29, 2026) from recent solds.
- Mid market: ~$350,000–$600,000. Renovated singles, larger lots, and some historic homes. The $595,000 Belfast median listing price points to many actives in this band (Realtor.com, Dec 2025). Example: 388 High St listed at $595,000 (MaineListings source via Realtor).
- Upper tier and waterfront: $600,000–$2M+. Waterfront houses, large renovated historic homes, island and coastal parcels. The area sees seven-figure transactions, including recent land sales around $1.1M (Redfin feed, Feb 2026).
Tip: Confirm current comps with an MLS pull for Belfast (04915) before you make an offer. Small-sample markets move in steps, not smooth curves.
How competitive to expect offers
Belfast reads somewhat competitive rather than red-hot. Waldo County data show average sale prices close to 96% of list (Realtor.com, Dec 2025). Redfin’s recent windows also show many sales a few percent below ask. That means value opportunities exist, but well-priced, turnkey listings still draw attention.
Timelines vary. Depending on property type and financing, expect weeks to a few months between listing and closing. A typical financed purchase often closes in about 30 to 45 days once under contract. Jumbo or more complex loans can take 45 to 60 days. Cash can close faster, sometimes 7 to 14 days, if all parties are ready.
Buyer checklist to move fast
- Get a full, current pre-approval, not just a pre-qual. Sellers often ask for it with your offer.
- Be ready to act on standout listings. Plan your earnest money, inspection timeline, and preferred closing date in advance.
- Use contingencies wisely. In slower segments you may keep inspection and appraisal protections without losing the deal. In hotter segments, discuss targeted ways to stay competitive without taking on unsafe risk.
- For higher-value or waterfront homes, plan for larger down payments and longer underwriting. A jumbo-experienced lender can keep you on track. For context on jumbo limits and timing, see this overview from AmeriSave about jumbo loan limits.
Belfast vs nearby towns
On listing medians (Realtor.com, Dec 2025):
- Lincolnville: $775,000
- Islesboro: $692,500
- Northport: $662,000
- Belfast: $595,000
- Stockton Springs: $565,000
- Searsport: $424,750
Belfast sits between higher-price coastal villages and more affordable nearby ports. Buyers often weigh waterfront access, historic housing stock, year-round services, and commute. Expect different offer strategies across towns. For example, Camden commonly trends more competitive than Belfast in Redfin’s Compete Scores, which can change how aggressive you need to be.
Local supply signals to watch
MaineHousing has financed recent rounds of affordable and senior housing projects, including Belfast. Added rental supply can ease pressure on the for-sale market over time as households move and make different choices. You can read about the funding announcement in this Sun Journal report on new affordable apartments in Maine. Timelines and specific projects evolve, so check current local updates when you are ready to buy.
Method notes to keep perspective
- Belfast is a small-sample market. A few closings can swing medians each month.
- Providers use different methods. Zillow tracks a modeled value index and listing feeds, Realtor.com shows listing medians, and Redfin often reports recent sale medians and competition scores.
- The MLS is the authority for up-to-the-minute Belfast numbers. Before you submit an offer, ask for a fresh, date-stamped MLS summary for 04915 that covers active counts, days on market, and 12-month sale medians.
Next steps
If you are relocating, shopping for a second home, or moving up within Midcoast Maine, you deserve clear guidance and a calm, step-by-step plan. We pair neighborhood insight with practical construction know-how so you can act with confidence when the right home appears. Ready to talk strategy, price bands, and timing tailored to you? Start your search with The Uhll Group at Legacy Properties Sotheby's International Realty.
FAQs
What is the current median listing price in Belfast, ME?
- Realtor.com reports a median listing price of $595,000 for Belfast in Dec 2025; confirm the latest figure with a current MLS pull before you offer.
How fast are homes selling in Belfast right now?
- Recent dashboards show median days on market ranging from about 83.5 days to 134 days depending on source and method; expect weeks to a few months.
When is the best time to buy in Belfast?
- Spring and early summer bring the most new listings and showings, while off-peak months can offer more negotiating room on homes that need updates.
What price range fits a typical single-family home in Belfast?
- Many in-town resales trade in the $200,000–$350,000 band, while updated or larger homes often sit in the $350,000–$600,000 range.
Are multiple offers common in Belfast?
- The market is somewhat competitive; many sales close a few percent below list, but well-priced, move-in-ready homes can still draw strong interest.
How long does closing take in Maine if I finance?
- Once under contract, most financed purchases close in about 30 to 45 days; cash can be faster if all parties are ready.
How does Belfast compare with nearby towns on price?
- Belfast’s median listing price sits between higher-price spots like Lincolnville and more affordable towns like Searsport based on Dec 2025 medians.
