Cape Elizabeth ME Housing Overview

Cape Elizabeth, just south of Portland, is one of Maine and New England’s most premier communities. Located along the jagged coast of the North Atlantic, the city represents the essence of the state along sandy beaches and cozy inlets. Home prices, sizes, and locations vary, offering an option for just about anyone. Whether you are looking for a pasture-side farmhouse or a classic Cape Cod near the ocean, homes in Cape Elizabeth vary vastly.

Fort Williams Park attracts people throughout the year, offering over 10 acres of land along the Atlantic Ocean. Once an active fort during WWI and WWII, the facility has now been reclaimed and is used by tourist and locals alike seeking a great place to relax under the sun. Portland Headlight, the parks defining characteristic, was commissioned by George Washington in 1787 as the first lighthouse in the United States. Today, visitors add to the buildings reputation as the most photographed lighthouse in the world as they explore the rockbound cliffs throughout. Purchasing real estate in Cape Elizabeth opens many opportunities for a new life at sea.


Cape Elizabeth, ME Real Estate Overview
Year
Sold
Price
2015
203
$373,900
2016
174
$430,000
Change
-14.3%
15.0%
For the year ending 2016 cape elizabeth saw prices rise by 15.0%. The median price in 2016 was $430,000 compared with $430,000 in 2015. For the same time period transaction volume fell by -14.3% with a total of 174 listings selling compared with 203 in 2015.

Cape Elizabeth is located in Greater Portland ME and is a great place to call home. Like most of the region prices have continues to rise as has transaction volume. For example here is a recent SF home in Cape Elizabeth or here is a example of a condo in Cape Elizabeth in Cape Elizabeth. A similar community to explore as well would be to search Cumberland, ME. We hope to continue to help out with all your real estate needs here in ME!

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