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Old Orchard Beach Maine Real Estate

Search for All Old Orchard Beach Homes for Sale - Community Profile

For over 100 years Old Orchard Beach has remained high on the list of most popular summer resorts on the East Coast. With its seven miles of fine sand beaches, seaside amusement park, family and fine dining restaurants, numerous lodging options (including hotels, motels, bed & breakfasts and family campgrounds), and 396 foot pier boasting over 20 shops and boutiques, Old Orchard Beach continues to attract tourists from all over the United States, Canada and abroad. 

Old Orchard Beach, Maine

Located just south of Scarborough Old Orchard Beach starts at Pine Point Beach in Scarborough, and ends at Camp Ellis where the Saco River flows into the Atlantic Ocean. Old Orchard Beach’s 9,000 residents enjoy a friendly small town atmosphere and the convenience of municipal services normally associated with larger cities.

Beachfront Community

The cities of Biddeford, Saco and Scarborough are immediate neighbors, offering a variety of services and shopping. The Southern Maine Medical Center in Biddeford provides quality medical care for the region. In nearby Prout's Neck is the Winslow Homer studio where the artist worked at the turn of the century.

New England's largest salt marsh is off Route 9 in nearby Scarborough providing guided walks and canoe tours. A few miles north is Portland, Maine's largest city, with a full array of stores, shops, and dozens of galleries and restaurants. The Old Port is a showcase for artists, musicians, actors and craftsmen, and its waterfront has bloomed into a business and shopping destination.

Old Orchard Beach is part of the RUS 23 school system, which includes Saco and Dayton.  Annual expenditures per student are $7,270 compared to a national average of $5,691.  The student/teacher ratio is 11.5.

Old Orchard Beach Real Estate

Unlike most communities in Maine, condo sales in Old Orchard Beach represent over 50% of all real estate sales annually. In 2013 homes dramatically exceeded prior year sales results as 90 homes were sold.  This was the single highest sales volume of any year.  Pricing was also up as the median price of $212,450 increased 28.5%; well above the state average and the highest in Old Orchard since 2007.

Condo sales of 100 represented a 9.1% decrease from 2012.  Pricing, however, improved 11.9%.  High inventory levels resulted in longer days on market.  The median DOM of 86 days was one of the highest in southern Maine, and exceeded levels in Cumberland and York Counties.  In the second half of 2012 condo inventory levels approached a twelve months supply, thus providing buyers with many choices.


2013 Old Orchard Real Estate Sales & Prices


# of

Sold Price
Median     |     Average

Days on Mkt
Med  |  Avg
 % of
 Homes 90
 $212,450$242,987 69
125 97.7
 Condos 100  $212,750$226,117 86
 129 95.9
 Multi  10 $198,450$301,000 65
  90 96.8
 Land  7 $60,000$76,107 10 34 92.3

Across the state of Maine single family home sales were up 13.6% in 2013 versus 2012.  Pricing also was up 2.9%, reflecting a two year trend of stabilization and overall market improvement. York County sales improved 17.8%, while prices improved 2.3% (compared to 7.1% in Cumberland County).

Old Orchard Beach is one of the most desirable locations in the greater Portland area. It is well known for its schools, ocean access, business climate and attractive neighborhoods. Direct waterfront along the Foreside is possible, but can be very expensive. However, unlike previous years, traditional colonial style homes in the middle 300’s and 400’s are available in both subdivisions and newly developed communities.

2014 Compared to 2013 - YTD Sales Results

The Old Orchard Beach real estate market, like all markets across the country, is affected by many factors.  It is a relatively small market, yet one of the higher-priced markets in Southern Maine. As a result, often month-to-month results yield wide fluctuations.  Reviewing sales data on a YTD comparion attempts to moderate the affects of seasonality, cyclicality, unusual high-end sales and macroeconomics. 


2014 vs 2013 Sales - YTD Results Through December


Median Prices YTD
2014       |       2013
 Unit Sales YTD
2014  |  2013


 Homes $199,000$212,450  107 90 59
 Condo $195,000$215,700
  113 100 74
All housing data has been compiled from research by Maine Home Connection using information from the Maine Real Estate Information System (MREIS).

 Old Orchard Beach Sales

Single Famliy Homes

2013 Graphs-OOB Sales

2013 Graphs-OOB Prices

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