Why Live in Bridgton
Bridgton is a small Maine town known for its recreational lakes, ski resort, and eclectic downtown. The area is popular among vacationers and permanent residents alike, with year-round activities such as swimming, boating, and winter sports at Pleasant Mountain Ski Area. The town's ten lakes, including Long Lake and nearby Sebago Lake, offer public access for various water activities. Bridgton hosts several community events, including the annual Fourth of July celebration and the Maine Lake Winter Carnival at Highland Lake, which features ice fishing and a chili eating contest. The Bridgton Farmers Market operates year-round, selling local produce and handmade items. Downtown Bridgton is home to unique shops like Bridgton Books and Bridgton Antiques, and dining options such as Beth’s Kitchen Cafe. Housing styles in Bridgton include farmhouses, saltboxes, and log cabins, with homes ranging from modest to luxurious. The town has about 5,000 permanent residents, swelling to 15,000 in the summer. Students attend the Lake Region School District, though Bridgton Academy, a highly rated private boarding school, is also an option. Bridgton is located less than 40 miles from Portland and 23 miles from Conway, with Bridgton Hospital providing local healthcare services. The area is largely car-dependent, but a bus line connects Bridgton to the Portland Metro bus station hub.
Frequently Asked Questions
What is the average home price in Bridgton, ME?
Homes for sale in Bridgton, ME have an average home price of $546,597.
Are home prices dropping in Bridgton?
Yes, home prices in Bridgton are down 4% in the last 12 months.
How many homes have sold over the last 12 months in Bridgton, ME?
133 homes have sold in Bridgton, ME over the last 12 months.
What are the most popular zip codes in Bridgton, ME?
How much do you need to make to afford a house in Bridgton?
The median home price in Bridgton is $474,900. If you put a 20% down payment of $95,000 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,470 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $106K a year to afford the median home price in Bridgton.
How are the schools in Bridgton, ME?
Home Trends in Bridgton, ME
On average, homes in Bridgton, ME sell after 34 days on the market compared to the national average of 50 days. The median sale price for homes in Bridgton, ME over the last 12 months is $399,900, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$399,900
Median Single Family Sale Price
$427,500
Median 2 Bedroom Sale Price
$525,500
Median 1 Bedroom Sale Price
$394,000
Average Price Per Sq Ft
$317
Number of Homes for Sale
49
Last 12 months Home Sales
133
Median List Price
$474,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%
