Why Live in Waterville
Waterville is a college town situated along the Kennebec River, known for its revitalized Main Street and historical architecture. The presence of Colby College and Thomas College contributes to the town's academic atmosphere, while ongoing efforts to boost the local economy have led to significant investments in Main Street, including the conversion of the old Lockwood Mill into multi-family units and the widening of sidewalks for open-air dining. Housing styles in Waterville are diverse, ranging from large colonials to Cape Cods and ranches, with mature trees lining the lots. The town's population is modest at 16,000, and the local median home price is significantly below the national average. Seasonal activities are abundant, with kayaking and canoeing on the Kennebec River and visits to the nearby Belgrade Lakes. The North Street Recreation Area offers a playground, trails, athletic facilities, and a pool with a water park, while the Waterville Dog Park provides a space for pet owners. Main Street is home to cozy eateries, cafes, pubs, and bakeries, and Elm Plaza features big-box stores like Walmart and Hannaford. Commuting is facilitated by U.S. Route 201 and Interstate 95, making downtown Augusta accessible in less than 20 miles. Waterville has a slightly lower crime rate compared to the national average, with property crimes being more common than violent crimes.
Home Trends in Waterville, ME
On average, homes in Waterville, ME sell after 27 days on the market compared to the national average of 50 days. The median sale price for homes in Waterville, ME over the last 12 months is $250,500, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$250,500
Median Single Family Sale Price
$259,000
Median Townhouse Sale Price
$225,000
Median 2 Bedroom Sale Price
$170,000
Average Price Per Sq Ft
$164
Number of Homes for Sale
27
Last 12 months Home Sales
150
Median List Price
$250,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%