Why Live in Waterville
Waterville, ME, a college town on the Kennebec River, blends historical charm with modern revitalization. The presence of Colby College and Thomas College infuses the town with a vibrant academic atmosphere. Main Street has seen significant investment, including a $200 million contribution from Colby College, leading to the conversion of the old Lockwood Mill into multi-family units and the expansion of sidewalks for open-air dining. The town's housing options are diverse, ranging from large colonial homes to classic Cape Cods and ranches, often set on tree-lined lots. Seasonal activities abound, with the Belgrade Lakes just 20 minutes away offering beaches, kayaking, and canoeing. The North Street Recreation Area provides a playground, trails, athletic facilities, and a pool with a water park, making it a hub for family-friendly activities. Waterville's Main Street is a culinary hotspot with cafes, pubs, bakeries, and restaurants like Amici’s, known for its authentic Italian cuisine. Retail options are plentiful with shopping centers like Elm Plaza housing large stores such as Walmart and Hannaford. Commuting is facilitated by U.S. Route 201 and Interstate 95, making downtown Augusta accessible in under 20 miles. Waterville has a crime rate lower than 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 17 days on the market compared to the national average of 70 days. The median sale price for homes in Waterville, ME over the last 12 months is $268,000, down 17% from the median home sale price over the previous 12 months.
Median Sale Price
$268,000
Median Single Family Sale Price
$202,000
Median 2 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$140
Number of Homes for Sale
2
Last 12 months Home Sales
10
Median List Price
$275,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-17%