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Cherryfield, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
7
Sold (12M)
14
Median Price
$48K
Market Condition
Buyer's Market

Cherryfield, Maine Market Meter

Buyer'sSeller's
Buyer's Market

10.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$48K
Avg Price/Acre
$3K
Avg Days on Market
77
Months of Supply
10.5
YoY Price Change
+678.9%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--12
1-2 acres----
2-5 acres----
5-10 acres---1
10-20 acres1124
20-50 acres-135
50-100 acres---2
100+ acres----
TOTAL12614
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres2 sold / 0 listed
1-2 acres0 sold / 1 listed
5-10 acres1 sold / 0 listed
10-20 acres4 sold / 2 listed
20-50 acres5 sold / 4 listed
50-100 acres2 sold / 0 listed

Median Price by Acreage

$0$65K$130K
0- 1
5- 10
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.1M
Last 12 months
Active Listings
7
Current inventory
Avg Days on Market
77
Time to sell
Price Trend (YoY)
+678.9%
Year over year

Cherryfield, Maine Land Market Analysis

How much is land worth in Cherryfield, Maine?

The median price for land in Cherryfield, Maine is currently $3K per acre. For a typical parcel, the median sale price is $48K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $16K while premium lots reached $159K.

Is now a good time to buy land in Cherryfield, Maine?

Cherryfield, Maine is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 678.9% year-over-year.

What is the months of supply for land in Cherryfield, Maine?

Cherryfield, Maine currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

What is the median land price in Cherryfield, Maine?

The median land price in Cherryfield, Maine stands at $48K. This translates to roughly $3K per acre for the typical parcel size. The average price is $79K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Cherryfield, Maine?

Land in Cherryfield, Maine averages $6K per acre. The median price per acre is $3K, which may be more representative of typical transactions. Most parcels sold are around 19.3 acres.

What is the total amount sold in Cherryfield, Maine last year?

Over the past 12 months, Cherryfield, Maine saw 14 properties sold, totaling $1.1M in sales volume. In just the last 3 months, 2 properties changed hands.

What is the total land for sale in Cherryfield, Maine?

There are currently 7 active listings in Cherryfield, Maine. The median asking price is $70K.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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