Comprehensive market data and analysis• Updated Oct 2026
9.6 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 2 | 5 |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | 3 | 4 | 6 | 10 |
| 5-10 acres | - | 1 | 3 | 5 |
| 10-20 acres | - | - | 1 | 3 |
| 20-50 acres | 1 | 2 | 3 | 5 |
| 50-100 acres | - | 2 | 2 | 3 |
| 100+ acres | - | - | - | - |
| TOTAL | 4 | 10 | 18 | 33 |
Acreage buckets
The median price for land in Farmington, Maine is currently $9K per acre. For a typical parcel, the median sale price is $43K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $109K.
Farmington, Maine is currently a buyer's market with 9.6 months of supply. Buyers have more negotiating power and can take time to find the right property.
Farmington, Maine currently has 9.6 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Farmington, Maine is 10.4%. The 12-month rate is 8.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Farmington, Maine stands at $43K. This translates to roughly $9K per acre for the typical parcel size. The average price is $55K, indicating some higher-priced properties pulling up the average.
Land in Farmington, Maine typically sells within 119 days of listing. The median time on market is 55 days. Properties are moving at a moderate pace in the current buyer's market.
Over the past 12 months, Farmington, Maine saw 33 properties sold, totaling $1.8M in sales volume. In just the last 3 months, 10 properties changed hands.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Farmington on LandyDandy.
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