Comprehensive market data and analysis• Updated Dec 2025
5.8 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 2 | 6 | 7 | 8 |
| 1-2 acres | - | - | 1 | 3 |
| 2-5 acres | 2 | 3 | 4 | 5 |
| 5-10 acres | - | 1 | 2 | 3 |
| 10-20 acres | - | 2 | 2 | 4 |
| 20-50 acres | 1 | 1 | 2 | 4 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | - |
| TOTAL | 5 | 13 | 18 | 29 |
Acreage buckets
The median price for land in Farmington, Maine is currently $13K per acre. For a typical parcel, the median sale price is $50K. 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 $124K.
Farmington, Maine is currently a seller's market with 5.8 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 70.2% year-over-year.
Farmington, Maine currently has 5.8 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Farmington, Maine is 17.3%. The 12-month rate is 9.7%. 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 $50K. This translates to roughly $13K per acre for the typical parcel size. The average price is $64K, indicating some higher-priced properties pulling up the average.
Land in Farmington, Maine typically sells within 159 days of listing. The median time on market is 76 days. Properties are moving slowly in the current seller's market.
Over the past 12 months, Farmington, Maine saw 29 properties sold, totaling $1.9M in sales volume. In just the last 3 months, 13 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. 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.
