Landydandy logo

Friendship, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
5
Median Price
$50K
Market Condition
Strong Buyer's Market

Friendship, Maine Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$50K
Avg Price/Acre
$28K
Avg Days on Market
72
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres--11
2-5 acres---3
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0015
📊 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 acres0 sold / 1 listed
1-2 acres1 sold / 0 listed
2-5 acres3 sold / 0 listed
5-10 acres1 sold / 0 listed
20-50 acres0 sold / 1 listed

Median Price by Acreage

$0$93K$185K
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$545K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
72
Time to sell
Price Trend (YoY)
-
Year over year

Friendship, Maine Land Market Analysis

How much is land worth in Friendship, Maine?

The median price for land in Friendship, Maine is currently $28K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $42K while premium lots reached $209K.

What is the absorption rate for land in Friendship, Maine?

The 12-month rate is 20.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Friendship, Maine?

The median land price in Friendship, Maine stands at $50K. This translates to roughly $28K per acre for the typical parcel size. The average price is $109K, indicating some higher-priced properties pulling up the average.

Is now a good time to invest in land in Friendship, Maine?

The top-performing broker in this market is Lone Pine Real Estate Company.

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

Land in Friendship, Maine averages $39K per acre. The median price per acre is $28K, which may be more representative of typical transactions. Most parcels sold are around 2.5 acres.

How long does it take to sell land in Friendship, Maine?

Land in Friendship, Maine typically sells within 72 days of listing. The median time on market is 73 days. Properties are moving at a moderate pace in the current strong buyer's market.

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

Over the past 12 months, Friendship, Maine saw 5 properties sold, totaling $545K in sales volume.

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.

Explore More Land Market Statistics

All States

Maine Counties

Other Cities in Knox County