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Hancock, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
13
Sold (12M)
9
Median Price
$57K
Market Condition
Strong Buyer's Market

Hancock, Maine Market Meter

Buyer'sSeller's
Strong Buyer's Market

39.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$57K
Avg Price/Acre
$28K
Avg Days on Market
202
Months of Supply
39.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-111
1-2 acres--12
2-5 acres--15
5-10 acres---1
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0139
📊 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 acres1 sold / 0 listed
1-2 acres2 sold / 9 listed
2-5 acres5 sold / 3 listed
5-10 acres1 sold / 0 listed
10-20 acres0 sold / 1 listed

Median Price by Acreage

$0$35K$70K
0- 1
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$623K
Last 12 months
Active Listings
13
Current inventory
Avg Days on Market
202
Time to sell
Price Trend (YoY)
-
Year over year

Hancock, Maine Land Market Analysis

How much is land worth in Hancock, Maine?

The median price for land in Hancock, Maine is currently $28K per acre. For a typical parcel, the median sale price is $57K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $30K while premium lots reached $99K.

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

Hancock, Maine is currently a strong buyer's market with 39.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Hancock, Maine currently has 39.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

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

Over the past 12 months, Hancock, Maine saw 9 properties sold, totaling $623K in sales volume. In just the last 3 months, 1 properties changed hands.

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

There are currently 13 active listings in Hancock, Maine. The median asking price is $48K.

What is the median land price in Hancock, Maine?

The median land price in Hancock, Maine stands at $57K. This translates to roughly $28K per acre for the typical parcel size. The average price is $69K, indicating some higher-priced properties pulling up the average.

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

The 3-month absorption rate in Hancock, Maine is 2.6%. The 12-month rate is 5.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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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