Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 1 | 2 | 2 | 5 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 4 | 7 |
Acreage buckets
The median price for land in Hope, Maine is currently $20K per acre. For a typical parcel, the median sale price is $100K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $59K while premium lots reached $348K.
Hope, Maine is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 63.5% year-over-year.
Hope, Maine currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The current absorption rate in Hope, Maine is 33.3% (3-month basis), indicating strong demand. With depreciating values (-63.5% YoY), buyers may find value opportunities. The top-performing broker in this market is Camden Real Estate Company.
Land in Hope, Maine typically sells within 73 days of listing. The median time on market is 92 days. Properties are moving at a moderate pace in the current seller's market.
Land in Hope, Maine averages $23K per acre. The median price per acre is $20K, which may be more representative of typical transactions. Most parcels sold are around 4.4 acres.
The 3-month absorption rate in Hope, Maine is 33.3%. The 12-month rate is 29.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.
