Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 2 | 4 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 4 |
Acreage buckets
The median price for land in Morrill, Maine is currently $19K per acre. For a typical parcel, the median sale price is $45K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $40K while premium lots reached $64K.
Morrill, Maine is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Morrill, Maine currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
There are currently 3 active listings in Morrill, Maine. The median asking price is $85K.
Land in Morrill, Maine typically sells within 28 days of listing. The median time on market is 4 days. Properties are moving quickly in the current buyer's market.
Over the past 12 months, Morrill, Maine saw 4 properties sold, totaling $200K in sales volume. In just the last 3 months, 1 properties changed hands.
The current absorption rate in Morrill, Maine is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is Better Homes & Gardens Real Estate/The Masiello Group.
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.
