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USAMaineNew Gloucester

New Gloucester, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Oct 2026

Active Listings
3
Sold (12M)
2
Median Price
$168K
Market Condition
Strong Buyer's Market

New Gloucester, 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
$168K
Avg Price/Acre
$66K
Avg Days on Market
107
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres------
1-2 acres------
2-5 acres---2512
5-10 acres--1114
10-20 acres----12
20-50 acres------
50-100 acres------
100+ acres------
TOTAL0013718
📊 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
2-5 acres2 sold / 0 listed
5-10 acres1 sold / 0 listed
10-20 acres0 sold / 1 listed
20-50 acres0 sold / 2 listed
50-100 acres0 sold / 1 listed

Median Price by Acreage

$0$84K$168K
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$335K
Last 12 months
Active Listings
3
Current inventory
Avg Days on Market
107
Time to sell
Price Trend (YoY)
-
Year over year

New Gloucester, Maine Land Market Analysis

How much is land worth in New Gloucester, Maine?

The median price for land in New Gloucester, Maine is currently $66K per acre. For a typical parcel, the median sale price is $168K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $154K while premium lots reached $182K.

What is the average price per acre in New Gloucester, Maine?

Land in New Gloucester, Maine averages $66K per acre. The median price per acre is $66K, which may be more representative of typical transactions. Most parcels sold are around 2.9 acres.

What is the median land price in New Gloucester, Maine?

The median land price in New Gloucester, Maine stands at $168K. This translates to roughly $66K per acre for the typical parcel size.

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

The top-performing broker in this market is Keller Williams Realty.

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

Over the past 12 months, New Gloucester, Maine saw 2 properties sold, totaling $335K in sales volume.

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

Land in New Gloucester, Maine typically sells within 107 days of listing. The median time on market is 107 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the absorption rate for land in New Gloucester, Maine?

The 12-month rate is 5.6%. 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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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Maine Counties

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Other Cities in Cumberland County

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