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North Monmouth, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$199K
Market Condition
Very Hot Seller's Market

North Monmouth, Maine Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$199K
Avg Price/Acre
$5K
Avg Days on Market
14
Months of Supply
0.0
YoY Price Change
+72.3%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres----
20-50 acres1111
50-100 acres----
100+ acres----
TOTAL1111
📊 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
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$100K$199K
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$199K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
14
Time to sell
Price Trend (YoY)
+72.3%
Year over year

North Monmouth, Maine Land Market Analysis

How much is land worth in North Monmouth, Maine?

The median price for land in North Monmouth, Maine is currently $5K per acre. For a typical parcel, the median sale price is $199K. Recently, the cheapest land sold for $199K while premium lots reached $199K.

What is the absorption rate for land in North Monmouth, Maine?

The 3-month absorption rate in North Monmouth, Maine is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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

Over the past 12 months, North Monmouth, Maine saw 1 properties sold, totaling $199K in sales volume. In just the last 3 months, 1 properties changed hands.

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

Land in North Monmouth, Maine typically sells within 14 days of listing. The median time on market is 14 days. Properties are moving quickly in the current very hot seller's market.

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

The current absorption rate in North Monmouth, Maine is 100.0% (3-month basis), indicating strong demand. With appreciating values (+72.3% YoY), the market shows growth potential. The top-performing broker in this market is www.HomeZu.com.

What is the average price per acre in North Monmouth, Maine?

Land in North Monmouth, Maine averages $5K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 42.3 acres.

What is the median land price in North Monmouth, Maine?

The median land price in North Monmouth, Maine stands at $199K. This translates to roughly $5K per acre for the typical parcel size.

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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