Comprehensive market data and analysis• Updated Oct 2026
7.2 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | 2 | 2 | 2 | 3 |
| 5-10 acres | 1 | 2 | 2 | 3 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | 1 | 1 | 2 | 4 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 4 | 5 | 7 | 12 |
Acreage buckets
The median price for land in Palermo, Maine is currently $5K per acre. For a typical parcel, the median sale price is $48K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $35K while premium lots reached $217K.
Palermo, Maine is currently a balanced market with 7.2 months of supply. Conditions favor neither buyers nor sellers significantly.
Palermo, Maine currently has 7.2 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The current absorption rate in Palermo, Maine is 13.9% (3-month basis), indicating moderate demand. The top-performing broker in this market is Adams Realty.
Land in Palermo, Maine typically sells within 64 days of listing. The median time on market is 22 days. Properties are moving at a moderate pace in the current balanced market.
Land in Palermo, Maine averages $7K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 8.6 acres.
There are currently 12 active listings in Palermo, Maine. The median asking price is $43K.
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.
See land for sale and off-market property records in Palermo on LandyDandy.
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