Comprehensive market data and analysis• Updated Dec 2025
12.8 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 | 1 |
| 5-10 acres | - | 1 | 2 | 6 |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | 2 | 2 | 2 | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 4 | 6 | 10 |
Acreage buckets
The median price for land in Palermo, Maine is currently $10K per acre. For a typical parcel, the median sale price is $49K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $32K while premium lots reached $148K.
Palermo, Maine is currently a strong buyer's market with 12.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 76.2% year-over-year.
Palermo, Maine currently has 12.8 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
The current absorption rate in Palermo, Maine is 7.8% (3-month basis), indicating slow demand. With depreciating values (-76.2% YoY), buyers may find value opportunities. The top-performing broker in this market is Adams Realty.
Land in Palermo, Maine typically sells within 177 days of listing. The median time on market is 46 days. Properties are moving slowly in the current strong buyer's market.
Land in Palermo, Maine averages $12K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 7.5 acres.
There are currently 17 active listings in Palermo, Maine. The median asking price is $50K.
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.
