Comprehensive market data and analysis• Updated Dec 2025
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | 1 | 2 |
| 2-5 acres | - | 2 | 2 | 3 |
| 5-10 acres | - | - | 1 | 4 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 4 | 11 |
Acreage buckets
The median price for land in Palmyra, Maine is currently $7K per acre. For a typical parcel, the median sale price is $40K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $27K while premium lots reached $78K.
Palmyra, Maine is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Palmyra, Maine currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Palmyra, Maine saw 11 properties sold, totaling $477K in sales volume. In just the last 3 months, 2 properties changed hands.
The median land price in Palmyra, Maine stands at $40K. This translates to roughly $7K per acre for the typical parcel size. The average price is $43K, indicating some higher-priced properties pulling up the average.
There are currently 8 active listings in Palmyra, Maine. The median asking price is $47K.
The 3-month absorption rate in Palmyra, Maine is 8.3%. The 12-month rate is 11.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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.