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Parsonsfield, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
9
Sold (12M)
14
Median Price
$90K
Market Condition
Strong Buyer's Market

Parsonsfield, Maine Market Meter

Buyer'sSeller's
Strong Buyer's Market

13.5 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$90K
Avg Price/Acre
$11K
Avg Days on Market
157
Months of Supply
13.5
YoY Price Change
-24.6%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres-----2
1-2 acres------
2-5 acres11551219
5-10 acres---234
10-20 acres---355
20-50 acres--1134
50-100 acres--2224
100+ acres-11111
TOTAL129142639
📊 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
0-1 acres0 sold / 1 listed
2-5 acres5 sold / 1 listed
5-10 acres2 sold / 1 listed
10-20 acres3 sold / 3 listed
20-50 acres1 sold / 2 listed
50-100 acres2 sold / 0 listed
100+ acres1 sold / 1 listed

Median Price by Acreage

$0$105K$210K
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.8M
Last 12 months
Active Listings
9
Current inventory
Avg Days on Market
157
Time to sell
Price Trend (YoY)
-24.6%
Year over year

Parsonsfield, Maine Land Market Analysis

How much is land worth in Parsonsfield, Maine?

The median price for land in Parsonsfield, Maine is currently $11K per acre. For a typical parcel, the median sale price is $90K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $71K while premium lots reached $200K.

Is now a good time to buy land in Parsonsfield, Maine?

Parsonsfield, Maine is currently a strong buyer's market with 13.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 24.6% year-over-year.

What is the months of supply for land in Parsonsfield, Maine?

Parsonsfield, Maine currently has 13.5 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.

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

The current absorption rate in Parsonsfield, Maine is 7.4% (3-month basis), indicating slow demand. With depreciating values (-24.6% YoY), buyers may find value opportunities. The top-performing broker in this market is Real Estate 2000 ME/NH.

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

Land in Parsonsfield, Maine typically sells within 157 days of listing. The median time on market is 110 days. Properties are moving slowly in the current strong buyer's market.

What is the total land for sale in Parsonsfield, Maine?

There are currently 9 active listings in Parsonsfield, Maine. The median asking price is $165K.

What is the average price per acre in Parsonsfield, Maine?

Land in Parsonsfield, Maine averages $15K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 9.6 acres.

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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