Landydandy logo

Pittsfield, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
7
Sold (12M)
11
Median Price
$50K
Market Condition
Seller's Market

Pittsfield, Maine Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$50K
Avg Price/Acre
$8K
Avg Days on Market
83
Months of Supply
3.0
YoY Price Change
+201.7%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres-223
1-2 acres-111
2-5 acres--11
5-10 acres----
10-20 acres-223
20-50 acres-111
50-100 acres1112
100+ acres----
TOTAL17811
📊 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 acres3 sold / 2 listed
1-2 acres1 sold / 0 listed
2-5 acres1 sold / 1 listed
5-10 acres0 sold / 2 listed
10-20 acres3 sold / 2 listed
20-50 acres1 sold / 0 listed
50-100 acres2 sold / 0 listed

Median Price by Acreage

$0$65K$130K
0- 1
1- 2
2- 5
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$706K
Last 12 months
Active Listings
7
Current inventory
Avg Days on Market
83
Time to sell
Price Trend (YoY)
+201.7%
Year over year

Pittsfield, Maine Land Market Analysis

How much is land worth in Pittsfield, Maine?

The median price for land in Pittsfield, Maine is currently $8K per acre. For a typical parcel, the median sale price is $50K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $110K.

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

Pittsfield, Maine is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 201.7% year-over-year.

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

Pittsfield, Maine currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

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

Over the past 12 months, Pittsfield, Maine saw 11 properties sold, totaling $706K in sales volume. In just the last 3 months, 7 properties changed hands.

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

Land in Pittsfield, Maine typically sells within 83 days of listing. The median time on market is 47 days. Properties are moving at a moderate pace in the current seller's market.

What is the median land price in Pittsfield, Maine?

The median land price in Pittsfield, Maine stands at $50K. This translates to roughly $8K per acre for the typical parcel size. The average price is $64K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Pittsfield, Maine?

The 3-month absorption rate in Pittsfield, Maine is 33.3%. The 12-month rate is 13.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

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.

Explore More Land Market Statistics

All States

Maine Counties

Other Cities in Somerset County