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USAMaineRichmond

Richmond, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
2
Median Price
$125K
Market Condition
Very Hot Seller's Market

Richmond, Maine Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$125K
Avg Price/Acre
$12K
Avg Days on Market
9
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres------
1-2 acres------
2-5 acres------
5-10 acres-11112
10-20 acres--1112
20-50 acres------
50-100 acres------
100+ acres------
TOTAL012224
📊 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
5-10 acres1 sold / 0 listed
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$68K$135K
5- 10
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$250K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
9
Time to sell
Price Trend (YoY)
-
Year over year

Richmond, Maine Land Market Analysis

How much is land worth in Richmond, Maine?

The median price for land in Richmond, Maine is currently $12K per acre. For a typical parcel, the median sale price is $125K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $117K while premium lots reached $133K.

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

Land in Richmond, Maine averages $12K per acre. The median price per acre is $12K, which may be more representative of typical transactions. Most parcels sold are around 10.5 acres.

What is the median land price in Richmond, Maine?

The median land price in Richmond, Maine stands at $125K. This translates to roughly $12K per acre for the typical parcel size.

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

The current absorption rate in Richmond, Maine is 100.0% (3-month basis), indicating strong demand. The top-performing broker in this market is King + Miller Real Estate.

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

Land in Richmond, Maine typically sells within 9 days of listing. The median time on market is 9 days. Properties are moving quickly in the current very hot seller's market.

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

Over the past 12 months, Richmond, Maine saw 2 properties sold, totaling $250K in sales volume. In just the last 3 months, 1 properties changed hands.

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

The 3-month absorption rate in Richmond, Maine is 100.0%. The 12-month rate is 100.0%. 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.

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