Comprehensive market data and analysis• Updated Dec 2025
7.3 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 7 | 12 |
| 1-2 acres | 3 | 6 | 16 | 24 |
| 2-5 acres | - | 9 | 18 | 24 |
| 5-10 acres | 4 | 8 | 18 | 35 |
| 10-20 acres | 1 | 7 | 12 | 21 |
| 20-50 acres | 2 | 11 | 14 | 22 |
| 50-100 acres | 1 | 4 | 7 | 14 |
| 100+ acres | 1 | 3 | 5 | 8 |
| TOTAL | 12 | 52 | 97 | 160 |
Acreage buckets
The median price for land in Somerset County, Maine is currently $8K per acre. For a typical parcel, the median sale price is $54K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $25K while premium lots reached $148K.
Somerset County, Maine is currently a balanced market with 7.3 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 9.3% year-over-year.
Somerset County, Maine currently has 7.3 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Somerset County, Maine typically sells within 80 days of listing. The median time on market is 40 days. Properties are moving at a moderate pace in the current balanced market.
The current absorption rate in Somerset County, Maine is 13.8% (3-month basis), indicating moderate demand. With depreciating values (-9.3% YoY), buyers may find value opportunities. The top-performing broker in this market is Whittemore's Real Estate.
There are currently 126 active listings in Somerset County, Maine. The median asking price is $63K.
Land in Somerset County, Maine averages $22K per acre. The median price per acre is $8K, which may be more representative of typical transactions. Most parcels sold are around 6.5 acres.
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.
