Comprehensive market data and analysis• Updated Dec 2025
2.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 2 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | 3 | 7 | 11 |
| 20-50 acres | 1 | 5 | 8 | 17 |
| 50-100 acres | - | 1 | 2 | 8 |
| 100+ acres | - | 2 | 2 | 3 |
| TOTAL | 1 | 12 | 20 | 44 |
Acreage buckets
The median price for land in Springfield, Maine is currently $1K per acre. For a typical parcel, the median sale price is $44K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $28K while premium lots reached $103K.
Springfield, Maine is currently a very hot seller's market with 2.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have decreased 32.0% year-over-year.
Springfield, Maine currently has 2.5 months of inventory supply. This indicates a very hot seller's market. Low supply means competition for available properties is high.
Over the past 12 months, Springfield, Maine saw 44 properties sold, totaling $2.7M in sales volume. In just the last 3 months, 12 properties changed hands.
There are currently 10 active listings in Springfield, Maine. The median asking price is $122K.
Land in Springfield, Maine typically sells within 65 days of listing. The median time on market is 37 days. Properties are moving at a moderate pace in the current very hot seller's market.
The current absorption rate in Springfield, Maine is 40.0% (3-month basis), indicating strong demand. With depreciating values (-32.0% YoY), buyers may find value opportunities. The top-performing broker in this market is Acres Away, Inc..
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.
