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Thorndike, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
3
Sold (12M)
6
Median Price
$65K
Market Condition
Buyer's Market

Thorndike, Maine Market Meter

Buyer'sSeller's
Buyer's Market

9.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$65K
Avg Price/Acre
$10K
Avg Days on Market
76
Months of Supply
9.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres-122
5-10 acres---3
10-20 acres--11
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0136
📊 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
1-2 acres0 sold / 1 listed
2-5 acres2 sold / 0 listed
5-10 acres3 sold / 0 listed
10-20 acres1 sold / 1 listed
20-50 acres0 sold / 1 listed

Median Price by Acreage

$0$35K$70K
2- 5
5- 10
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$375K
Last 12 months
Active Listings
3
Current inventory
Avg Days on Market
76
Time to sell
Price Trend (YoY)
-
Year over year

Thorndike, Maine Land Market Analysis

How much is land worth in Thorndike, Maine?

The median price for land in Thorndike, Maine is currently $10K per acre. For a typical parcel, the median sale price is $65K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $48K while premium lots reached $75K.

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

Thorndike, Maine is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

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

Thorndike, Maine currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.

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

The 3-month absorption rate in Thorndike, Maine is 11.1%. The 12-month rate is 16.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Thorndike, Maine?

The median land price in Thorndike, Maine stands at $65K. This translates to roughly $10K per acre for the typical parcel size. The average price is $63K, showing a fairly consistent market.

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

Land in Thorndike, Maine averages $13K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 7.9 acres.

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

The current absorption rate in Thorndike, Maine is 11.1% (3-month basis), indicating moderate demand. The top-performing broker in this market is American Realty Company.

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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