Comprehensive market data and analysis• Updated Dec 2025
9.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 5 | 7 |
| 1-2 acres | - | 1 | 1 | 4 |
| 2-5 acres | - | 1 | 1 | 4 |
| 5-10 acres | 1 | 1 | 1 | 3 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 4 | 10 | 20 |
Acreage buckets
The median price for land in Wells, Maine is currently $107K per acre. For a typical parcel, the median sale price is $170K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $112K while premium lots reached $467K.
Wells, Maine is currently a buyer's market with 9.8 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 24.5% year-over-year.
Wells, Maine currently has 9.8 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The current absorption rate in Wells, Maine is 10.3% (3-month basis), indicating moderate demand. With appreciating values (+24.5% YoY), the market shows growth potential. The top-performing broker in this market is Coldwell Banker Realty.
Land in Wells, Maine averages $772K per acre. The median price per acre is $107K, which may be more representative of typical transactions. Most parcels sold are around 1.4 acres.
The 3-month absorption rate in Wells, Maine is 10.3%. The 12-month rate is 12.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
There are currently 13 active listings in Wells, Maine. The median asking price is $430K.
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.
