Is Denmark, ME 04022 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Denmark is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$409▲ +49.4% vs. last year

The Denmark housing market right now

In the three months ending August 31, 2026, 14% of homes in Denmark, ME 04022 sold above their list price, the typical home went under contract in 37 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (74 days then) and the median sale price rose 66% to $584,747. Overall, Denmark is less competitive than a year ago, which gives buyers more room.

Within Oxford County, homes here sell faster than in 62% of the county’s ZIP codes, and sell less often over asking than in 55%.

Nearby, buyers who want less competition could look at Oquossoc 04964 (0% sold over asking) or Peru 04290 (0% sold over asking), while Canton 04221 (100% sold over asking) and Roxbury 04275 (50% sold over asking) are even more competitive.

Nearby markets

Andover 04216Buyer’s market $219 /sq ftBethel 04217Buyer’s market $274 /sq ftBrownfield 04010Balanced $265 /sq ftBryant Pond 04219Buyer’s market $296 /sq ft Browse all markets →

Where Denmark is

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Questions about Denmark real estate

Is Denmark a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Denmark, ME 04022 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Denmark?

The typical home went under contract in 37 days in the latest three months.

Do homes in Denmark sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in Denmark?

About 0.99% of a home’s value a year in Oxford County, or roughly $3,960 on a $400,000 home.

What is the median home price in Denmark?

The median sale price was $584,747 in the three months ending August 31, 2026, about $409 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology