Is Parsonsfield, ME 04047 a buyer’s or seller’s market?
Parsonsfield is a seller’s market. With about 3.9 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Parsonsfield housing market right now
In the three months ending August 31, 2026, 33% of homes in Parsonsfield, ME 04047 sold above their list price, the typical home went under contract in 5 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 40%, homes sold faster (20 days then) and the median sale price rose 3% to $384,833. Overall, Parsonsfield is about as competitive as it was a year ago.
Within York County, homes here sell faster than in 97% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Ocean Park 04063 (0% sold over asking) or Biddeford Pool 04006 (0% sold over asking), while East Waterboro 04030 (64% sold over asking) and Buxton 04093 (64% sold over asking) are even more competitive.
Run the numbers for 04047
Nearby markets
Acton 04001Seller’s market $388 /sq ftAlfred 04002Seller’s market $293 /sq ftBerwick 03901Seller’s market $261 /sq ftBiddeford 04005Seller’s market $308 /sq ft Browse all markets →Towns like Parsonsfield nearby
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Questions about Parsonsfield real estate
Is Parsonsfield a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Parsonsfield, ME 04047 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 Parsonsfield?
The typical home went under contract in 5 days in the latest three months.
Do homes in Parsonsfield sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Parsonsfield?
About 0.96% of a home’s value a year in York County, or roughly $3,840 on a $400,000 home.
What is the median home price in Parsonsfield?
The median sale price was $384,833 in the three months ending August 31, 2026, about $296 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