Is Lovell, ME 04051 a buyer’s or seller’s market?

The Lovell housing market right now

In the three months ending August 31, 2026, 17% of homes in Lovell, ME 04051 sold above their list price, the typical home went under contract in 44 days and there were 9.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (599 days then) and the median sale price fell 63% to $649,719. Overall, Lovell is more competitive than a year ago, so tougher for buyers.

Within Oxford County, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell more 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.