Is Orrs Island, ME 04066 a buyer’s or seller’s market?

The Orrs Island housing market right now

In the three months ending August 31, 2026, 60% of homes in Orrs Island, ME 04066 sold above their list price, the typical home went under contract in 14 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 33%, homes sold faster (36 days then) and the median sale price fell 50% to $398,827. Overall, Orrs Island is more competitive than a year ago, so tougher for buyers.

Within Cumberland County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 89%.

Nearby, buyers who want less competition could look at Portland 04109 (0% sold over asking) or Peaks Island 04108 (0% sold over asking), while Chebeague Island 04017 (67% sold over asking) and Gorham 04038 (63% sold over asking) are even more competitive.