Is North Yarmouth, ME 04097 a buyer’s or seller’s market?

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

North Yarmouth is a seller’s market. With about 3.2 months of supply and 27% 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.

Competition score65/ 100

More competitive than 68% of U.S. ZIP codes, and #38 of 105 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.2Under 4 months = seller’s market
Sold above original list26.7%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$340▼ −4.8% vs. last year

The North Yarmouth housing market right now

In the three months ending August 31, 2026, 27% of homes in North Yarmouth, ME 04097 sold above their list price, the typical home went under contract in 25 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (54 days then) and the median sale price rose 23% to $784,660. Overall, North Yarmouth is less competitive than a year ago, which gives buyers more room.

Within Cumberland County, homes here sell faster than in 68% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, North Yarmouth ranks #38 of 105 ME ZIP codes with enough sales (score 65 out of 100).

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.

Nearby markets

Bailey Island 04003Buyer’s market $656 /sq ftBridgton 04009Balanced $325 /sq ftBrunswick 04011Seller’s market $301 /sq ftCape Elizabeth 04107Seller’s market $426 /sq ft Browse all markets →

Where North Yarmouth is

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Questions about North Yarmouth real estate

Is North Yarmouth a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in North Yarmouth, ME 04097 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 North Yarmouth?

The typical home went under contract in 25 days in the latest three months.

Do homes in North Yarmouth sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in North Yarmouth?

About 1.04% of a home’s value a year in Cumberland County, or roughly $4,160 on a $400,000 home.

What is the median home price in North Yarmouth?

The median sale price was $784,660 in the three months ending August 31, 2026, about $340 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