Is Falmouth, ME 04105 a buyer’s or seller’s market?

The Falmouth housing market right now

In the three months ending August 31, 2026, 35% of homes in Falmouth, ME 04105 sold above their list price, the typical home went under contract in 43 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 68 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold more slowly (36 days then) and the median sale price fell 4% to $939,593. Overall, Falmouth is less competitive than a year ago, which gives buyers more room.

Within Cumberland County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 59%. On our competition score, Falmouth ranks #33 of 105 ME ZIP codes with enough sales (score 67 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.