Is Minot, ME 04258 a buyer’s or seller’s market?

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

Minot is a seller’s market. With about 3.7 months of supply and 50% 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.

Months of supply3.7Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list100.5%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$208▼ −7.7% vs. last year

The Minot housing market right now

In the three months ending August 31, 2026, 50% of homes in Minot, ME 04258 sold above their list price, the typical home went under contract in 41 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 40%, homes sold more slowly (32 days then) and the median sale price fell 14% to $446,657. Overall, Minot is more competitive than a year ago, so tougher for buyers.

Within Androscoggin County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell more often over asking than in 54%.

Nearby, buyers who want less competition could look at Livermore Falls 04254 (20% sold over asking) or Turner 04282 (32% sold over asking), while Durham 04222 (67% sold over asking) and Leeds 04263 (67% sold over asking) are even more competitive.

Nearby markets

Auburn 04210Balanced $208 /sq ftDurham 04222Seller’s market $301 /sq ftGreene 04236Seller’s market $257 /sq ftLeeds 04263Balanced $252 /sq ft Browse all markets →

Where Minot is

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Questions about Minot real estate

Is Minot a buyer’s or seller’s market?

A seller’s market: there were 3.7 months of supply in Minot, ME 04258 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 Minot?

The typical home went under contract in 41 days in the latest three months.

Do homes in Minot sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 100.5% of the list price.

What are property taxes in Minot?

About 1.16% of a home’s value a year in Androscoggin County, or roughly $4,640 on a $400,000 home.

What is the median home price in Minot?

The median sale price was $446,657 in the three months ending August 31, 2026, about $208 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