Is Newry, ME 04261 a buyer’s or seller’s market?
Newry is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 3% of U.S. ZIP codes, and #102 of 103 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 July 31, 2026. See the breakdown
The Newry housing market right now
In the three months ending August 31, 2026, 0% of homes in Newry, ME 04261 sold above their list price, the typical home went under contract in 77 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (151 days then) and the median sale price fell 10% to $707,194. Overall, Newry is more competitive than a year ago, so tougher for buyers.
Within Oxford County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Canton 04221 (100% sold over asking) and Roxbury 04275 (50% sold over asking) are even more competitive.
Run the numbers for 04261
Nearby markets
Andover 04216Buyer’s market $219 /sq ftBethel 04217Buyer’s market $274 /sq ftBrownfield 04010Balanced $265 /sq ftBryant Pond 04219Buyer’s market $296 /sq ft Browse all markets →Where Newry is
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Questions about Newry real estate
Is Newry a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Newry, ME 04261 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 Newry?
The typical home went under contract in 77 days in the latest three months.
Do homes in Newry sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Newry?
About 0.99% of a home’s value a year in Oxford County, or roughly $3,960 on a $400,000 home.
What is the median home price in Newry?
The median sale price was $707,194 in the three months ending August 31, 2026, about $362 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