Is Norway, ME 04268 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Norway is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score52/ 100

More competitive than 53% of U.S. ZIP codes, and #59 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 supply4.2Under 4 months = seller’s market
Sold above original list26.1%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$239▲ +31.3% vs. last year

The Norway housing market right now

In the three months ending August 31, 2026, 26% of homes in Norway, ME 04268 sold above their list price, the typical home went under contract in 29 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 32%, homes sold faster (56 days then) and the median sale price rose 9% to $386,733. Overall, Norway is more competitive than a year ago, so tougher for buyers.

Within Oxford County, homes here sell faster than in 72% of the county’s ZIP codes, and sell more often over asking than in 72%. On our competition score, Norway ranks #59 of 105 ME ZIP codes with enough sales (score 52 out of 100).

Nearby, buyers who want less competition could look at Oquossoc 04964 (0% sold over asking) or Peru 04290 (0% sold over asking), while Canton 04221 (100% sold over asking) and Roxbury 04275 (50% sold over asking) are even more competitive.

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 Norway is

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Questions about Norway real estate

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

A balanced market: there were 4.2 months of supply in Norway, ME 04268 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 Norway?

The typical home went under contract in 29 days in the latest three months.

Do homes in Norway sell over asking?

26% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Norway?

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 Norway?

The median sale price was $386,733 in the three months ending August 31, 2026, about $239 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