Is Sumner, ME 04292 a buyer’s or seller’s market?
Sumner is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Sumner housing market right now
In the three months ending August 31, 2026, 50% of homes in Sumner, ME 04292 sold above their list price, the typical home went under contract in 39 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (50% then), homes sold faster (95 days then) and the median sale price fell 32% to $211,409. Overall, Sumner is more competitive than a year ago, so tougher for buyers.
Within Oxford County, homes here sell faster than in 52% of the county’s ZIP codes, and sell more often over asking than in 93%.
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) is even more competitive.
Run the numbers for 04292
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 Sumner is
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Questions about Sumner real estate
Is Sumner a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Sumner, ME 04292 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 Sumner?
The typical home went under contract in 39 days in the latest three months.
Do homes in Sumner sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 103.0% of the list price.
What are property taxes in Sumner?
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 Sumner?
The median sale price was $211,409 in the three months ending August 31, 2026, about $224 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