Is Farmingdale, ME 04344 a buyer’s or seller’s market?

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

Farmingdale is a seller’s market. With about 2.4 months of supply and 38% 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 supply2.4Under 4 months = seller’s market
Sold above original list37.5%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$245▲ +19.8% vs. last year

The Farmingdale housing market right now

In the three months ending August 31, 2026, 38% of homes in Farmingdale, ME 04344 sold above their list price, the typical home went under contract in 26 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 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 33%, homes sold faster (35 days then) and the median sale price rose 18% to $349,799. Overall, Farmingdale is more competitive than a year ago, so tougher for buyers.

Within Kennebec County, homes here sell faster than in 91% of the county’s ZIP codes, and sell more often over asking than in 78%.

Nearby, buyers who want less competition could look at South Gardiner 04359 (0% sold over asking) or Mount Vernon 04352 (0% sold over asking), while Randolph 04346 (56% sold over asking) and North Monmouth 04265 (50% sold over asking) are even more competitive.

Nearby markets

Albion 04910Buyer’s market $185 /sq ftAugusta 04330Seller’s market $211 /sq ftBelgrade 04917Balanced $238 /sq ftBelgrade Lakes 04918 — /sq ft Browse all markets →

Where Farmingdale is

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Questions about Farmingdale real estate

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

A seller’s market: there were 2.4 months of supply in Farmingdale, ME 04344 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 Farmingdale?

The typical home went under contract in 26 days in the latest three months.

Do homes in Farmingdale sell over asking?

38% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Farmingdale?

About 1.09% of a home’s value a year in Kennebec County, or roughly $4,360 on a $400,000 home.

What is the median home price in Farmingdale?

The median sale price was $349,799 in the three months ending August 31, 2026, about $245 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