Is Jefferson, ME 04348 a buyer’s or seller’s market?
Jefferson is a seller’s market. With about 3.7 months of supply and 0% 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.
More competitive than 7% of U.S. ZIP codes, and #96 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 Jefferson housing market right now
In the three months ending August 31, 2026, 0% of homes in Jefferson, ME 04348 sold above their list price, the typical home went under contract in 125 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. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold more slowly (95 days then) and the median sale price held steady to $499,784. Overall, Jefferson is less competitive than a year ago, which gives buyers more room.
Within Lincoln County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Alna 04535 (100% sold over asking) and Pemaquid 04558 (100% sold over asking) are even more competitive.
Run the numbers for 04348
Nearby markets
Alna 04535Buyer’s market $116 /sq ftBoothbay 04537Buyer’s market $296 /sq ftBoothbay Harbor 04538Balanced $354 /sq ftBremen 04551Balanced $320 /sq ft Browse all markets →Towns like Jefferson nearby
Find towns like Jefferson in other states →Where Jefferson is
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Questions about Jefferson real estate
Is Jefferson a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Jefferson, ME 04348 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 Jefferson?
The typical home went under contract in 125 days in the latest three months.
Do homes in Jefferson sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.1% of the list price.
What are property taxes in Jefferson?
About 0.85% of a home’s value a year in Lincoln County, or roughly $3,400 on a $400,000 home.
What is the median home price in Jefferson?
The median sale price was $499,784 in the three months ending August 31, 2026, about $226 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