Is Litchfield, ME 04350 a buyer’s or seller’s market?

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

Litchfield is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply6Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list101.3%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$264▼ −6.1% vs. last year

The Litchfield housing market right now

In the three months ending August 31, 2026, 33% of homes in Litchfield, ME 04350 sold above their list price, the typical home went under contract in 19 days and there were 6 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. With only 9 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (49 days then) and the median sale price fell 12% to $428,814. Overall, Litchfield is more competitive than a year ago, so tougher for buyers.

Within Kennebec County, homes here sell faster than in 96% of the county’s ZIP codes, and sell more often over asking than in 65%.

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 Litchfield is

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Questions about Litchfield real estate

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

A balanced market: there were 6 months of supply in Litchfield, ME 04350 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 Litchfield?

The typical home went under contract in 19 days in the latest three months.

Do homes in Litchfield sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 101.3% of the list price.

What are property taxes in Litchfield?

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 Litchfield?

The median sale price was $428,814 in the three months ending August 31, 2026, about $264 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