Is Burlington, ME 04417 a buyer’s or seller’s market?
Burlington is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Burlington housing market right now
In the three months ending August 31, 2026, 50% of homes in Burlington, ME 04417 sold above their list price, the typical home went under contract in 87 days and there were 11.2 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 rose from 0%, homes sold more slowly (40 days then) and the median sale price rose 24% to $129,944. Overall, Burlington is more competitive than a year ago, so tougher for buyers.
Within Penobscot County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 92%.
Nearby, buyers who want less competition could look at Garland 04939 (0% sold over asking) or Dixmont 04932 (0% sold over asking), while Exeter 04435 (100% sold over asking) and Etna 04434 (67% sold over asking) are even more competitive.
Run the numbers for 04417
Nearby markets
Bangor 04401Seller’s market $198 /sq ftBradford 04410Balanced $163 /sq ftBradley 04411Balanced $152 /sq ftBrewer 04412Seller’s market $194 /sq ft Browse all markets →Where Burlington is
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Questions about Burlington real estate
Is Burlington a buyer’s or seller’s market?
A buyer’s market: there were 11.2 months of supply in Burlington, ME 04417 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 Burlington?
The typical home went under contract in 87 days in the latest three months.
Do homes in Burlington sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Burlington?
About 1.16% of a home’s value a year in Penobscot County, or roughly $4,640 on a $400,000 home.
What is the median home price in Burlington?
The median sale price was $129,944 in the three months ending August 31, 2026, about $164 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