Is Carmel, ME 04419 a buyer’s or seller’s market?

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

Carmel is a seller’s market. With about 2.8 months of supply and 22% 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 supply2.8Under 4 months = seller’s market
Sold above original list22.2%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market11Listing to accepted offer
Median price per sq ft$231▲ +29.2% vs. last year

The Carmel housing market right now

In the three months ending August 31, 2026, 22% of homes in Carmel, ME 04419 sold above their list price, the typical home went under contract in 11 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 rose from 20%, homes sold faster (65 days then) and the median sale price fell 3% to $409,823. Overall, Carmel is more competitive than a year ago, so tougher for buyers.

Within Penobscot County, homes here sell faster than in 94% of the county’s ZIP codes, and sell more often over asking than in 56%.

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.

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 Carmel is

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Questions about Carmel real estate

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

A seller’s market: there were 2.8 months of supply in Carmel, ME 04419 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 Carmel?

The typical home went under contract in 11 days in the latest three months.

Do homes in Carmel sell over asking?

22% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.

What are property taxes in Carmel?

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 Carmel?

The median sale price was $409,823 in the three months ending August 31, 2026, about $231 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