Is Lee, ME 04455 a buyer’s or seller’s market?

The Lee housing market right now

In the three months ending August 31, 2026, 33% of homes in Lee, ME 04455 sold above their list price, the typical home went under contract in 44 days and there were 5.9 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 6 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 faster (59 days then) and the median sale price fell 17% to $167,428. Overall, Lee is more competitive than a year ago, so tougher for buyers.

Within Penobscot County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%.

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.