Is Old Town, ME 04468 a buyer’s or seller’s market?

The Old Town housing market right now

In the three months ending August 31, 2026, 26% of homes in Old Town, ME 04468 sold above their list price, the typical home went under contract in 46 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 32 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold faster (50 days then) and the median sale price rose 12% to $284,877. Overall, Old Town is less competitive than a year ago, which gives buyers more room.

Within Penobscot County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell more often over asking than in 64%. On our competition score, Old Town ranks #70 of 105 ME ZIP codes with enough sales (score 48 out of 100).

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.