Is Springfield, ME 04487 a buyer’s or seller’s market?

The Springfield housing market right now

In the three months ending August 31, 2026, 33% of homes in Springfield, ME 04487 sold above their list price, the typical home went under contract in 7 days and there were 20.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 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 17%, homes sold faster (42 days then) and the median sale price fell 77% to $54,976. Overall, Springfield is more competitive than a year ago, so tougher for buyers.

Within Penobscot County, homes here sell faster than in 97% 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.