Is Damariscotta, ME 04543 a buyer’s or seller’s market?
Damariscotta is a seller’s market. With about 3.5 months of supply and 9% 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.
The Damariscotta housing market right now
In the three months ending August 31, 2026, 9% of homes in Damariscotta, ME 04543 sold above their list price, the typical home went under contract in 43 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold faster (66 days then) and the median sale price rose 28% to $598,741. Overall, Damariscotta is about as competitive as it was a year ago.
Within Lincoln County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell less often over asking than in 57%.
Nearby, buyers who want less competition could look at Southport 04576 (0% sold over asking) or Trevett 04571 (0% sold over asking), while Alna 04535 (100% sold over asking) and Pemaquid 04558 (100% sold over asking) are even more competitive.
Run the numbers for 04543
Nearby markets
Alna 04535Buyer’s market $116 /sq ftBoothbay 04537Buyer’s market $296 /sq ftBoothbay Harbor 04538Balanced $354 /sq ftBremen 04551Balanced $320 /sq ft Browse all markets →Towns like Damariscotta nearby
Find towns like Damariscotta in other states →Where Damariscotta is
Loading map…
Questions about Damariscotta real estate
Is Damariscotta a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Damariscotta, ME 04543 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 Damariscotta?
The typical home went under contract in 43 days in the latest three months.
Do homes in Damariscotta sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.
What are property taxes in Damariscotta?
About 0.85% of a home’s value a year in Lincoln County, or roughly $3,400 on a $400,000 home.
What is the median home price in Damariscotta?
The median sale price was $598,741 in the three months ending August 31, 2026, about $431 per square foot.
Local agents
See all agents in 04543 →No sponsored agents in 04543 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 04543
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology