Is Friendship, ME 04547 a buyer’s or seller’s market?
Friendship is a seller’s market. With about 2.7 months of supply and 0% 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 Friendship housing market right now
In the three months ending August 31, 2026, 0% of homes in Friendship, ME 04547 sold above their list price, the typical home went under contract in 44 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. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (42 days then) and the median sale price fell 27% to $329,857. Overall, Friendship is less competitive than a year ago, which gives buyers more room.
Within Knox County, homes here sell faster than in 69% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Thomaston 04861 (27% sold over asking) and Spruce Head 04859 (25% sold over asking) are even more competitive.
Run the numbers for 04547
Nearby markets
Camden 04843Balanced $375 /sq ftCushing 04563Buyer’s market $376 /sq ftHope 04847Buyer’s market $368 /sq ftMatinicus 04851 — /sq ft Browse all markets →Towns like Friendship nearby
Find towns like Friendship in other states →Where Friendship is
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Questions about Friendship real estate
Is Friendship a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Friendship, ME 04547 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 Friendship?
The typical home went under contract in 44 days in the latest three months.
Do homes in Friendship sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.
What are property taxes in Friendship?
About 1.17% of a home’s value a year in Knox County, or roughly $4,680 on a $400,000 home.
What is the median home price in Friendship?
The median sale price was $329,857 in the three months ending August 31, 2026, about $242 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