Is Bremen, ME 04551 a buyer’s or seller’s market?
Bremen is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Bremen housing market right now
In the three months ending August 31, 2026, 0% of homes in Bremen, ME 04551 sold above their list price, the typical home went under contract in 39 days and there were 5.8 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 5 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 50%, homes sold more slowly (35 days then) and the median sale price rose 28% to $939,593. Overall, Bremen is less competitive than a year ago, which gives buyers more room.
Within Lincoln County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Alna 04535 (100% sold over asking) and Pemaquid 04558 (100% sold over asking) are even more competitive.
Run the numbers for 04551
Nearby markets
Alna 04535Buyer’s market $116 /sq ftBoothbay 04537Buyer’s market $296 /sq ftBoothbay Harbor 04538Balanced $354 /sq ftBristol 04539Balanced $294 /sq ft Browse all markets →Where Bremen is
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Questions about Bremen real estate
Is Bremen a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Bremen, ME 04551 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 Bremen?
The typical home went under contract in 39 days in the latest three months.
Do homes in Bremen sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.8% of the list price.
What are property taxes in Bremen?
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 Bremen?
The median sale price was $939,593 in the three months ending August 31, 2026, about $320 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