Is Phippsburg, ME 04562 a buyer’s or seller’s market?
Phippsburg is a buyer’s market. With about 10.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Phippsburg housing market right now
In the three months ending August 31, 2026, 33% of homes in Phippsburg, ME 04562 sold above their list price, the typical home went under contract in 40 days and there were 10.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 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 22%, homes sold faster (76 days then) and the median sale price rose 16% to $709,693. Overall, Phippsburg is more competitive than a year ago, so tougher for buyers.
Within Sagadahoc County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 71%.
Nearby, buyers who want less competition could look at Woolwich 04579 (10% sold over asking) or Georgetown 04548 (30% sold over asking), while Bowdoinham 04008 (60% sold over asking) and Topsham 04086 (50% sold over asking) are even more competitive.
Run the numbers for 04562
Nearby markets
Bath 04530Seller’s market $302 /sq ftBowdoin 04287Buyer’s market $251 /sq ftBowdoinham 04008Buyer’s market $330 /sq ftGeorgetown 04548Seller’s market $321 /sq ft Browse all markets →Towns like Phippsburg nearby
Find towns like Phippsburg in other states →Where Phippsburg is
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Questions about Phippsburg real estate
Is Phippsburg a buyer’s or seller’s market?
A buyer’s market: there were 10.7 months of supply in Phippsburg, ME 04562 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 Phippsburg?
The typical home went under contract in 40 days in the latest three months.
Do homes in Phippsburg sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 94.9% of the list price.
What are property taxes in Phippsburg?
About 1.04% of a home’s value a year in Sagadahoc County, or roughly $4,160 on a $400,000 home.
What is the median home price in Phippsburg?
The median sale price was $709,693 in the three months ending August 31, 2026, about $423 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