Is South Bristol, ME 04568 a buyer’s or seller’s market?
South Bristol is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The South Bristol housing market right now
In the three months ending August 31, 2026, 0% of homes in South Bristol, ME 04568 sold above their list price, the typical home went under contract in 235 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (74 days then) and the median sale price fell 24% to $987,073. Overall, South Bristol is less competitive than a year ago, which gives buyers more room.
Within Lincoln County, homes here sell more slowly than in 96% 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 04568
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 →Where South Bristol is
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Questions about South Bristol real estate
Is South Bristol a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in South Bristol, ME 04568 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 South Bristol?
The typical home went under contract in 235 days in the latest three months.
Do homes in South Bristol sell over asking?
0% 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 South Bristol?
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 South Bristol?
The median sale price was $987,073 in the three months ending August 31, 2026, about $438 per square foot.
Local agents
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More tools for 04568
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology