Is Southport, ME 04576 a buyer’s or seller’s market?
Southport 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 Southport housing market right now
In the three months ending August 31, 2026, 0% of homes in Southport, ME 04576 sold above their list price, the typical home went under contract in 60 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 43%, homes sold faster (63 days then) and the median sale price fell 42% to $574,751. Overall, Southport is less competitive than a year ago, which gives buyers more room.
Within Lincoln County, homes here sell more slowly than in 78% 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 04576
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 Southport is
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Questions about Southport real estate
Is Southport a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Southport, ME 04576 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 Southport?
The typical home went under contract in 60 days in the latest three months.
Do homes in Southport sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.5% of the list price.
What are property taxes in Southport?
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 Southport?
The median sale price was $574,751 in the three months ending August 31, 2026, about $401 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