Is Ellsworth, ME 04605 a buyer’s or seller’s market?

The Ellsworth housing market right now

In the three months ending August 31, 2026, 25% of homes in Ellsworth, ME 04605 sold above their list price, the typical home went under contract in 50 days and there were 5.9 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. That’s based on 49 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold faster (62 days then) and the median sale price rose 5% to $449,306. Overall, Ellsworth is about as competitive as it was a year ago.

Within Hancock County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 53%. On our competition score, Ellsworth ranks #67 of 105 ME ZIP codes with enough sales (score 48 out of 100).

Nearby, buyers who want less competition could look at Winter Harbor 04693 (0% sold over asking) or Sorrento 04677 (0% sold over asking), while Mount Desert 04660 (67% sold over asking) and Deer Isle 04627 (60% sold over asking) are even more competitive.