Is Addison, ME 04606 a buyer’s or seller’s market?
Addison is a seller’s market. With about 2.8 months of supply and 11% 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 Addison housing market right now
In the three months ending August 31, 2026, 11% of homes in Addison, ME 04606 sold above their list price, the typical home went under contract in 60 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 29%, homes sold faster (84 days then) and the median sale price fell 21% to $234,898. Overall, Addison is less competitive than a year ago, which gives buyers more room.
Within Washington County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 68%.
Nearby, buyers who want less competition could look at Baileyville 04694 (0% sold over asking) or Whiting 04691 (0% sold over asking), while Vanceboro 04491 (100% sold over asking) and Milbridge 04658 (50% sold over asking) are even more competitive.
Run the numbers for 04606
Nearby markets
Baileyville 04694Buyer’s market $133 /sq ftBeals 04611Buyer’s market $449 /sq ftBrookton 04413Buyer’s market $57 /sq ftCalais 04619Buyer’s market $136 /sq ft Browse all markets →Towns like Addison nearby
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Questions about Addison real estate
Is Addison a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Addison, ME 04606 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 Addison?
The typical home went under contract in 60 days in the latest three months.
Do homes in Addison sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.
What are property taxes in Addison?
About 1.04% of a home’s value a year in Washington County, or roughly $4,160 on a $400,000 home.
What is the median home price in Addison?
The median sale price was $234,898 in the three months ending August 31, 2026, about $191 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