Is Cherryfield, ME 04622 a buyer’s or seller’s market?

The Cherryfield housing market right now

In the three months ending August 31, 2026, 13% of homes in Cherryfield, ME 04622 sold above their list price, the typical home went under contract in 34 days and there were 4.8 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. With only 8 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 (14% then), homes sold faster (41 days then) and the median sale price rose 5% to $257,389. Overall, Cherryfield is about as competitive as it was a year ago.

Within Washington County, homes here sell faster than in 79% of the county’s ZIP codes, and sell more often over asking than in 71%.

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.