Is Columbia Falls, ME 04623 a buyer’s or seller’s market?
Columbia Falls is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Columbia Falls housing market right now
In the three months ending August 31, 2026, 0% of homes in Columbia Falls, ME 04623 sold above their list price, the typical home went under contract in 108 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 (71 days then) and the median sale price fell 64% to $142,938. Overall, Columbia Falls is less competitive than a year ago, which gives buyers more room.
Within Washington County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Vanceboro 04491 (100% sold over asking) and Milbridge 04658 (50% sold over asking) are even more competitive.
Run the numbers for 04623
Nearby markets
Addison 04606Seller’s market $191 /sq ftBaileyville 04694Buyer’s market $133 /sq ftBeals 04611Buyer’s market $449 /sq ftBrookton 04413Buyer’s market $57 /sq ft Browse all markets →Towns like Columbia Falls nearby
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Questions about Columbia Falls real estate
Is Columbia Falls a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Columbia Falls, ME 04623 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 Columbia Falls?
The typical home went under contract in 108 days in the latest three months.
Do homes in Columbia Falls sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Columbia Falls?
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 Columbia Falls?
The median sale price was $142,938 in the three months ending August 31, 2026, about $138 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