Is Corea, ME 04624 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Corea is a buyer’s market. With about 7.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$378

The Corea housing market right now

In the three months ending August 31, 2026, 0% of homes in Corea, ME 04624 sold above their list price, the typical home went under contract in 59 days and there were 7.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Within Hancock County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Mount Desert 04660 (67% sold over asking) and Deer Isle 04627 (60% sold over asking) are even more competitive.

Nearby markets

Aurora 04408Buyer’s market $422 /sq ftBar Harbor 04609Buyer’s market $376 /sq ftBass Harbor 04653Balanced $318 /sq ftBernard 04612Buyer’s market $448 /sq ft Browse all markets →

Where Corea is

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Questions about Corea real estate

Is Corea a buyer’s or seller’s market?

A buyer’s market: there were 7.2 months of supply in Corea, ME 04624 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 Corea?

The typical home went under contract in 59 days in the latest three months.

Do homes in Corea sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Corea?

About 0.83% of a home’s value a year in Hancock County, or roughly $3,320 on a $400,000 home.

What is the median home price in Corea?

The median sale price was $560,220 in the three months ending August 31, 2026, about $378 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