Is Sullivan, ME 04664 a buyer’s or seller’s market?

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

Sullivan is a buyer’s market. With about 20.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply20.3Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list94.6%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$180▼ −15.9% vs. last year

The Sullivan housing market right now

In the three months ending August 31, 2026, 33% of homes in Sullivan, ME 04664 sold above their list price, the typical home went under contract in 58 days and there were 20.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (67 days then) and the median sale price rose 1% to $534,769. Overall, Sullivan is more competitive than a year ago, so tougher for buyers.

Within Hancock County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 70%.

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.

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 Sullivan is

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Questions about Sullivan real estate

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

A buyer’s market: there were 20.3 months of supply in Sullivan, ME 04664 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 Sullivan?

The typical home went under contract in 58 days in the latest three months.

Do homes in Sullivan sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.

What are property taxes in Sullivan?

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 Sullivan?

The median sale price was $534,769 in the three months ending August 31, 2026, about $180 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