Is Southwest Harbor, ME 04679 a buyer’s or seller’s market?

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

Southwest Harbor is a buyer’s market. With about 6.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.9Under 4 months = seller’s market
Sold above original list16.7%Share of sales, last 3 months
Median sale-to-list89.2%Sold price ÷ list price
Median days on market60Listing to accepted offer
Median price per sq ft$456▲ +7.4% vs. last year

The Southwest Harbor housing market right now

In the three months ending August 31, 2026, 17% of homes in Southwest Harbor, ME 04679 sold above their list price, the typical home went under contract in 60 days and there were 6.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 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 about as fast and the median sale price rose 21% to $977,077. Overall, Southwest Harbor is more competitive than a year ago, so tougher for buyers.

Within Hancock County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 60%.

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 Southwest Harbor is

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Questions about Southwest Harbor real estate

Is Southwest Harbor a buyer’s or seller’s market?

A buyer’s market: there were 6.9 months of supply in Southwest Harbor, ME 04679 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 Southwest Harbor?

The typical home went under contract in 60 days in the latest three months.

Do homes in Southwest Harbor sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 89.2% of the list price.

What are property taxes in Southwest Harbor?

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 Southwest Harbor?

The median sale price was $977,077 in the three months ending August 31, 2026, about $456 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