Is Swans Island, ME 04685 a buyer’s or seller’s market?
Swans Island is a buyer’s market. With about 20.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Swans Island housing market right now
In the three months ending August 31, 2026, 50% of homes in Swans Island, ME 04685 sold above their list price, the typical home went under contract in 56 days and there were 20.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 (342 days then) and the median sale price rose 29% to $802,153. Overall, Swans Island is more competitive than a year ago, so tougher for buyers.
Within Hancock County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 90%.
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.
Run the numbers for 04685
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 Swans Island is
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Questions about Swans Island real estate
Is Swans Island a buyer’s or seller’s market?
A buyer’s market: there were 20.8 months of supply in Swans Island, ME 04685 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 Swans Island?
The typical home went under contract in 56 days in the latest three months.
Do homes in Swans Island sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Swans Island?
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 Swans Island?
The median sale price was $802,153 in the three months ending August 31, 2026, about $487 per square foot.
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More tools for 04685
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology