Is Fort Fairfield, ME 04742 a buyer’s or seller’s market?
Fort Fairfield is a seller’s market. With about 3.7 months of supply and 8% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Fort Fairfield housing market right now
In the three months ending August 31, 2026, 8% of homes in Fort Fairfield, ME 04742 sold above their list price, the typical home went under contract in 67 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (91 days then) and the median sale price fell 20% to $97,408. Overall, Fort Fairfield is more competitive than a year ago, so tougher for buyers.
Within Aroostook County, homes here sell more slowly than in 65% of the county’s ZIP codes, and sell more often over asking than in 70%.
Nearby, buyers who want less competition could look at Washburn 04786 (0% sold over asking) or Van Buren 04785 (0% sold over asking), while New Limerick 04761 (100% sold over asking) and Kingman 04451 (50% sold over asking) are even more competitive.
Run the numbers for 04742
Nearby markets
Ashland 04732Buyer’s market $112 /sq ftBenedicta 04733 $93 /sq ftBlaine 04734Seller’s market $118 /sq ftBridgewater 04735Buyer’s market $135 /sq ft Browse all markets →Towns like Fort Fairfield nearby
Find towns like Fort Fairfield in other states →Where Fort Fairfield is
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Questions about Fort Fairfield real estate
Is Fort Fairfield a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Fort Fairfield, ME 04742 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 Fort Fairfield?
The typical home went under contract in 67 days in the latest three months.
Do homes in Fort Fairfield sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 90.4% of the list price.
What are property taxes in Fort Fairfield?
About 1.12% of a home’s value a year in Aroostook County, or roughly $4,480 on a $400,000 home.
What is the median home price in Fort Fairfield?
The median sale price was $97,408 in the three months ending August 31, 2026, about $76 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