Is Grand Isle, ME 04746 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Grand Isle is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list93.9%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$134▲ +48.2% vs. last year

The Grand Isle housing market right now

In the three months ending August 31, 2026, 25% of homes in Grand Isle, ME 04746 sold above their list price, the typical home went under contract in 42 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 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 (176 days then) and the median sale price rose 14% to $158,681. Overall, Grand Isle is more competitive than a year ago, so tougher for buyers.

Within Aroostook County, homes here sell faster than in 65% of the county’s ZIP codes, and sell more often over asking than in 84%.

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.

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 →

Where Grand Isle is

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Questions about Grand Isle real estate

Is Grand Isle a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Grand Isle, ME 04746 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 Grand Isle?

The typical home went under contract in 42 days in the latest three months.

Do homes in Grand Isle sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 93.9% of the list price.

What are property taxes in Grand Isle?

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 Grand Isle?

The median sale price was $158,681 in the three months ending August 31, 2026, about $134 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