Is Mars Hill, ME 04758 a buyer’s or seller’s market?
Mars Hill is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mars Hill housing market right now
In the three months ending August 31, 2026, 50% of homes in Mars Hill, ME 04758 sold above their list price, the typical home went under contract in 3 days and there were 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 (138 days then) and the median sale price rose 14% to $247,393. Overall, Mars Hill is more competitive than a year ago, so tougher for buyers.
Within Aroostook County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 95%.
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) is even more competitive.
Run the numbers for 04758
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 Mars Hill nearby
Find towns like Mars Hill in other states →Where Mars Hill is
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Questions about Mars Hill real estate
Is Mars Hill a buyer’s or seller’s market?
A buyer’s market: there were 8 months of supply in Mars Hill, ME 04758 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 Mars Hill?
The typical home went under contract in 3 days in the latest three months.
Do homes in Mars Hill sell over asking?
50% 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 Mars Hill?
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 Mars Hill?
The median sale price was $247,393 in the three months ending August 31, 2026, about $120 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