Is Monticello, ME 04760 a buyer’s or seller’s market?
Monticello is a seller’s market. With about 2.1 months of supply and 0% 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 Monticello housing market right now
In the three months ending August 31, 2026, 0% of homes in Monticello, ME 04760 sold above their list price, the typical home went under contract in 46 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (9 days then) and the median sale price rose 58% to $219,905. Overall, Monticello is less competitive than a year ago, which gives buyers more room.
Within Aroostook County, homes here sell faster than in 51% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, New Limerick 04761 (100% sold over asking) and Kingman 04451 (50% sold over asking) are even more competitive.
Run the numbers for 04760
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 Monticello is
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Questions about Monticello real estate
Is Monticello a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Monticello, ME 04760 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 Monticello?
The typical home went under contract in 46 days in the latest three months.
Do homes in Monticello sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.
What are property taxes in Monticello?
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 Monticello?
The median sale price was $219,905 in the three months ending August 31, 2026, about $140 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