Is New Limerick, ME 04761 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

New Limerick is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list104.8%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$223▲ +12.5% vs. last year

The New Limerick housing market right now

In the three months ending August 31, 2026, 100% of homes in New Limerick, ME 04761 sold above their list price, the typical home went under contract in 38 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, 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 more slowly (7 days then) and the median sale price rose 73% to $449,805. Overall, New Limerick is more competitive than a year ago, so tougher for buyers.

Within Aroostook County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.

Nearby, buyers who want less competition could look at Washburn 04786 (0% sold over asking) or Van Buren 04785 (0% sold over asking).

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 New Limerick is

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Questions about New Limerick real estate

Is New Limerick a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in New Limerick, ME 04761 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 New Limerick?

The typical home went under contract in 38 days in the latest three months.

Do homes in New Limerick sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 104.8% of the list price.

What are property taxes in New Limerick?

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 New Limerick?

The median sale price was $449,805 in the three months ending August 31, 2026, about $223 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