Is Oakfield, ME 04763 a buyer’s or seller’s market?
Oakfield is a seller’s market. With about 2.7 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 Oakfield housing market right now
In the three months ending August 31, 2026, 0% of homes in Oakfield, ME 04763 sold above their list price, the typical home went under contract in 43 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (224 days then) and the median sale price fell 13% to $160,930. Overall, Oakfield is more competitive than a year ago, so tougher for buyers.
Within Aroostook County, homes here sell faster than in 59% 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 04763
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 Oakfield is
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Questions about Oakfield real estate
Is Oakfield a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Oakfield, ME 04763 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 Oakfield?
The typical home went under contract in 43 days in the latest three months.
Do homes in Oakfield sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Oakfield?
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 Oakfield?
The median sale price was $160,930 in the three months ending August 31, 2026, about $225 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