Is Owls Head, ME 04854 a buyer’s or seller’s market?
Owls Head is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Owls Head housing market right now
In the three months ending August 31, 2026, 13% of homes in Owls Head, ME 04854 sold above their list price, the typical home went under contract in 46 days and there were 4 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 8 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 33%, homes sold faster (60 days then) and the median sale price rose 37% to $736,931. Overall, Owls Head is less competitive than a year ago, which gives buyers more room.
Within Knox County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in 64%.
Nearby, buyers who want less competition could look at Vinalhaven 04863 (0% sold over asking) or South Thomaston 04858 (0% sold over asking), while Thomaston 04861 (27% sold over asking) and Spruce Head 04859 (25% sold over asking) are even more competitive.
Run the numbers for 04854
Nearby markets
Camden 04843Balanced $375 /sq ftCushing 04563Buyer’s market $376 /sq ftFriendship 04547Seller’s market $242 /sq ftHope 04847Buyer’s market $368 /sq ft Browse all markets →Towns like Owls Head nearby
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Questions about Owls Head real estate
Is Owls Head a buyer’s or seller’s market?
A balanced market: there were 4 months of supply in Owls Head, ME 04854 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 Owls Head?
The typical home went under contract in 46 days in the latest three months.
Do homes in Owls Head sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Owls Head?
About 1.17% of a home’s value a year in Knox County, or roughly $4,680 on a $400,000 home.
What is the median home price in Owls Head?
The median sale price was $736,931 in the three months ending August 31, 2026, about $379 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