Is South Thomaston, ME 04858 a buyer’s or seller’s market?
South Thomaston is a buyer’s market. With about 11.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The South Thomaston housing market right now
In the three months ending August 31, 2026, 0% of homes in South Thomaston, ME 04858 sold above their list price, the typical home went under contract in 56 days and there were 11.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 about as fast and the median sale price rose 27% to $609,736. Overall, South Thomaston is about as competitive as it was a year ago.
Within Knox County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Thomaston 04861 (27% sold over asking) and Spruce Head 04859 (25% sold over asking) are even more competitive.
Run the numbers for 04858
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 South Thomaston nearby
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Questions about South Thomaston real estate
Is South Thomaston a buyer’s or seller’s market?
A buyer’s market: there were 11.5 months of supply in South Thomaston, ME 04858 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 South Thomaston?
The typical home went under contract in 56 days in the latest three months.
Do homes in South Thomaston sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.
What are property taxes in South Thomaston?
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 South Thomaston?
The median sale price was $609,736 in the three months ending August 31, 2026, about $378 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