Is Tenants Harbor, ME 04860 a buyer’s or seller’s market?

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

Tenants Harbor is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.1Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$352▲ +0.9% vs. last year

The Tenants Harbor housing market right now

In the three months ending August 31, 2026, 20% of homes in Tenants Harbor, ME 04860 sold above their list price, the typical home went under contract in 30 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (64 days then) and the median sale price fell 29% to $364,842. Overall, Tenants Harbor is less competitive than a year ago, which gives buyers more room.

Within Knox County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 79%.

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.

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 →

Where Tenants Harbor is

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Questions about Tenants Harbor real estate

Is Tenants Harbor a buyer’s or seller’s market?

A buyer’s market: there were 6.1 months of supply in Tenants Harbor, ME 04860 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 Tenants Harbor?

The typical home went under contract in 30 days in the latest three months.

Do homes in Tenants Harbor sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Tenants Harbor?

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 Tenants Harbor?

The median sale price was $364,842 in the three months ending August 31, 2026, about $352 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