Is Thomaston, ME 04861 a buyer’s or seller’s market?
Thomaston is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Thomaston housing market right now
In the three months ending August 31, 2026, 27% of homes in Thomaston, ME 04861 sold above their list price, the typical home went under contract in 71 days and there were 4.1 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. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (55 days then) and the median sale price rose 17% to $344,851. Overall, Thomaston is more competitive than a year ago, so tougher for buyers.
Within Knox County, homes here sell more slowly than in 85% 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 Vinalhaven 04863 (0% sold over asking) or South Thomaston 04858 (0% sold over asking).
Run the numbers for 04861
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 Thomaston nearby
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Questions about Thomaston real estate
Is Thomaston a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Thomaston, ME 04861 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 Thomaston?
The typical home went under contract in 71 days in the latest three months.
Do homes in Thomaston sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in 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 Thomaston?
The median sale price was $344,851 in the three months ending August 31, 2026, about $237 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