Is Warren, ME 04864 a buyer’s or seller’s market?
Warren is a seller’s market. With about 3.9 months of supply and 8% 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 Warren housing market right now
In the three months ending August 31, 2026, 8% of homes in Warren, ME 04864 sold above their list price, the typical home went under contract in 50 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold more slowly (46 days then) and the median sale price rose 5% to $394,829. Overall, Warren is less competitive than a year ago, which gives buyers more room.
Within Knox County, homes here sell faster than in 54% of the county’s ZIP codes, and sell less often over asking than in 57%.
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 04864
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 Warren nearby
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Questions about Warren real estate
Is Warren a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Warren, ME 04864 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 Warren?
The typical home went under contract in 50 days in the latest three months.
Do homes in Warren sell over asking?
8% 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 Warren?
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 Warren?
The median sale price was $394,829 in the three months ending August 31, 2026, about $251 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