Is Belgrade, ME 04917 a buyer’s or seller’s market?

The Belgrade housing market right now

In the three months ending August 31, 2026, 27% of homes in Belgrade, ME 04917 sold above their list price, the typical home went under contract in 15 days and there were 5.5 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 23 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 32%, homes sold faster (48 days then) and the median sale price rose 21% to $497,285. Overall, Belgrade is more competitive than a year ago, so tougher for buyers.

Within Kennebec County, homes here sell faster than in any other ZIP code in the county, and sell less often over asking than in 57%. On our competition score, Belgrade ranks #51 of 105 ME ZIP codes with enough sales (score 58 out of 100).

Nearby, buyers who want less competition could look at South Gardiner 04359 (0% sold over asking) or Mount Vernon 04352 (0% sold over asking), while Randolph 04346 (56% sold over asking) and North Monmouth 04265 (50% sold over asking) are even more competitive.