Is Burnham, ME 04922 a buyer’s or seller’s market?

The Burnham housing market right now

In the three months ending August 31, 2026, 63% of homes in Burnham, ME 04922 sold above their list price, the typical home went under contract in 15 days and there were 4.4 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. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (77 days then) and the median sale price rose 6% to $297,371. Overall, Burnham is more competitive than a year ago, so tougher for buyers.

Within Waldo County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Unity 04988 (0% sold over asking) or Thorndike 04986 (0% sold over asking), while Troy 04987 (100% sold over asking) is even more competitive.