Is Fairfield, ME 04937 a buyer’s or seller’s market?

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

Fairfield is a seller’s market. With about 3.3 months of supply and 26% 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.

Competition score50/ 100

More competitive than 51% of U.S. ZIP codes, and #64 of 105 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.3Under 4 months = seller’s market
Sold above original list26.1%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$164▼ −15.0% vs. last year

The Fairfield housing market right now

In the three months ending August 31, 2026, 26% of homes in Fairfield, ME 04937 sold above their list price, the typical home went under contract in 41 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 53%, homes sold about as fast and the median sale price fell 2% to $258,888. Overall, Fairfield is less competitive than a year ago, which gives buyers more room.

Within Somerset County, homes here sell faster than in 57% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Fairfield ranks #64 of 105 ME ZIP codes with enough sales (score 50 out of 100).

Nearby, buyers who want less competition could look at Solon 04979 (0% sold over asking) or Shawmut 04975 (0% sold over asking), while Athens 04912 (75% sold over asking) and Saint Albans 04971 (43% sold over asking) are even more competitive.

Nearby markets

Anson 04911Balanced $211 /sq ftAthens 04912Balanced $235 /sq ftBingham 04920Buyer’s market $138 /sq ftCambridge 04923Seller’s market $71 /sq ft Browse all markets →

Where Fairfield is

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Questions about Fairfield real estate

Is Fairfield a buyer’s or seller’s market?

A seller’s market: there were 3.3 months of supply in Fairfield, ME 04937 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 Fairfield?

The typical home went under contract in 41 days in the latest three months.

Do homes in Fairfield sell over asking?

26% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.

What are property taxes in Fairfield?

About 1.08% of a home’s value a year in Somerset County, or roughly $4,320 on a $400,000 home.

What is the median home price in Fairfield?

The median sale price was $258,888 in the three months ending August 31, 2026, about $164 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