Is Kingfield, ME 04947 a buyer’s or seller’s market?

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

Kingfield is a buyer’s market. With about 10 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score23/ 100

More competitive than 17% of U.S. ZIP codes, and #91 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 supply10Under 4 months = seller’s market
Sold above original list13.3%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$352▲ +5.6% vs. last year

The Kingfield housing market right now

In the three months ending August 31, 2026, 13% of homes in Kingfield, ME 04947 sold above their list price, the typical home went under contract in 42 days and there were 10 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 15 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 6%, homes sold faster (52 days then) and the median sale price rose 40% to $558,258. Overall, Kingfield is more competitive than a year ago, so tougher for buyers.

Within Franklin County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Kingfield ranks #91 of 105 ME ZIP codes with enough sales (score 23 out of 100).

Nearby, buyers who want less competition could look at Temple 04984 (0% sold over asking) or Strong 04983 (0% sold over asking), while Stratton 04982 (50% sold over asking) and Weld 04285 (20% sold over asking) are even more competitive.

Nearby markets

Eustis 04936Buyer’s market $315 /sq ftFarmington 04938Seller’s market $211 /sq ftJay 04239Seller’s market $126 /sq ftNew Sharon 04955Buyer’s market $152 /sq ft Browse all markets →

Where Kingfield is

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Questions about Kingfield real estate

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

A buyer’s market: there were 10 months of supply in Kingfield, ME 04947 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 Kingfield?

The typical home went under contract in 42 days in the latest three months.

Do homes in Kingfield sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Kingfield?

About 1.04% of a home’s value a year in Franklin County, or roughly $4,160 on a $400,000 home.

What is the median home price in Kingfield?

The median sale price was $558,258 in the three months ending August 31, 2026, about $352 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