Is New Sharon, ME 04955 a buyer’s or seller’s market?

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

New Sharon is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.5Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$152▼ −12.3% vs. last year

The New Sharon housing market right now

In the three months ending August 31, 2026, 0% of homes in New Sharon, ME 04955 sold above their list price, the typical home went under contract in 67 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (104 days then) and the median sale price rose 142% to $404,825. Overall, New Sharon is less competitive than a year ago, which gives buyers more room.

Within Franklin County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, 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 ftKingfield 04947Buyer’s market $352 /sq ft Browse all markets →

Where New Sharon is

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Questions about New Sharon real estate

Is New Sharon a buyer’s or seller’s market?

A buyer’s market: there were 8.5 months of supply in New Sharon, ME 04955 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 New Sharon?

The typical home went under contract in 67 days in the latest three months.

Do homes in New Sharon sell over asking?

0% 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 New Sharon?

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 New Sharon?

The median sale price was $404,825 in the three months ending August 31, 2026, about $152 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