Is New Vineyard, ME 04956 a buyer’s or seller’s market?

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

New Vineyard is a seller’s market. With about 2.6 months of supply and 20% 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.

Months of supply2.6Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$185▼ −65.0% vs. last year

The New Vineyard housing market right now

In the three months ending August 31, 2026, 20% of homes in New Vineyard, ME 04956 sold above their list price, the typical home went under contract in 45 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 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 more slowly (7 days then) and the median sale price fell 22% to $304,868. Overall, New Vineyard is more competitive than a year ago, so tougher for buyers.

Within Franklin County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 83%.

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) is 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 Vineyard is

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Questions about New Vineyard real estate

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

A seller’s market: there were 2.6 months of supply in New Vineyard, ME 04956 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 Vineyard?

The typical home went under contract in 45 days in the latest three months.

Do homes in New Vineyard sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.

What are property taxes in New Vineyard?

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 Vineyard?

The median sale price was $304,868 in the three months ending August 31, 2026, about $185 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