Is Norridgewock, ME 04957 a buyer’s or seller’s market?
Norridgewock is a seller’s market. With about 3.5 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.
The Norridgewock housing market right now
In the three months ending August 31, 2026, 20% of homes in Norridgewock, ME 04957 sold above their list price, the typical home went under contract in 59 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (18% then), homes sold more slowly (32 days then) and the median sale price rose 18% to $247,393. Overall, Norridgewock is less competitive than a year ago, which gives buyers more room.
Within Somerset County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 62%.
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.
Run the numbers for 04957
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 →Towns like Norridgewock nearby
Find towns like Norridgewock in other states →Where Norridgewock is
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Questions about Norridgewock real estate
Is Norridgewock a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Norridgewock, ME 04957 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 Norridgewock?
The typical home went under contract in 59 days in the latest three months.
Do homes in Norridgewock sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Norridgewock?
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 Norridgewock?
The median sale price was $247,393 in the three months ending August 31, 2026, about $157 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