Is Oakland, ME 04963 a buyer’s or seller’s market?

The Oakland housing market right now

In the three months ending August 31, 2026, 32% of homes in Oakland, ME 04963 sold above their list price, the typical home went under contract in 40 days and there were 6.1 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 35 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 21%, homes sold faster (72 days then) and the median sale price rose 8% to $377,337. Overall, Oakland is more competitive than a year ago, so tougher for buyers.

Within Kennebec County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Oakland ranks #60 of 105 ME ZIP codes with enough sales (score 51 out of 100).

Nearby, buyers who want less competition could look at South Gardiner 04359 (0% sold over asking) or Mount Vernon 04352 (0% sold over asking), while Randolph 04346 (56% sold over asking) and North Monmouth 04265 (50% sold over asking) are even more competitive.