Is Rangeley, ME 04970 a buyer’s or seller’s market?

The Rangeley housing market right now

In the three months ending August 31, 2026, 12% of homes in Rangeley, ME 04970 sold above their list price, the typical home went under contract in 62 days and there were 6.3 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 26 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 32%, homes sold more slowly (51 days then) and the median sale price fell 5% to $454,803. Overall, Rangeley is less competitive than a year ago, which gives buyers more room.

Within Franklin County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Rangeley ranks #97 of 105 ME ZIP codes with enough sales (score 18 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.