Is Stratton, ME 04982 a buyer’s or seller’s market?
Stratton is a buyer’s market. With about 16 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Stratton housing market right now
In the three months ending August 31, 2026, 50% of homes in Stratton, ME 04982 sold above their list price, the typical home went under contract in 192 days and there were 16 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 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 faster (249 days then) and the median sale price fell 12% to $342,352. Overall, Stratton is more competitive than a year ago, so tougher for buyers.
Within Franklin County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Temple 04984 (0% sold over asking) or Strong 04983 (0% sold over asking).
Run the numbers for 04982
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 Stratton is
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Questions about Stratton real estate
Is Stratton a buyer’s or seller’s market?
A buyer’s market: there were 16 months of supply in Stratton, ME 04982 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 Stratton?
The typical home went under contract in 192 days in the latest three months.
Do homes in Stratton sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Stratton?
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 Stratton?
The median sale price was $342,352 in the three months ending August 31, 2026, about $277 per square foot.
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More tools for 04982
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology