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LONG ISLAND, ME 04050

Real Estate Market Report  ·  Cumberland County
Seller's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The LONG ISLAND, ME real estate market (04050) currently shows 3 active listings, with 1 pending sales. Homes are averaging 15 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 15 days on market compared to 33 days last year.

The median listing price has fallen 16.3% year-over-year, from $824,500 to $689,900.

Whether you are buying or selling in LONG ISLAND, ME, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 282  ·  Density: 75.9/mi²  ·  Median household income: $101,250

Typical home value: $423,076  ·  Homeownership: 88.1%

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
1
33% pending ratio
Median Price
$689,900
⇩ 16.3% vs $824,500 last year
Average Price
$698,100
⇩ 29.3% vs $987,250 last year
Days on Market
15
⇩ 54.5% vs 33 days last year

Price Per Square Foot

Median $/sqft
$406
⇩ 1.2% vs $411/sqft last year
Median Home Size
1,900 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 15 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $689,900 (-16.3% YoY)
  • Average: $698,100 (-29.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.9 miles — 194 listings ($166,586,793 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04110Cumberland Foreside, ME 041105.1 mi2$1,449,000$724,500$724,500
04103Portland, ME 041036.7 mi29$17,424,070$523,725$600,830
04096Yarmouth, ME 040967.4 mi12$15,216,504$850,000$1,268,042
04106South Portland, ME 041067.8 mi30$34,918,920$561,500$1,163,964
04021Cumberland Center, ME 040219.1 mi12$8,589,204$599,900$715,767
04098Westbrook, ME 0409810.5 mi2$1,116,666$550,000$558,333
04032Freeport, ME 0403211.7 mi14$9,973,250$704,250$712,375
04074Scarborough, ME 0407412.6 mi40$37,569,560$791,950$939,239
04069Pownal, ME 0406914.4 mi2$2,943,334$1,123,000$1,471,667
04038Gorham, ME 0403815.1 mi29$18,793,537$649,500$648,053
04039Gray, ME 0403916.5 mi15$9,837,600$657,450$655,840
04562Phippsburg, ME 0456217.7 mi6$7,907,898$589,000$1,317,983
04222Durham, ME 0422218.9 mi1$847,250$847,250$847,250

Frequently Asked Questions

How many homes are for sale in LONG ISLAND, ME 04050?

As of July 2026, there are 3 active listings in LONG ISLAND, ME (zip code 04050), compared to 4 the prior year.

What is the median home price in LONG ISLAND, ME 04050?

The median listing price in LONG ISLAND, ME 04050 is $689,900 as of July 2026, a 16.3% decrease from $824,500 the prior year.

How long do homes stay on the market in LONG ISLAND, ME?

Homes in LONG ISLAND, ME 04050 spend an average of 15 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in LONG ISLAND, ME 04050?

Based on current inventory and days-on-market data as of July 2026, LONG ISLAND, ME 04050 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 15 days on market compared to 33 days last year.

How much can I save on real estate commission in LONG ISLAND, ME?

With SELL123.com's maximum 3% commission, sellers in LONG ISLAND, ME 04050 save an estimated $13,798 compared to a typical 5% commission on the median listing price of $689,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.