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Steep Falls

STEEP FALLS, ME 04085

Real Estate Market Report  ·  Cumberland County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$457,500
⇧ 11.7% vs $409,725 last year
Average Price
$457,500
⇧ 11.7% vs $409,725 last year
Days on Market
88
⇧ 69.2% vs 52 days last year

Market Context

Population: 3,107  ·  Density: 79.0/mi²  ·  Median household income: $94,318

Typical home value: $250,692  ·  Homeownership: 87.1%

Market Analysis

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

The STEEP FALLS, ME real estate market (04085) currently shows 2 active listings, with 1 pending sales. Homes are averaging 88 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 taking longer to sell, averaging 88 days on market compared to 52 days last year.

The median listing price has risen 11.7% year-over-year, from $409,725 to $457,500.

Whether you are buying or selling in STEEP FALLS, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 88 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $457,500 (+11.7% YoY)
  • Average: $457,500 (+11.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.5 miles — 119 listings ($62,547,225 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04085Steep Falls, ME 040850.0 mi2$915,000$457,500$457,500
04024East Baldwin, ME 040244.6 mi2$962,666$415,000$481,333
04091West Baldwin, ME 040917.0 mi4$2,114,000$562,500$528,500
04020Cornish, ME 040209.3 mi3$1,197,000$383,000$399,000
04048Limerick, ME 0404810.3 mi20$9,677,040$454,950$483,852
04093Buxton, ME 0409310.5 mi14$8,727,250$517,000$623,375
04062Windham, ME 0406211.0 mi43$25,773,985$577,000$599,395
04061North Waterboro, ME 0406111.7 mi6$2,806,440$459,900$467,740
04030East Waterboro, ME 0403013.4 mi2$909,966$465,975$454,983
04047Parsonsfield, ME 0404714.6 mi5$1,960,875$399,450$392,175
04098Westbrook, ME 0409814.9 mi1$575,000$575,000$575,000
04068Porter, ME 0406816.2 mi7$2,593,003$395,000$370,429
04022Denmark, ME 0402216.5 mi10$4,335,000$422,000$433,500

Frequently Asked Questions

How many homes are for sale in STEEP FALLS, ME 04085?

As of January 2026, there are 2 active listings in STEEP FALLS, ME (zip code 04085), compared to 3 the prior year.

What is the median home price in STEEP FALLS, ME 04085?

The median listing price in STEEP FALLS, ME 04085 is $457,500 as of January 2026, a 11.7% increase from $409,725 the prior year.

How long do homes stay on the market in STEEP FALLS, ME?

Homes in STEEP FALLS, ME 04085 spend an average of 88 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in STEEP FALLS, ME 04085?

Based on current inventory and days-on-market data as of January 2026, STEEP FALLS, ME 04085 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 88 days on market compared to 52 days last year.

How much can I save on real estate commission in STEEP FALLS, ME?

With SELL123.com's maximum 3% commission, sellers in STEEP FALLS, ME 04085 save an estimated $9,150 compared to a typical 5% commission on the median listing price of $457,500. 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.