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LEWISTON, ME 04240

Real Estate Market Report
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The LEWISTON, ME real estate market (04240) currently shows 65 active listings, with 9 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 33 days on market compared to 25 days last year.

The median listing price has risen 0.2% year-over-year, from $353,725 to $354,500.

Whether you are buying or selling in LEWISTON, 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: 37,577  ·  Density: 424.9/mi²  ·  Median household income: $54,317

Typical home value: $189,534  ·  Homeownership: 49.5%

Market Overview

Active Listings
65
⇧ 25% vs 52 last year
Pending
9
14% pending ratio
Median Price
$354,500
⇧ 0.2% vs $353,725 last year
Average Price
$395,356
⇩ 6.5% vs $422,967 last year
Days on Market
33
⇧ 32% vs 25 days last year

Price Per Square Foot

Median $/sqft
$204
⇩ 1% vs $206/sqft last year
Median Home Size
1,734 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 52 last year
  • Days on market: 33 now vs 25 last year

Median & Average Pricing

Year over Year
  • Median: $354,500 (+0.2% YoY)
  • Average: $395,356 (-6.5% 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 16.9 miles — 107 listings ($59,090,282 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04240Lewiston, ME 042400.0 mi37$14,679,972$396,500$396,756
04250Lisbon, ME 042505.2 mi3$1,059,000$324,500$353,000
04236Greene, ME 042366.9 mi7$5,901,728$624,500$843,104
04222Durham, ME 042229.0 mi1$847,250$847,250$847,250
04287Bowdoin, ME 0428710.1 mi1$416,000$416,000$416,000
04274Poland, ME 0427411.5 mi8$3,713,288$478,950$464,161
04259Monmouth, ME 0425912.3 mi6$4,089,750$693,250$681,625
04282Turner, ME 0428212.7 mi15$7,381,860$461,249$492,124
04069Pownal, ME 0406913.3 mi2$2,943,334$1,123,000$1,471,667
04265North Monmouth, ME 0426514.1 mi2$770,000$385,000$385,000
04008Bowdoinham, ME 0400815.6 mi2$1,532,500$766,250$766,250
04039Gray, ME 0403916.6 mi15$9,837,600$657,450$655,840
04097North Yarmouth, ME 0409716.9 mi8$5,918,000$620,000$739,750

Frequently Asked Questions

How many homes are for sale in LEWISTON, ME 04240?

As of June 2026, there are 65 active listings in LEWISTON, ME (zip code 04240), compared to 52 the prior year.

What is the median home price in LEWISTON, ME 04240?

The median listing price in LEWISTON, ME 04240 is $354,500 as of June 2026, a 0.2% increase from $353,725 the prior year.

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

Homes in LEWISTON, ME 04240 spend an average of 33 days on the market before going under contract, compared to 25 days the prior year.

Is it a seller's or buyer's market in LEWISTON, ME 04240?

Based on current inventory and days-on-market data as of June 2026, LEWISTON, ME 04240 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 33 days on market compared to 25 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEWISTON, ME 04240 save an estimated $7,090 compared to a typical 5% commission on the median listing price of $354,500. 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.