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PALERMO, ME 04354

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The PALERMO, ME real estate market (04354) currently shows 20 active listings, with 3 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 50 days on market compared to 81 days last year.

The median listing price has fallen 3.6% year-over-year, from $415,000 to $399,900.

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Market Context

Market Context

Population: 1,447  ·  Density: 13.8/mi²  ·  Median household income: $95,125

Typical home value: $249,013  ·  Homeownership: 93.8%

Market Overview

Active Listings
20
⇧ 53.8% vs 13 last year
Pending
3
15% pending ratio
Median Price
$399,900
⇩ 3.6% vs $415,000 last year
Average Price
$454,385
⇧ 7.1% vs $424,099 last year
Days on Market
50
⇩ 38.3% vs 81 days last year

Price Per Square Foot

Median $/sqft
$234
⇩ 6% vs $249/sqft last year
Median Home Size
1,890 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 13 last year
  • Days on market: 50 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $399,900 (-3.6% YoY)
  • Average: $454,385 (+7.1% 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 20.2 miles — 162 listings ($76,278,480 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04354Palermo, ME 043540.0 mi4$1,919,900$374,950$479,975
04358South China, ME 043585.4 mi17$8,471,882$413,500$498,346
04910Albion, ME 049108.4 mi4$1,257,200$272,900$314,300
04363Windsor, ME 043639.5 mi9$4,374,252$490,000$486,028
04973Searsmont, ME 0497311.8 mi3$1,203,249$384,250$401,083
04348Jefferson, ME 0434813.0 mi10$5,378,030$532,250$537,803
04952Morrill, ME 0495214.1 mi4$720,000$172,000$180,000
04986Thorndike, ME 0498614.8 mi5$1,738,395$358,675$347,679
04330Augusta, ME 0433015.5 mi67$25,792,655$293,750$384,965
04921Brooks, ME 0492118.9 mi5$1,066,500$176,650$213,300
04849Lincolnville, ME 0484919.5 mi19$16,877,434$722,000$888,286
04927Clinton, ME 0492719.7 mi8$2,337,000$323,000$292,125
04555Nobleboro, ME 0455520.2 mi7$5,141,983$572,450$734,569

Frequently Asked Questions

How many homes are for sale in PALERMO, ME 04354?

As of September 2026, there are 20 active listings in PALERMO, ME (zip code 04354), compared to 13 the prior year.

What is the median home price in PALERMO, ME 04354?

The median listing price in PALERMO, ME 04354 is $399,900 as of September 2026, a 3.6% decrease from $415,000 the prior year.

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

Homes in PALERMO, ME 04354 spend an average of 50 days on the market before going under contract, compared to 81 days the prior year.

Is it a seller's or buyer's market in PALERMO, ME 04354?

Based on current inventory and days-on-market data as of September 2026, PALERMO, ME 04354 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 50 days on market compared to 81 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PALERMO, ME 04354 save an estimated $7,998 compared to a typical 5% commission on the median listing price of $399,900. 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.