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PALERMO, ME 04354

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

Market Analysis

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

The PALERMO, ME real estate market (04354) currently shows 6 active listings. Homes are averaging 122 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 122 days on market compared to 66 days last year.

The median listing price has fallen 42.7% year-over-year, from $632,450 to $362,475.

Whether you are buying or selling in PALERMO, 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: 1,447  ·  Density: 13.8/mi²  ·  Median household income: $95,125

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

Market Overview

Active Listings
6
vs 6 last year
Pending
0
0% pending ratio
Median Price
$362,475
⇩ 42.7% vs $632,450 last year
Average Price
$428,149
⇩ 31.1% vs $621,850 last year
Days on Market
122
⇧ 84.8% vs 66 days last year

Price Per Square Foot

Median $/sqft
$229
⇩ 19.4% vs $284/sqft last year
Median Home Size
1,324 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 122 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $362,475 (-42.7% YoY)
  • Average: $428,149 (-31.1% 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 March 2026, there are 6 active listings in PALERMO, ME (zip code 04354), compared to 6 the prior year.

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

The median listing price in PALERMO, ME 04354 is $362,475 as of March 2026, a 42.7% decrease from $632,450 the prior year.

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

Homes in PALERMO, ME 04354 spend an average of 122 days on the market before going under contract, compared to 66 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 March 2026, PALERMO, ME 04354 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 122 days on market compared to 66 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 $7,250 compared to a typical 5% commission on the median listing price of $362,475. 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.