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ISLAND FALLS, ME 04747

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

Market Analysis

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

The ISLAND FALLS, ME real estate market (04747) currently shows 21 active listings, with 6 pending sales. Homes are averaging 83 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are selling faster, averaging 83 days on market compared to 122 days last year.

The median listing price has risen 75.5% year-over-year, from $188,000 to $330,000.

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Market Context

Market Context

Population: 1,295  ·  Density: 1.6/mi²  ·  Median household income: $55,104

Typical home value: $112,085  ·  Homeownership: 82.5%

Market Overview

Active Listings
21
⇧ 110% vs 10 last year
Pending
6
29% pending ratio
Median Price
$330,000
⇧ 75.5% vs $188,000 last year
Average Price
$385,966
⇧ 66.4% vs $231,890 last year
Days on Market
83
⇩ 32% vs 122 days last year

Price Per Square Foot

Median $/sqft
$193
⇧ 60.8% vs $120/sqft last year
Median Home Size
1,509 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 10 last year
  • Days on market: 83 now vs 122 last year

Median & Average Pricing

Year over Year
  • Median: $330,000 (+75.5% YoY)
  • Average: $385,966 (+66.4% 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 39.3 miles — 60 listings ($12,689,400 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04747Island Falls, ME 047470.0 mi9$3,080,745$243,750$342,305
04776Sherman, ME 0477611.2 mi6$828,270$131,225$138,045
04761New Limerick, ME 0476115.9 mi2$212,400$106,200$106,200
04497Wytopitlock, ME 0449716.7 mi6$920,742$147,675$153,457
04733Benedicta, ME 0473317.4 mi3$587,325$197,425$195,775
04765Patten, ME 0476523.0 mi7$1,194,900$149,900$170,700
04424Danforth, ME 0442425.1 mi12$3,641,700$267,000$303,475
04460Medway, ME 0446026.5 mi4$607,668$151,250$151,917
04760Monticello, ME 0476029.3 mi1$154,500$154,500$154,500
04735Bridgewater, ME 0473530.9 mi2$94,400$47,200$47,200
04495Winn, ME 0449534.7 mi2$119,850$59,925$59,925
04487Springfield, ME 0448738.6 mi5$1,201,900$199,900$240,380
04734Blaine, ME 0473439.3 mi1$45,000$45,000$45,000

Frequently Asked Questions

How many homes are for sale in ISLAND FALLS, ME 04747?

As of September 2026, there are 21 active listings in ISLAND FALLS, ME (zip code 04747), compared to 10 the prior year.

What is the median home price in ISLAND FALLS, ME 04747?

The median listing price in ISLAND FALLS, ME 04747 is $330,000 as of September 2026, a 75.5% increase from $188,000 the prior year.

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

Homes in ISLAND FALLS, ME 04747 spend an average of 83 days on the market before going under contract, compared to 122 days the prior year.

Is it a seller's or buyer's market in ISLAND FALLS, ME 04747?

Based on current inventory and days-on-market data as of September 2026, ISLAND FALLS, ME 04747 is currently a Balanced Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are selling faster, averaging 83 days on market compared to 122 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ISLAND FALLS, ME 04747 save an estimated $6,600 compared to a typical 5% commission on the median listing price of $330,000. 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.