Call or Text (240) SELL-123

BINGHAM, ME 04920

Real Estate Market Report  ·  Somerset County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The BINGHAM, ME real estate market (04920) currently shows 15 active listings, with 3 pending sales. Homes are averaging 176 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 176 days on market compared to 103 days last year.

The median listing price has fallen 11.7% year-over-year, from $150,000 to $132,450.

Whether you are buying or selling in BINGHAM, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for BINGHAM, ME 04920 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 1,688  ·  Density: 3.0/mi²  ·  Median household income: $40,250

Typical home value: $96,535  ·  Homeownership: 74.7%

Market Overview

Active Listings
15
⇧ 66.7% vs 9 last year
Pending
3
20% pending ratio
Median Price
$132,450
⇩ 11.7% vs $150,000 last year
Average Price
$231,794
⇧ 38.6% vs $167,200 last year
Days on Market
176
⇧ 70.9% vs 103 days last year

Price Per Square Foot

Median $/sqft
$143
⇩ 29.6% vs $203/sqft last year
Median Home Size
1,170 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 9 last year
  • Days on market: 176 now vs 103 last year

Median & Average Pricing

Year over Year
  • Median: $132,450 (-11.7% YoY)
  • Average: $231,794 (+38.6% 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 27.6 miles — 125 listings ($49,618,716 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04920Bingham, ME 049200.0 mi18$4,396,302$149,999$244,239
04912Athens, ME 0491212.4 mi5$1,243,625$212,450$248,725
04406Abbot, ME 0440614.6 mi1$109,000$109,000$109,000
04961New Portland, ME 0496116.3 mi17$11,142,565$425,000$655,445
04950Madison, ME 0495019.5 mi23$5,155,726$239,900$224,162
04485Shirley Mills, ME 0448520.3 mi4$2,971,868$414,500$742,967
04464Monson, ME 0446420.5 mi7$2,288,951$277,175$326,993
04443Guilford, ME 0444322.9 mi20$6,517,480$279,000$325,874
04911Anson, ME 0491123.8 mi7$1,552,467$199,675$221,781
04971Saint Albans, ME 0497125.2 mi7$1,514,051$263,725$216,293
04442Greenville Junction, ME 0444225.9 mi3$1,312,350$437,450$437,450
04983Strong, ME 0498326.4 mi10$9,865,830$269,750$986,583
04982Stratton, ME 0498227.6 mi3$1,548,501$399,000$516,167

Frequently Asked Questions

How many homes are for sale in BINGHAM, ME 04920?

As of March 2026, there are 15 active listings in BINGHAM, ME (zip code 04920), compared to 9 the prior year.

What is the median home price in BINGHAM, ME 04920?

The median listing price in BINGHAM, ME 04920 is $132,450 as of March 2026, a 11.7% decrease from $150,000 the prior year.

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

Homes in BINGHAM, ME 04920 spend an average of 176 days on the market before going under contract, compared to 103 days the prior year.

Is it a seller's or buyer's market in BINGHAM, ME 04920?

Based on current inventory and days-on-market data as of March 2026, BINGHAM, ME 04920 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 176 days on market compared to 103 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BINGHAM, ME 04920 save an estimated $2,649 compared to a typical 5% commission on the median listing price of $132,450. 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.