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FARMINGTON, ME 04938

Real Estate Market Report  ·  Franklin County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The FARMINGTON, ME real estate market (04938) currently shows 25 active listings, with 2 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 59 days on market compared to 95 days last year.

The median listing price has risen 8.6% year-over-year, from $298,000 to $323,500.

Whether you are buying or selling in FARMINGTON, 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: 10,261  ·  Density: 32.3/mi²  ·  Median household income: $52,471

Typical home value: $181,645  ·  Homeownership: 60.8%

Market Overview

Active Listings
25
vs 25 last year
Pending
2
8% pending ratio
Median Price
$323,500
⇧ 8.6% vs $298,000 last year
Average Price
$370,280
⇧ 1.8% vs $363,772 last year
Days on Market
59
⇩ 37.9% vs 95 days last year

Price Per Square Foot

Median $/sqft
$195
⇩ 2.5% vs $200/sqft last year
Median Home Size
1,602 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 59 now vs 95 last year

Median & Average Pricing

Year over Year
  • Median: $323,500 (+8.6% YoY)
  • Average: $370,280 (+1.8% 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 21.4 miles — 117 listings ($36,262,349 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04938Farmington, ME 049380.0 mi21$7,337,736$298,500$349,416
04294Wilton, ME 042948.6 mi3$1,719,000$465,000$573,000
04956New Vineyard, ME 0495610.1 mi3$879,999$275,000$293,333
04911Anson, ME 0491110.9 mi7$1,552,467$199,675$221,781
04978Smithfield, ME 0497814.6 mi3$878,400$290,000$292,800
04349Kents Hill, ME 0434915.4 mi4$1,708,000$367,000$427,000
04224Dixfield, ME 0422415.6 mi16$4,829,600$258,500$301,850
04221Canton, ME 0422116.1 mi5$1,374,250$325,250$274,850
04285Weld, ME 0428517.5 mi2$368,276$196,350$184,138
04950Madison, ME 0495018.9 mi23$5,155,726$239,900$224,162
04355Readfield, ME 0435520.6 mi16$7,472,576$290,000$467,036
04257Mexico, ME 0425721.0 mi11$1,916,420$169,950$174,220
04290Peru, ME 0429021.4 mi3$1,069,899$299,000$356,633

Frequently Asked Questions

How many homes are for sale in FARMINGTON, ME 04938?

As of April 2026, there are 25 active listings in FARMINGTON, ME (zip code 04938), compared to 25 the prior year.

What is the median home price in FARMINGTON, ME 04938?

The median listing price in FARMINGTON, ME 04938 is $323,500 as of April 2026, a 8.6% increase from $298,000 the prior year.

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

Homes in FARMINGTON, ME 04938 spend an average of 59 days on the market before going under contract, compared to 95 days the prior year.

Is it a seller's or buyer's market in FARMINGTON, ME 04938?

Based on current inventory and days-on-market data as of April 2026, FARMINGTON, ME 04938 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 59 days on market compared to 95 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FARMINGTON, ME 04938 save an estimated $6,470 compared to a typical 5% commission on the median listing price of $323,500. 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.