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PALMYRA, ME 04965

Real Estate Market Report  ·  Somerset County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
⇩ 45.5% vs 11 last year
Pending
0
0% pending ratio
Median Price
$353,000
⇧ 31.2% vs $269,000 last year
Average Price
$373,992
⇧ 9.9% vs $340,406 last year
Days on Market
101
⇩ 25.7% vs 136 days last year

Market Context

Population: 2,147  ·  Density: 20.6/mi²  ·  Median household income: $59,643

Typical home value: $139,095  ·  Homeownership: 79.7%

Market Analysis

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

The PALMYRA, ME real estate market (04965) currently shows 6 active listings. Homes are averaging 101 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 101 days on market compared to 136 days last year.

The median listing price has risen 31.2% year-over-year, from $269,000 to $353,000.

Whether you are buying or selling in PALMYRA, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 11 last year
  • Days on market: 101 now vs 136 last year

Median & Average Pricing

Year over Year
  • Median: $353,000 (+31.2% YoY)
  • Average: $373,992 (+9.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.6 miles — 61 listings ($24,229,963 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04965Palmyra, ME 049650.0 mi6$2,243,952$353,000$373,992
04929Detroit, ME 049296.3 mi3$825,000$275,000$275,000
04953Newport, ME 049536.4 mi11$9,077,970$362,450$825,270
04928Corinna, ME 049288.9 mi6$1,210,800$220,000$201,800
04922Burnham, ME 0492211.0 mi5$1,346,250$281,500$269,250
04488Stetson, ME 0448812.5 mi2$744,000$372,000$372,000
04987Troy, ME 0498712.7 mi1$324,950$324,950$324,950
04923Cambridge, ME 0492313.8 mi3$1,454,001$375,000$484,667
04932Dixmont, ME 0493215.3 mi4$1,159,800$339,950$289,950
04419Carmel, ME 0441916.6 mi4$1,518,000$360,000$379,500
04939Garland, ME 0493917.5 mi5$1,336,900$269,000$267,380
04912Athens, ME 0491217.8 mi5$1,417,900$305,000$283,580
04427Corinth, ME 0442719.6 mi6$1,570,440$200,000$261,740

Frequently Asked Questions

How many homes are for sale in PALMYRA, ME 04965?

As of January 2026, there are 6 active listings in PALMYRA, ME (zip code 04965), compared to 11 the prior year.

What is the median home price in PALMYRA, ME 04965?

The median listing price in PALMYRA, ME 04965 is $353,000 as of January 2026, a 31.2% increase from $269,000 the prior year.

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

Homes in PALMYRA, ME 04965 spend an average of 101 days on the market before going under contract, compared to 136 days the prior year.

Is it a seller's or buyer's market in PALMYRA, ME 04965?

Based on current inventory and days-on-market data as of January 2026, PALMYRA, ME 04965 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 101 days on market compared to 136 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PALMYRA, ME 04965 save an estimated $7,060 compared to a typical 5% commission on the median listing price of $353,000. 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.