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Knox Ledge Corner

THORNDIKE, ME 04986

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

Market Analysis

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

The THORNDIKE, ME real estate market (04986) currently shows 4 active listings, with 1 pending sales. Homes are averaging 123 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 123 days on market compared to 82 days last year.

The median listing price has risen 78.4% year-over-year, from $269,000 to $479,950.

Whether you are buying or selling in THORNDIKE, 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: 2,382  ·  Density: 16.9/mi²  ·  Median household income: $57,463

Typical home value: $151,900  ·  Homeownership: 81.1%

Market Overview

Active Listings
4
⇩ 20% vs 5 last year
Pending
1
25% pending ratio
Median Price
$479,950
⇧ 78.4% vs $269,000 last year
Average Price
$427,475
⇧ 40.4% vs $304,540 last year
Days on Market
123
⇧ 50% vs 82 days last year

Price Per Square Foot

Median $/sqft
$412
⇧ 155.9% vs $161/sqft last year
Median Home Size
911 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 5 last year
  • Days on market: 123 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $479,950 (+78.4% YoY)
  • Average: $427,475 (+40.4% 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 18.4 miles — 156 listings ($63,462,745 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04986Thorndike, ME 049860.0 mi5$1,738,395$358,675$347,679
04941Freedom, ME 049417.2 mi7$2,330,860$359,900$332,980
04987Troy, ME 049878.9 mi1$249,900$249,900$249,900
04952Morrill, ME 0495210.7 mi4$720,000$172,000$180,000
04932Dixmont, ME 0493210.8 mi4$1,139,900$339,950$284,975
04922Burnham, ME 0492212.1 mi4$1,077,332$294,000$269,333
04949Liberty, ME 0494914.1 mi7$3,862,250$418,500$551,750
04974Searsport, ME 0497415.1 mi16$8,822,928$399,500$551,433
04434Etna, ME 0443416.7 mi3$1,157,499$497,500$385,833
04901Waterville, ME 0490117.1 mi51$14,096,757$262,625$276,407
04358South China, ME 0435817.9 mi17$8,471,882$413,500$498,346
04444Hampden, ME 0444418.1 mi30$17,841,300$517,500$594,710
04967Pittsfield, ME 0496718.4 mi7$1,953,742$272,000$279,106

Frequently Asked Questions

How many homes are for sale in THORNDIKE, ME 04986?

As of March 2026, there are 4 active listings in THORNDIKE, ME (zip code 04986), compared to 5 the prior year.

What is the median home price in THORNDIKE, ME 04986?

The median listing price in THORNDIKE, ME 04986 is $479,950 as of March 2026, a 78.4% increase from $269,000 the prior year.

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

Homes in THORNDIKE, ME 04986 spend an average of 123 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in THORNDIKE, ME 04986?

Based on current inventory and days-on-market data as of March 2026, THORNDIKE, ME 04986 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 123 days on market compared to 82 days last year.

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

With SELL123.com's maximum 3% commission, sellers in THORNDIKE, ME 04986 save an estimated $9,599 compared to a typical 5% commission on the median listing price of $479,950. 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.