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TROY, ME 04987

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

Market Overview

Active Listings
1
⇩ 75% vs 4 last year
Pending
1
100% pending ratio
Median Price
$324,950
⇩ 34.9% vs $499,000 last year
Average Price
$324,950
⇩ 41.2% vs $552,933 last year
Days on Market
60
⇩ 61.8% vs 157 days last year

Market Context

Population: 962  ·  Density: 10.6/mi²  ·  Median household income: $45,800

Typical home value: $164,775  ·  Homeownership: 93.3%

Market Analysis

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

The TROY, ME real estate market (04987) currently shows 1 active listings, with 1 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 60 days on market compared to 157 days last year.

The median listing price has fallen 34.9% year-over-year, from $499,000 to $324,950.

Whether you are buying or selling in TROY, 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: 1 this year vs 4 last year
  • Days on market: 60 now vs 157 last year

Median & Average Pricing

Year over Year
  • Median: $324,950 (-34.9% YoY)
  • Average: $324,950 (-41.2% 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 18.7 miles — 88 listings ($44,340,896 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04987Troy, ME 049870.0 mi1$324,950$324,950$324,950
04922Burnham, ME 049226.4 mi5$1,346,250$281,500$269,250
04988Unity, ME 049887.8 mi5$1,884,690$374,375$376,938
04434Etna, ME 044349.4 mi8$2,624,000$324,000$328,000
04967Pittsfield, ME 0496711.1 mi10$3,071,670$299,000$307,167
04953Newport, ME 0495312.5 mi11$9,077,970$362,450$825,270
04419Carmel, ME 0441913.6 mi4$1,518,000$360,000$379,500
04910Albion, ME 0491014.5 mi4$1,264,668$278,500$316,167
04488Stetson, ME 0448815.3 mi2$744,000$372,000$372,000
04924Canaan, ME 0492416.1 mi6$2,799,798$370,000$466,633
04438Frankfort, ME 0443817.4 mi2$669,900$334,950$334,950
04915Belfast, ME 0491518.0 mi25$17,786,200$585,000$711,448
04971Saint Albans, ME 0497118.7 mi5$1,228,800$279,000$245,760

Frequently Asked Questions

How many homes are for sale in TROY, ME 04987?

As of January 2026, there are 1 active listings in TROY, ME (zip code 04987), compared to 4 the prior year.

What is the median home price in TROY, ME 04987?

The median listing price in TROY, ME 04987 is $324,950 as of January 2026, a 34.9% decrease from $499,000 the prior year.

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

Homes in TROY, ME 04987 spend an average of 60 days on the market before going under contract, compared to 157 days the prior year.

Is it a seller's or buyer's market in TROY, ME 04987?

Based on current inventory and days-on-market data as of January 2026, TROY, ME 04987 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 60 days on market compared to 157 days last year.

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

With SELL123.com's maximum 3% commission, sellers in TROY, ME 04987 save an estimated $6,499 compared to a typical 5% commission on the median listing price of $324,950. 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.