Somerset County, ME Home Values & Market Trends
The median home price in Somerset County, ME is $245,000. There were 791 home sales in Somerset County, ME over the past 12 months. The median residential Somerset County, ME home value for transactions over the previous year is $162,000. The number of current listings in Somerset County, ME is 882, and the percentage of properties for sale is 882.00%. The county has 34 foreclosures, 2 bank owned properties, 6 headed for auction, and 882 properties for sale.
Somerset County, ME Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Skowhegan | $ 258,461 $ 175/sqft | Anson | $ 215,199 $ 177/sqft |
| Fairfield | $ 257,190 $ 197/sqft | Athens | $ 300,030 $ -- |
| Madison | $ 230,682 $ 191/sqft | Smithfield | $ 419,982 $ 237/sqft |
| Pittsfield | $ 235,090 $ 172/sqft | North Anson | $ 161,489 $ 116/sqft |
| Hartland | $ 183,064 $ 141/sqft | Detroit | $ 173,240 $ 134/sqft |
| Norridgewock | $ 264,753 $ 175/sqft | Harmony | $ 287,666 $ 203/sqft |
| Canaan | $ 279,995 $ 173/sqft | Jackman | $ 234,500 $ -- |
| Bingham | $ 145,447 $ 120/sqft | Cambridge | $ 221,478 $ -- |
| Saint Albans | $ 287,565 $ 189/sqft | Rockwood | $ 818,558 $ -- |
| New Portland | $ 215,315 $ 178/sqft | Caratunk | $ -- $ -- |
| Solon | $ 226,098 $ 140/sqft | Hinckley | $ -- $ -- |
| Palmyra | $ 286,232 $ -- | West Forks | $ -- $ -- |
Housing Market Summary for Somerset County, ME
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $239.9K | $243.9K | 1.67% |
| Median Sold Price | $234.7K | $228.7K | -2.55% |
| Homes For Sale | 670 | 882 | 31.64% |
| Homes Sold | 333 | 298 | -10.51% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Somerset County, ME
Browse Homes in Somerset County, ME
Somerset County, ME home values range from $11,332 to $1,700,000. Rockwood is the priciest city with a median listing home price of $820,000, and Bingham is most affordable with average house prices of around $165,000.
- Pre-ForeclosurePre-foreclosure homes account for 2.09% of all residential properties in Somerset County, ME with Madison containing 5 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 24 cities within Somerset County, ME; of those cities, the estimated home value for pre-foreclosure homes ranges from $310,154 in Skowhegan to the lowest home value of $27,900 in Athens.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Somerset County, ME ranges from the highest value of $229,083 in Palmyra to the lowest value of $136,063 in Saint Albans. Bank owned homes and properties account for 0.16% of properties in Somerset County, ME. There are 24 cities within Somerset County, ME; Palmyra containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMadison has 2 auction properties, the highest number of properties going to auction in a single city in the state of Somerset County, ME. Auction homes and other auction properties account for 0.48% of all properties in Somerset County, ME. There are 24 cities within Somerset County, ME; of those cities, the median estimated home value for homes going to auction ranges from $84,900 in Skowhegan to the lowest value of $84,900 in Skowhegan.
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More Real Estate Resources for Somerset County, ME
Guide for Somerset County, ME
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
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