Despite February typically being a slower month for Maine’s single-family home market, home prices continued to show steady growth. The median sales price rose 3.47 percent to $395,000, meaning half of the homes sold for more and half sold for less. According to Maine Listings, Realtors closed 691 home sales statewide in February, representing an 8.84 percent decrease compared to the same time last year.
Historically, February marks the low point in annual home sales volume. The recent data suggests that fewer Maine homeowners chose to list their properties and fewer buyers entered contracts during the 2025 holiday season and year-end period.
Encouragingly, there are signs that several Maine markets are moving toward a more balanced environment for both buyers and sellers. Current data indicates that negotiations are becoming more common, as the statewide median sold price—and the median price in more than half of Maine’s counties—has softened slightly over the past rolling quarter compared to the previous year.
Our company continues to excel with a staff of exceptional local agents who know the market. We are proud to remain a leading real estate firm in Lincoln County as we serve buyers and sellers. As of the date of this report, our brokers have assisted 19 families this year with a total sales volume of $8,418,600. As a locally owned company, Newcastle Realty is committed to supporting our local communities and families. Through our Charitable Giving and Community Outreach committee, a portion of every transaction is invested back into Lincoln County. Over the past 30 years, we have donated over $470,000 and hundreds of hours to local organizations. Learn more about our charitable giving at https://mynewcastle.com/about/community-support/.
Most of the year-to-date 2026 property sales locally have occurred in Waldoboro (17), Bristol (16), Wiscasset (7), Jefferson (6), and Dresden (5). Slightly fewer sales have happened so far in Nobleboro (3), Whitefield (3), Boothbay Harbor (4), Westport Island (3), Southport (3), South Bristol (4), Edgecomb (3), Boothbay (4), and Newcastle (4). Towns seeing even fewer sales include Damariscotta (2), Alna (1), Bremen (1), Somerville (0), and Monhegan Island (0).
There are 128 single-family homes for sale in Lincoln County, with 50% percent of those priced at or above $500,000. The 543 residential sales that have occurred in the last 365 days represent transactions in the range of under $100,000 (3%), $100,000- $249,999 (12%), $250,000-$499,999 (45%), $500,000-$999,999 (30%), and $1 million-plus (11%). Listing inventory remains low—it is a great time to sell and our brokers are ready to answer your questions about the process.
The current market absorption rates for Lincoln County homes are 0.9 months (under $100,000), 2.9 months ($100,000- $249,999), 2.7 months ($250,000-$499,999), 3.2 months ($500,000-$999,999), and 3.9 months ($1 million and up). This tells us how long it would take for existing inventories to be absorbed into the market at current rates of sales if no new listings were introduced.
Newcastle Realty tracks Lincoln County and statewide sales, along with other important metrics, which keep our brokers fully informed of current market conditions and emerging trends as they serve buyer and seller client needs. Questions or comments may be directed to Dennis Hilton, President of Newcastle Realty at dennishilton@cheneycompanies.com or 207- 380-3435.
∗ Sales statistics based on information from the Maine Real Estate Information System, Inc. (d/b/a Maine Listings) for the period 1/01/2026 through 3/15/2026.
