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Is Machias, ME 04654 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Machias is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.5Under 4 months = seller’s market
Sold above original list21.4%Share of sales, last 3 months
Median sale-to-list92.7%Sold price ÷ list price
Median days on market58Listing to accepted offer
Median price per sq ft$131▼ −12.3% vs. last year

The Machias housing market right now

In the three months ending August 31, 2026, 21% of homes in Machias, ME 04654 sold above their list price, the typical home went under contract in 58 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 14 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold faster (66 days then) and the median sale price fell 35% to $161,930. Overall, Machias is more competitive than a year ago, so tougher for buyers.

Within Washington County, homes here sell faster than in 61% of the county’s ZIP codes, and sell more often over asking than in 82%.

Nearby, buyers who want less competition could look at Baileyville 04694 (0% sold over asking) or Whiting 04691 (0% sold over asking), while Vanceboro 04491 (100% sold over asking) and Milbridge 04658 (50% sold over asking) are even more competitive.

Run the numbers for 04654

Prefilled for 04654Can I win this house?Multiple-offer likelihood for a listing Prefilled for 04654Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Addison 04606Seller’s market $191 /sq ftBaileyville 04694Buyer’s market $133 /sq ftBeals 04611Buyer’s market $449 /sq ftBrookton 04413Buyer’s market $57 /sq ft Browse all markets →

Towns like Machias nearby

Find towns like Machias in other states →
Princeton, ME04668 · 34 miles away86% similarcheaper homes ($54K less) · smaller Calais, ME04619 · 33 miles away83% similarcheaper homes ($61K less) East Machias, ME04630 · 5 miles away75% similarpricier homes ($40K more) · smaller Jonesport, ME04649 · 13 miles away72% similarcheaper homes ($30K less) · smaller

Where Machias is

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Questions about Machias real estate

Is Machias a buyer’s or seller’s market?

A buyer’s market: there were 7.5 months of supply in Machias, ME 04654 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Machias?

The typical home went under contract in 58 days in the latest three months.

Do homes in Machias sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 92.7% of the list price.

What are property taxes in Machias?

About 1.04% of a home’s value a year in Washington County, or roughly $4,160 on a $400,000 home.

What is the median home price in Machias?

The median sale price was $161,930 in the three months ending August 31, 2026, about $131 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology