Is Canaan, ME 04924 a buyer’s or seller’s market?

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

Canaan is a seller’s market. With about 3.7 months of supply and 17% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.7Under 4 months = seller’s market

Sold above original list16.7%Share of sales, last 3 months

Median sale-to-list99.3%Sold price ÷ list price

Median days on market62Listing to accepted offer

Median price per sq ft$243▲ +47.5% vs. last year

Run the numbers for 04924

Prefilled for 04924Can I win this house?Multiple-offer likelihood for a listing Prefilled for 04924Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Anson 04911Balanced $211 /sq ft Athens 04912Balanced $235 /sq ft Bingham 04920Buyer’s market $138 /sq ft Cambridge 04923Seller’s market $71 /sq ft Browse all markets →

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