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LEWISTON, ME 04240

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The LEWISTON, ME real estate market (04240) currently shows 34 active listings, with 9 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 38 days on market compared to 22 days last year.

The median listing price has fallen 3.8% year-over-year, from $371,500 to $357,450.

Whether you are buying or selling in LEWISTON, 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 Context

Market Context

Population: 37,577  ·  Density: 424.9/mi²  ·  Median household income: $54,317

Typical home value: $189,534  ·  Homeownership: 49.5%

Market Overview

Active Listings
34
⇧ 36% vs 25 last year
Pending
9
26% pending ratio
Median Price
$357,450
⇩ 3.8% vs $371,500 last year
Average Price
$372,487
⇩ 8.3% vs $406,381 last year
Days on Market
38
⇧ 72.7% vs 22 days last year

Price Per Square Foot

Median $/sqft
$209
⇧ 11.2% vs $188/sqft last year
Median Home Size
1,428 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 25 last year
  • Days on market: 38 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $357,450 (-3.8% YoY)
  • Average: $372,487 (-8.3% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.9 miles — 116 listings ($60,466,536 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04240Lewiston, ME 042400.0 mi37$13,990,144$350,000$378,112
04250Lisbon, ME 042505.2 mi6$1,756,800$235,000$292,800
04236Greene, ME 042366.9 mi5$3,788,430$620,000$757,686
04222Durham, ME 042229.0 mi3$2,174,799$699,900$724,933
04287Bowdoin, ME 0428710.1 mi2$994,500$497,250$497,250
04274Poland, ME 0427411.5 mi8$2,913,600$429,000$364,200
04259Monmouth, ME 0425912.3 mi6$4,072,902$827,000$678,817
04282Turner, ME 0428212.7 mi18$8,955,396$462,000$497,522
04069Pownal, ME 0406913.3 mi3$3,888,999$599,000$1,296,333
04265North Monmouth, ME 0426514.1 mi4$1,504,900$365,000$376,225
04008Bowdoinham, ME 0400815.6 mi2$1,335,000$667,500$667,500
04039Gray, ME 0403916.6 mi15$8,545,275$535,000$569,685
04097North Yarmouth, ME 0409716.9 mi7$6,545,791$924,500$935,113

Frequently Asked Questions

How many homes are for sale in LEWISTON, ME 04240?

As of February 2026, there are 34 active listings in LEWISTON, ME (zip code 04240), compared to 25 the prior year.

What is the median home price in LEWISTON, ME 04240?

The median listing price in LEWISTON, ME 04240 is $357,450 as of February 2026, a 3.8% decrease from $371,500 the prior year.

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

Homes in LEWISTON, ME 04240 spend an average of 38 days on the market before going under contract, compared to 22 days the prior year.

Is it a seller's or buyer's market in LEWISTON, ME 04240?

Based on current inventory and days-on-market data as of February 2026, LEWISTON, ME 04240 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 38 days on market compared to 22 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LEWISTON, ME 04240 save an estimated $7,149 compared to a typical 5% commission on the median listing price of $357,450. 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.