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ISLAND FALLS, ME 04747

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

Market Analysis

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

The ISLAND FALLS, ME real estate market (04747) currently shows 10 active listings. Homes are averaging 121 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 121 days on market compared to 32 days last year.

The median listing price has fallen 48.3% year-over-year, from $471,875 to $243,750.

Whether you are buying or selling in ISLAND FALLS, 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: 1,295  ·  Density: 1.6/mi²  ·  Median household income: $55,104

Typical home value: $112,085  ·  Homeownership: 82.5%

Market Overview

Active Listings
10
⇧ 233.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$243,750
⇩ 48.3% vs $471,875 last year
Average Price
$342,305
⇩ 27% vs $469,063 last year
Days on Market
121
⇧ 278.1% vs 32 days last year

Price Per Square Foot

Median $/sqft
$126
⇩ 13.7% vs $146/sqft last year
Median Home Size
1,675 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 3 last year
  • Days on market: 121 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $243,750 (-48.3% YoY)
  • Average: $342,305 (-27% 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 43.4 miles — 187 listings ($46,864,706 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04747Island Falls, ME 047470.0 mi9$3,262,698$260,000$362,522
04776Sherman, ME 0477611.2 mi5$771,875$142,250$154,375
04777Stacyville, ME 0477716.1 mi3$614,850$204,950$204,950
04471Orient, ME 0447117.3 mi4$1,032,852$209,925$258,213
04730Houlton, ME 0473018.2 mi39$8,196,318$167,450$210,162
04451Kingman, ME 0445123.9 mi3$1,138,899$250,000$379,633
04459Mattawamkeag, ME 0445925.8 mi3$397,401$97,500$132,467
04430East Millinocket, ME 0443028.1 mi16$3,136,608$195,000$196,038
04764Oxbow, ME 0476429.8 mi3$183,900$69,000$61,300
04413Brookton, ME 0441332.4 mi2$644,500$322,250$322,250
04462Millinocket, ME 0446235.8 mi55$16,886,870$202,450$307,034
04457Lincoln, ME 0445739.0 mi35$9,027,935$227,000$257,941
04455Lee, ME 0445543.4 mi10$1,570,000$119,000$157,000

Frequently Asked Questions

How many homes are for sale in ISLAND FALLS, ME 04747?

As of February 2026, there are 10 active listings in ISLAND FALLS, ME (zip code 04747), compared to 3 the prior year.

What is the median home price in ISLAND FALLS, ME 04747?

The median listing price in ISLAND FALLS, ME 04747 is $243,750 as of February 2026, a 48.3% decrease from $471,875 the prior year.

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

Homes in ISLAND FALLS, ME 04747 spend an average of 121 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in ISLAND FALLS, ME 04747?

Based on current inventory and days-on-market data as of February 2026, ISLAND FALLS, ME 04747 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 121 days on market compared to 32 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ISLAND FALLS, ME 04747 save an estimated $4,875 compared to a typical 5% commission on the median listing price of $243,750. 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.