Shaker Village · Photo: Jamie Ribisi-Braley · CC BY-SA 3.050 homes sold in New Gloucester in the last year, at a typical $512K
Redfin reports New Gloucester’s sales by ZIP code, so these figures are for ZIP 04260, which takes in New Gloucester and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New Gloucester homes are listed.
Every place New Gloucester homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New Gloucester.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 95% of New Gloucester’s sales, at a typical $520K
50 homes sold in the year to May 2026.
typical sale · 47 sold in 12 months
- Per square foot
- $282ME $253
- Days to sell
- 32
- Sold over asking
- 50%
Fewer homes sell than a decade ago, at 2.4 times the 2016 price
50 sales in the last year, against 78 in 2017 and a low of 39 in 2023. The typical sale went from $214K in 2016 to $512K.
Source: Redfin Data Center, MLS sales; for ZIP 04260, which takes in New Gloucester and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in New Gloucester
Check a listing against what New Gloucester homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New Gloucester are more common than before the pandemic, but half fewer homes come up for sale
We read every month of home sales in ZIP 04260 since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 50 sales.
If you’re buying in New Gloucester
- Shop in September. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (49% over asking).
- Bid near asking. Buyers paid 100.5% of the list price on average; 48% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 9 a month), but August is the most competitive: 54% of August sales close over asking. August and September offer nearly as much choice with fewer homes bid up (54%). January has the least competition (41%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Maine
| New Gloucester now | 2017–19 | 2021 peak | ME now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 48% | 39% | 69% | 28% |
| Gone within two weeksShare of homes under contract within 14 days | 46% | 44% | 65% | 32% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 22% |
| Price paid vs. askingAverage sale price ÷ list price | 100.5% | 100.2% | 105.2% | 98.1% |
| Days to sellMedian days from listing to contract | 32 | 26 | 11 | 57 |
6 homes for sale on a typical day
That’s 1.5 times the 2023 low (4), 53% fewer than in 2017–19 and well under 2016’s 18.
Source: Redfin Data Center, ZIP code tracker; for ZIP 04260, which takes in New Gloucester and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New Gloucester home costs about $3,080 a month
Price: New Gloucester’s typical sale, last 12 months. Property tax at New Gloucester’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New Gloucester is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. January has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $512K home, about $4,900 a year.
Taxes vs. neighborsSchools
The schools grade for New Gloucester, from test results, graduation and how much students grow.
Schools in New GloucesterTypical commute
The average one-way trip to work for people who live in New Gloucester.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Auburn, Lewiston and Lisbon Falls sell for less a square foot; Cumberland Center for far more
The busier markets within 25 miles of New Gloucester, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lewiston | 344 | $334K | $202 | 46% | 40 |
| Auburn | 275 | $346K | $205 | 42% | 38 |
| North Windham | 63 | $456K | $299 | 41% | 24 |
| Lisbon Falls | 52 | $339K | $202 | 42% | 29 |
| New Gloucester (ZIP 04260) | 50 | $512K | $278 | 48% | 32 |
| Cumberland Center | 40 | $766K | $373 | 73% | 44 |
| Gray | 25 | $497K | $280 | 32% | 63 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New Gloucester, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New Gloucester. People who follow the town see it, and so do people comparing New Gloucester with their own town. No commission, no listing fee.
Questions about buying a home in New Gloucester
What do homes sell for in New Gloucester, ME?
50 homes sold in the year to May 2026 at a typical $512K, $278 a square foot.
Is New Gloucester a buyer’s or seller’s market?
A seller’s market: 3 homes were for sale in May 2026 and 2 sold, about 1.3 months of supply. Buyers paid 100.5% of asking on average.
When is the best time to buy in New Gloucester?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New Gloucester?
About 1% of a home’s value a year. On a $512K home that’s near $4,900.
Where can I see homes for sale in New Gloucester?
Zillow, Redfin, Realtor.com and Homes.com all carry New Gloucester’s MLS listings; the search links above open each one filtered to New Gloucester.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 04260, which takes in New Gloucester and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).