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Andrew Welch HomesteadAndrew Welch Homestead · Photo: Magicpiano · CC BY-SA 3.0
Housing in Parsonsfield

31 homes sold in Parsonsfield in the last year, at a typical $369K

Redfin reports Parsonsfield’s sales by ZIP code, so these figures are for ZIP 04047, which takes in Parsonsfield 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 Parsonsfield homes are listed.

Homes for sale in ParsonsfieldZillowRealtor.comMore places to look ↓
Homes sold
31
ZIP 04047 · June 2025 to May 2026
Typical sale price
$369K
median, weighted by sales
Price per square foot
$264
Maine $260
Paid vs. asking
98.6%
34% sold over asking
For sale now
4
May 2026 · 2 sold that month
What sold · last 12 months · ZIP 04047

Houses are 100% of Parsonsfield’s sales, at a typical $369K

31 homes sold in the year to May 2026.

Houses$369K

typical sale · 31 sold in 12 months

Per square foot
$264ME $253
Days to sell
65
Sold over asking
34%
10 years of sales

About as many homes sell as usual, at 2.8 times the 2016 price

31 sales in the last year, against 44 in 2020 and a low of 22 in 2023. The typical sale went from $130K in 2016 to $369K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2016: 31 sold, typical $130K’162017: 41 sold, typical $156K2018: 29 sold, typical $176K’182019: 28 sold, typical $217K2020: 44 sold, typical $203K’202021: 44 sold, typical $251K2022: 35 sold, typical $288K’222023: 22 sold, typical $331K2024: 36 sold, typical $334K’242025: 37 sold, typical $357KLast 12 months: 31 sold, typical $369KNow

Source: Redfin Data Center, MLS sales; for ZIP 04047, which takes in Parsonsfield 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 your budget buys

What $350K buys in Parsonsfield

Houseat $264 a sq ft
The same money in Maineat $253 a sq ft

Is this asking price fair?

Check a listing against what Parsonsfield 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.

What the sales history says · 10 years of sales

Bidding wars in Parsonsfield are more common than before the pandemic, but 56% fewer homes come up for sale

We read every month of home sales in ZIP 04047 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, 31 sales.

If you’re buying in Parsonsfield

  • Shop in May. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
  • Bid near asking. Buyers paid 98.6% of the list price on average; 34% paid over.
  • You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 65 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 6 a month), but July is the most competitive: 30% of July sales close over asking. March has the least competition (17%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 17% sold over asking, 99 days to sellJFeb: 2 new listings a month, 19% sold over asking, 123 days to sellFMar: 3 new listings a month, 17% sold over asking, 118 days to sellMApr: 4 new listings a month, 25% sold over asking, 106 days to sellAMay: 5 new listings a month, 26% sold over asking, 74 days to sellMJun: 6 new listings a month, 28% sold over asking, 52 days to sellJJul: 6 new listings a month, 30% sold over asking, 76 days to sellJAug: 5 new listings a month, 29% sold over asking, 65 days to sellASep: 5 new listings a month, 27% sold over asking, 56 days to sellSOct: 4 new listings a month, 21% sold over asking, 61 days to sellONov: 2 new listings a month, 19% sold over asking, 88 days to sellNDec: 2 new listings a month, 19% sold over asking, 92 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Maine

Parsonsfield now2017–192021 peakME now
Sold over askingShare of sales that closed above the list price34%15%44%28%
Gone within two weeksShare of homes under contract within 14 days27%19%47%32%
Listings with a price cutShare of homes for sale that cut their price———22%
Price paid vs. askingAverage sale price ÷ list price98.6%96.2%99.8%98.1%
Days to sellMedian days from listing to contract651045157
Supply

7 homes for sale on a typical day

That’s 1.2 times the 2023 low (6), 56% fewer than in 2017–19 and well under 2016’s 22.

2016: 22 for sale’162017: 19 for sale2018: 17 for sale2019: 13 for sale’192020: 9 for sale2021: 8 for sale2022: 7 for sale’222023: 6 for sale2024: 10 for sale2025: 7 for sale’25Last 12 months: 7 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 04047, which takes in Parsonsfield 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.

Rent or buy?

Owning the typical Parsonsfield home costs about $2,191 a month

Mortgage
Property tax
Insurance
Rent

Price: Parsonsfield’s typical sale, last 12 months. Property tax at Parsonsfield’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Parsonsfield is affordable on local pay is on Cost of living.

Before you buy in Parsonsfield

Six things worth knowing

6

New listings in June

The month with the most choice. January has the fewest, about 2.

Best time to buy
0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $369K home, about $3,190 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Parsonsfield, from test results, graduation and how much students grow.

Schools in Parsonsfield
48 min

Typical commute

The average one-way trip to work for people who live in Parsonsfield.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Naples for far more

The busier markets within 25 miles of Parsonsfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Sanford284$378K$25736%43
Gorham87$554K$30647%36
Lake Arrowhead82$409K$28645%39
Bridgton39$444K$27110%83
Parsonsfield (ZIP 04047)31$369K$26434%65
Naples29$613K$39414%64
Steep Falls25$459K$31032%65

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.

Selling, or renting out?

Post your home to Parsonsfield, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Parsonsfield. People who follow the town see it, and so do people comparing Parsonsfield with their own town. No commission, no listing fee.

Questions about buying a home in Parsonsfield

What do homes sell for in Parsonsfield, ME?

31 homes sold in the year to May 2026 at a typical $369K, $264 a square foot.

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

A seller’s market: 4 homes were for sale in May 2026 and 2 sold, about 2 months of supply. Buyers paid 98.6% of asking on average.

When is the best time to buy in Parsonsfield?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Parsonsfield?

About 0.9% of a home’s value a year. On a $369K home that’s near $3,190.

Where can I see homes for sale in Parsonsfield?

Zillow, Redfin, Realtor.com and Homes.com all carry Parsonsfield’s MLS listings; the search links above open each one filtered to Parsonsfield.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 04047, which takes in Parsonsfield 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).