Maine foreclosures and housing market
How foreclosure works in Maine, which counties lean to buyers or sellers, and how many homes are for sale right now.
How's the market in Maine?
A strong buyer's market.
Listings spent about 68 days on the market, and 22% had a price cut in October 2026.
Market figures: Realtor.com® Economic Research, October 2026. Free weekly email. Unsubscribe anytime.
Distressed properties in Maine
Pre-foreclosures, auctions, bank-owned and HUD homes from county notices, with the street area instead of the house number.
Representative photoWe are not tracking properties in Maine yet
Our property list covers a handful of counties so far. Leave your email for the free weekly brief, and we will note that you want property alerts for Maine.
The closest place we track is Florida, with 1 property.
The Maine market in October 2026
Our score compares how many listings went under contract with how many were for sale, ranked against every US county. Low scores lean to buyers, high scores to sellers.
Maine market score
- Homes for sale
- 6,510
- US: 1,179,101
- Typical days on market
- 68
- US: 66
- Listings with a price cut
- 22%
- US: 21%
- Homes for sale vs pre-pandemic
- −34%
- US: −7%
- October 2026 vs the October average for 2017 to 2019.
Market score by county
Check any countyGray counties had too few listings to score. Tap a county for its full answer.
Most buyer-friendly counties
Lowest scores among counties with 50+ homes for sale.
- 7Franklin County83 days on market · 19% with a price cut · 270 for sale
- 8Washington County100 days on market · 15% with a price cut · 328 for sale
- 9Aroostook County82 days on market · 20% with a price cut · 431 for sale
- 10Somerset County80 days on market · 14% with a price cut · 262 for sale
- 10Waldo County78 days on market · 16% with a price cut · 253 for sale
Most seller-friendly counties
Highest scores among counties with 50+ homes for sale.
- 28Sagadahoc County46 days on market · 37% with a price cut · 121 for sale
- 27Lincoln County71 days on market · 14% with a price cut · 229 for sale
- 25Cumberland County51 days on market · 25% with a price cut · 1,005 for sale
- 23Kennebec County64 days on market · 26% with a price cut · 489 for sale
- 22Knox County92 days on market · 20% with a price cut · 277 for sale
Source: Realtor.com® Economic Research, October 2026 county data. County days on market are medians. State and US figures weight each county by its homes for sale. Price-cut share is the share of listings with a price reduction.
How foreclosure works in Maine
Maine foreclosures go through court.
- Main steps and notices
- For a primary residence, the lender sends a right-to-cure notice at least 35 days before filing suit.
- Primary residences of up to four units get a mediation request form with the complaint.
- After judgment there is a redemption period of up to 90 days. The sale is then published for three weeks and mailed to the parties at least 30 days ahead.
- Catching up before the sale
- The borrower has a right to cure before the suit, per the notice.
- After the sale
- There is no right to redeem after the sale.
- Before any of this starts
- Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind.
- Governing law
- 14 Maine Revised Statutes § 6111; § 6321 et seq.
Sources
- Justia, Foreclosure laws and procedures: 50-state survey (last reviewed November 2022)
- Nolo, Foreclosure redemption period rights (state chart)
- Consumer Financial Protection Bureau, How to avoid foreclosure
General information, not legal advice.
Laws change and each case differs. Anyone facing foreclosure should talk with a local attorney or a HUD-approved housing counselor.
Go deeper
- Check any county's marketPick a county in Maine and see whether it leans to buyers or sellers.
- Read the buying guidesHow to buy pre-foreclosures, auction homes, bank-owned homes, HUD homes and short sales.
- Help if you're behind on your mortgageWhere you are in the process, your options, free counselors and scam warnings.
Maine questions
Is foreclosure in Maine judicial or non-judicial?
Maine foreclosures go through court.
Can a homeowner get the home back after a foreclosure sale in Maine?
There is no right to redeem after the sale.
Can a borrower in Maine catch up on the loan before the sale?
The borrower has a right to cure before the suit, per the notice.
Is Maine a buyer's or seller's market right now?
A strong buyer's market. Maine scores 16 out of 100 on our market scale, where low scores lean to buyers. Listings spent about 68 days on the market, and 22% had a price cut in October 2026. Source: Realtor.com® Economic Research.
How far behind does a borrower have to be before foreclosure starts?
Under federal rules, a mortgage servicer generally can't make the first notice or filing for foreclosure until the borrower is more than 120 days behind. Source: Consumer Financial Protection Bureau.