Housing Market & Real Estate Update: Union, ME (March 2, 2026)
Union, ME – March 2, 2026 – New listings stay limited ahead of spring, with asks from about $85K land to $750K waterfront; 30-year rates hover near 6%.
Inventory remains tight in Union (Knox County) heading into early spring, and the current mix of listings still stretches from smaller land/acreage options to higher-end single-family choices, including waterfront-leaning price points at the top end of what’s visible online.
Market snapshot (from public search + rates)
- Zillow’s local for-sale search page shows 7 active results spanning homes and land.
- Asking prices on that page run from about $85K for smaller acreage up to roughly $775K for a larger single-family home.
- Financing conditions eased slightly: Freddie Mac’s weekly 30-year fixed average was 5.98% as of Feb. 26, 2026.
What’s for sale (high-level)
On the lower end, the visible set includes a starter-priced home/mobile option around $175K and land tracts broadly in the $85K–$499K range. In the middle-to-upper band, move-in single-family listings appear clustered around the upper-$300Ks to mid-$700Ks, reinforcing how limited inventory can create a wide spread between entry-level opportunities and premium properties.
Local process note
For projects that may require site plan or subdivision review, the Planning Board meets the 2nd and 4th Wednesday at 6:30 p.m. when items are on the agenda.
What are locals seeing right now on days-to-offer and inspection negotiations?