Somerset County, ME

Land Market Insights and Pricing in Somerset County, Maine

On average, land listings in Somerset County, ME have a lot size of 50 acres and are priced around $359,561. The median price per acre in Somerset County, ME is $7,269.
Market Trends
Properties for Sale
330
Total Acreage for Sale
4,232 ac
Median Lot Size
23 ac
Average Lot Size
49.8 ac
Median List Price
$275,000
Average List Price
$359,561
Median Price Per Acre
$7,269 / ac
Total Price Reductions
Median Days on Market
149 days

Land for Sale in Somerset County,

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About Somerset County, ME
Somerset County, Maine, offers vast land opportunities across its 4,094 square miles, making it the third-largest county in the state. This expansive territory features diverse terrain, including notable mountains like Boundary Bald and Mount Bigelow, alongside significant water bodies such as Flagstaff Lake and the Kennebec River. With a low population density of 13.3 inhabitants per square mile, Somerset appeals to those seeking remote or undeveloped land, particularly in its unorganized territories. The county's landscape is characterized by a mix of forested areas, rivers, and mountainous regions, providing ample options for nature enthusiasts and land investors. While the median household price of $155,200 is notably lower than the national average, potential buyers should be aware of the slightly higher-than-average property tax rate of 1.16%. Somerset's economy is anchored by educational services and healthcare, with these sectors employing nearly a quarter of the workforce.

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Disclaimer: The metrics displayed on this page are calculated based on listings advertised on the Land Network for properties over 10 acres, excluding commercial properties. The data reflects the characteristics and trends of these specific types of listings. If you have any questions or need more detailed information, please contact Customer Support.