Penobscot County, ME Home Values & Market Trends
The median home price in Penobscot County, ME is $245,446.94. There were 2,083 home sales in Penobscot County, ME over the past 12 months. The median residential Penobscot County, ME home value for transactions over the previous year is $199,084.675. The number of current listings in Penobscot County, ME is 114, and the percentage of properties for sale is 114.00%. The county has 62 foreclosures, 8 bank owned properties, 11 headed for auction, and 114 properties for sale.
Penobscot County, ME Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Bangor | $ 300,693 $ 174/sqft | Greenbush | $ 241,986 $ -- |
| Hampden | $ 437,727 $ 192/sqft | Eddington | $ 198,037 $ 125/sqft |
| Brewer | $ 237,800 $ 154/sqft | Dixmont | $ 337,308 $ 164/sqft |
| Old Town | $ 192,832 $ 186/sqft | Stetson | $ 329,900 $ 163/sqft |
| Orono | $ 321,789 $ 151/sqft | Bradford | $ -- $ -- |
| Orrington | $ 261,558 $ 187/sqft | Lagrange | $ -- $ -- |
| Dexter | $ 60,190 $ 116/sqft | Stacyville | $ -- $ -- |
| Lincoln | $ 300,694 $ 121/sqft | West Enfield | $ -- $ -- |
| Levant | $ 452,322 $ 262/sqft | Winn | $ -- $ -- |
| Newport | $ 362,450 $ 278/sqft | Stillwater | $ -- $ -- |
| East Millinocket | $ 253,687 $ 126/sqft | Kingman | $ -- $ -- |
| Corinth | $ 195,012 $ 146/sqft | Medway | $ -- $ -- |
| Corinna | $ 255,000 $ 162/sqft | Etna | $ -- $ -- |
| Holden | $ 515,519 $ 185/sqft | Hudson | $ -- $ -- |
| Plymouth | $ 424,949 $ 193/sqft | Patten | $ -- $ -- |
| Millinocket | $ 69,520 $ 15/sqft | Kenduskeag | $ -- $ -- |
| Carmel | $ 342,955 $ 207/sqft | Passadumkeag | $ -- $ -- |
| Charleston | $ 182,934 $ 87/sqft | Lee | $ -- $ -- |
| Bradley | $ 341,200 $ 135/sqft | Howland | $ -- $ -- |
| Burlington | $ 196,451 $ 94/sqft | Springfield | $ -- $ -- |
| Milford | $ 152,100 $ 81/sqft | Mattawamkeag | $ -- $ -- |
| Exeter | $ 242,455 $ 186/sqft | Garland | $ -- $ -- |
Housing Market Summary for Penobscot County, ME
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $260K | $251K | -3.46% |
| Median Sold Price | $210.5K | $251K | 19.23% |
| Homes For Sale | 65 | 84 | 29.23% |
| Homes Sold | 834 | 843 | 1.08% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Penobscot County, ME
Browse Homes in Penobscot County, ME
Penobscot County, ME home values range from $20,098 to $18,611,789. Holden is the priciest city with a median listing home price of $524,950, and Dexter is most affordable with average house prices of around $93,700.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Penobscot County, ME with Lincoln containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 44 cities within Penobscot County, ME; of those cities, the estimated home value for pre-foreclosure homes ranges from $288,035 in Levant to the lowest home value of $81,400 in Greenbush.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Penobscot County, ME ranges from the highest value of $239,700 in Bangor to the lowest value of $52,561 in Mattawamkeag. Bank owned homes and properties account for 0.02% of properties in Penobscot County, ME. There are 44 cities within Penobscot County, ME; Brewer containing 2 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsCorinth has 2 auction properties, the highest number of properties going to auction in a single city in the state of Penobscot County, ME. Auction homes and other auction properties account for 0.02% of all properties in Penobscot County, ME. There are 44 cities within Penobscot County, ME; of those cities, the median estimated home value for homes going to auction ranges from $385,410 in Orrington to the lowest value of $135,198 in Orrington.
Compare Nearby Cities
More Real Estate Resources for Penobscot County, ME
Guide for Penobscot County, ME
The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.
Learn how a short sale can stop the foreclosure process.
Learn effective strategies to safeguard your credit score after experiencing a foreclosure.
The blog examines the various trends in the real estate market of Helena, East Helena, Jefferson City, Townsend, Cascade, and Deer Lodge in Montana, highlighting the nuances and unique dynamics in each city.