Hancock County, ME Home Values & Market Trends

The median home price in Hancock County, ME is $408,579.3. There were 712 home sales in Hancock County, ME over the past 12 months. The median residential Hancock County, ME home value for transactions over the previous year is $230,781.5. The number of current listings in Hancock County, ME is 38, and the percentage of properties for sale is 38.00%. The county has 16 foreclosures, 4 bank owned properties, 2 headed for auction, and 38 properties for sale.

Hancock County, ME Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Deer Isle

$ 469,172

$ 258/sqft

Prospect Harbor

$ --

$ --

Bar Harbor

$ 620,021

$ 435/sqft

Birch Harbor

$ --

$ --

Franklin

$ 459,000

$ 198/sqft

Northeast Harbor

$ --

$ --

Gouldsboro

$ 329,670

$ 181/sqft

Ellsworth

$ --

$ --

Bucksport

$ 346,306

$ 143/sqft

Aurora

$ --

$ --

Hancock

$ 458,796

$ 218/sqft

Cranberry Isles

$ --

$ --

Swans Island

$ 385,000

$ 211/sqft

Blue Hill

$ --

$ --

Sullivan

$ 364,450

$ 347/sqft

East Blue Hill

$ --

$ --

Mount Desert

$ 1,622,943

$ 675/sqft

Winter Harbor

$ --

$ --

Brooklin

$ 433,235

$ 595/sqft

Islesford

$ --

$ --

Stonington

$ 193,445

$ 125/sqft

Corea

$ --

$ --

Southwest Harbor

$ 725,081

$ 145/sqft

Frenchboro

$ --

$ --

Harborside

$ 259,000

$ 154/sqft

Seal Cove

$ --

$ --

Orland

$ 375,769

$ 127/sqft

Seal Harbor

$ --

$ --

Penobscot

$ 2,385,000

$ 1,141/sqft

Bass Harbor

$ --

$ --

Sedgwick

$ 292,500

$ 276/sqft

Sorrento

$ --

$ --

Surry

$ 915,000

$ 543/sqft

Castine

$ --

$ --

Little Deer Isle

$ --

$ --

Bernard

$ --

$ --

Sargentville

$ --

$ --

Brooksville

$ --

$ --

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Housing Market Summary for Hancock County, ME

Apr 2023March 2024Change
Median Listing Price$392K$390K-0.51%
Median Sold Price$308K$390K26.63%
Homes For Sale304136.67%
Homes Sold316245-22.47%
Price
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Homes For Sale
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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%.

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Browse Homes in Hancock County, ME

Hancock County, ME home values range from $4,956 to $21,940,677. Southwest Harbor is the priciest city with a median listing home price of $2,784,000, and Stonington is most affordable with average house prices of around $249,000.

Foreclosure
There are 38 cities within Hancock County, ME; within these cities, the median estimated home value for homes in foreclosure ranges from $653,969 in Sullivan to the lowest value of $170,412 in Sullivan. Foreclosure homes account for 0.00% of properties in Hancock County, ME with Bucksport containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in Hancock County, ME with Bucksport containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 38 cities within Hancock County, ME; of those cities, the estimated home value for pre-foreclosure homes ranges from $314,087 in Mount Desert to the lowest home value of $170,412 in Sullivan.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hancock County, ME ranges from the highest value of $236,244 in Frenchboro to the lowest value of $230,000 in Bucksport. Bank owned homes and properties account for 0.01% of properties in Hancock County, ME. There are 38 cities within Hancock County, ME; Bucksport containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Orland has 1 auction properties, the highest number of properties going to auction in a single city in the state of Hancock County, ME. Auction homes and other auction properties account for 0.01% of all properties in Hancock County, ME. There are 38 cities within Hancock County, ME; of those cities, the median estimated home value for homes going to auction ranges from $256,625 in Orland to the lowest value of $252,299 in Orland.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.14% of residential properties in Hancock County, ME with Deer Isle containing 5 homes for sale, the highest number of listed properties in a single city. There are 38 cities within Hancock County, ME; homes for sale in those cities, have a range of median values from $2,385,000 in Penobscot to the lowest value of $193,445 in Stonington.
    Sold Homes
    The median value for recently sold homes ranges from $578,105 in Harborside to the lowest price of $30,912 in Harborside. There are 38 cities within Hancock County, ME. Ellsworth has 37 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.87% of properties in Hancock County, ME.

      Compare Nearby Cities

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      Guide for Hancock County, ME

      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Pennsylvania
      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      See More Articles
      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Pennsylvania|posted 17 April 2024

      Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.

      Recently Listed Homes Hancock County, ME

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