The story of this market
The typical home in Penobscot County, Maine sells for about $304,510, or $192 per square foot.
Prices are up +7.34% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. Over the long run, values in this county have grown 119% since 2000. Last year 21 of 33 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is winter weather, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,500 a month.
FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
0%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+15.7%). Worst: 2009 (-4.6%). Hover to read a year.
Monthly price momentum
Home values since 2015
+6.8%
ME · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Neighborhood price trend
Long-run price trend, 2000–2025
0%
2025 change
FHFA repeat-sales index, median of 33 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
26
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $41,151,046.
Mortgage activity
Home lending in this county
78.5%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 5813 | 3403 | 78.5% | 7.9% | $165,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Penobscot County, Maine
The Penobscot County housing market shows signs of resilience with a year-over-year price increase of 7.34% as of June 2026. While sales volume remains sensitive to broader economic shifts, the market is experiencing active demand with 382 closed sales in the reported quarter. Inventory remains constrained, keeping upward pressure on prices.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 5 cities · 11 ZIP reports
Median prices moved up 0.6% year over year.
Homes spend a median of 73 days on market with 1.1 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 73.41% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
Deterministic aggregate of 11 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Sep 14, 2026.
researched Sep 26
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| 04401 | Bangor | $299,450 | $190 | +16.6% | 48 | — | — | — | 120 | $1,076 | researched Sep 26 |
| 04402 | Bangor | $295,000 | $193 | -3% | 23 | — | — | — | 121 | $1,595 | researched Sep 26 |
| 04412 | Brewer | $429,000 | $177 | — | 84 | 98% | — | — | 41 | $1,086 | researched Sep 26 |
| 04416 | Bucksport | $292,000 | $157 | +2.1% | 68 | 97.2% | 12.5% | 4.8 | 42 | $881 | researched Sep 26 |
| 04423 | — | $367,906 | $226 | -2.4% | 57 | 100% | — | 9.6 | — | $1,500 | researched Sep 26 |
| 04427 | Corinth | $273,940 | $158 | +5.7% | 53 | 98% | — | — | 13 | $883 | researched Sep 26 |
| 04429 | Holden | $303,900 | $205 | — | 72 | — | — | — | 29 | $1,348 | researched Sep 26 |
| 04444 | Hampden | $361,000 | $185 | +1.2% | 62 | 98.5% | 12% | 4.2 | 48 | $1,238 | researched Sep 26 |
| 04462 | Millinocket | $195,000 | $139 | — | 48 | — | — | — | 251 | $451 | researched Sep 26 |
| 04468 | Old Town | $260,000 | $155 | +2.1% | 48 | 98.2% | 12% | 3.8 | 32 | $967 | researched Sep 26 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Data sourced from MaineHousing 2019 Housing Facts and Affordability Index.
Municipalities may place a tax lien on a property for unpaid taxes. If the taxes, interest, and costs are not paid within 18 months of the filing of the tax lien certificate, the lien automatically forecloses, and the municipality acquires title to the property.
36 M.R.S. § 943; establishes the automatic foreclosure process and notice requirements.
Maine requires a judicial process for mortgage foreclosure. The process involves a notice of default, followed by the filing of a foreclosure summons and complaint in court. The property owner has rights to participate in mediation and a redemption period as determined by the court.
Governed by Maine Rules of Civil Procedure and state statutes; judicial foreclosure is the standard procedure.
Sellers must provide a written disclosure statement to the purchaser covering the water supply system, heating system, waste disposal system, and the presence of hazardous materials (asbestos, lead-based paint, radon).
33 M.R.S. § 173; enacted 1999, with subsequent amendments regarding specific system disclosures.
applies when — The parcel must be the permanent residence of the owner and the owner must have been a Maine resident for at least 12 months prior to April 1st of the tax year.
Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
36 M.R.S. § 683; effective for tax years beginning on or after April 1, 2016.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.