Penobscot County, ME Housing Market Trends

Market Overview for Q1 2026

$259K -4.1% Y-o-Y -$11K Y-o-Y
$200 3.1% Y-o-Y $6 Y-o-Y
183 -29.6% Y-o-Y -77 Y-o-Y
Penobscot County, ME Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $203,000 $220,000 $230,000 $215,000
2023 $188,000 $240,000 $241,000 $240,000
2024 $249,000 $270,000 $265,000 $265,000
2025 $270,000 $265,000 $272,000 $270,000
2026 $259,000
Penobscot County, ME Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $148 $160 $174 $160
2023 $162 $184 $186 $181
2024 $181 $204 $201 $194
2025 $194 $211 $215 $195
2026 $200
Real Estate Transactions in Penobscot County, ME
Year Q1 Q2 Q3 Q4
2022 198 368 488 337
2023 210 266 378 324
2024 229 376 478 287
2025 260 361 478 421
2026 183
Penobscot County, ME Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $203,000 $220,000 $230,000 $215,000
2023 $188,000 $240,000 $241,000 $240,000
2024 $249,000 $270,000 $265,000 $265,000
2025 $270,000 $265,000 $272,000 $270,000
2026 $259,000
Penobscot County, ME Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $148 $160 $174 $160
2023 $162 $184 $186 $181
2024 $181 $204 $201 $194
2025 $194 $211 $215 $195
2026 $200
Real Estate Transactions in Penobscot County, ME
Year Q1 Q2 Q3 Q4
2022 198 368 488 337
2023 210 266 378 324
2024 229 376 478 287
2025 260 361 478 421
2026 183

Penobscot County, ME Housing Stock

Property Type
Units
Single Family
20,796
2-4 Family
23,330
Condo
669
Other
2,839

Penobscot County: Demographics

Total population
154,710
Median age
42.5
No high school education
1.4%
Some high school/college
36.4%
Bachelor's degree
17.0%
Average household income
$88,290
Occupied housing units
65,221
Owner-occupied units
70.5%
Renter-occupied units
29.5%
Median year structure built
1977