Penobscot County, ME Housing Market Brief
county · ME · score computed October 2026
What is Penobscot County, ME’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 5 of 5 (population 103,008–9,808,667) · comparable within its band
Where is Penobscot County, ME in its market cycle?
Penobscot County, ME is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Penobscot County, ME?
County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Penobscot County, ME housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $274K | ▼ -0.2% | Redfin |
| Median Days on Market | 56 days | ▼ -1.7% | Redfin |
| Months of Supply | 4.5 | ▲ +4.7% | Redfin |
| Homes for Sale | 775 | ▲ +4.9% | Redfin |
| Homes Sold | 171 | ▲ +0.6% | Redfin |
| Median Price / Sq Ft | $185 | ▲ +2.3% | Redfin |
How has Penobscot County, ME’s Alpha Score moved?
Markets like Penobscot County, ME
Frequently asked questions
Is Penobscot County, ME a buyer's or seller's market?
In the scores computed October 2026, Penobscot County, ME is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Penobscot County, ME?
The median sale price in Penobscot County, ME is $274K, having held roughly steady over the past year, according to Redfin.
How affordable is Penobscot County, ME?
Penobscot County, ME scores 38 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Penobscot County, ME's Alpha Score?
Penobscot County, ME's strongest dimension is Price Momentum (59/100) and its weakest is Affordability (38/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Penobscot County, ME? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.