47Alpha

Penobscot County, ME Housing Market Brief

county · ME · as of May 2026

Balanced

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.

Price Momentum20%
-13.440
Inventory Health25%
+0.735
Affordability20%
39
Economic Strength20%
+0.865
Rental Yield15%
67

Where is Penobscot County, ME in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Penobscot County, ME is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Penobscot County, ME housing market data

MetricValueYoY
Median Sale Price$300K-0.8%
Median Days on Market58 days▲ +13.7%
Months of Supply5.0▲ +13.6%
Homes for Sale591▲ +3.5%
Homes Sold119-8.5%
Median Price / Sq Ft$188▲ +3.7%
Sale-to-List Ratio96.5%-2.4%

How has Penobscot County, ME’s Alpha Score moved?

Now: 47
3-period trend
Median sale price · 12 mo

Markets like Penobscot County, ME

Frequently asked questions

Is Penobscot County, ME a buyer's or seller's market?

As of May 2026, Penobscot County, ME is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, inventory, 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 $300K, having fallen 0.8% over the past year.

How affordable is Penobscot County, ME?

Penobscot County, ME scores 39 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 Rental Yield (67/100) and its weakest is Inventory Health (35/100). 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.