Penobscot County, ME Housing Market Brief
county · ME · as of May 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.
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.
Penobscot County, ME housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $300K | ▼ -0.8% |
| Median Days on Market | 58 days | ▲ +13.7% |
| Months of Supply | 5.0 | ▲ +13.6% |
| Homes for Sale | 591 | ▲ +3.5% |
| Homes Sold | 119 | ▼ -8.5% |
| Median Price / Sq Ft | $188 | ▲ +3.7% |
| Sale-to-List Ratio | 96.5% | ▼ -2.4% |
How has Penobscot County, ME’s Alpha Score moved?
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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.