Penobscot County, ME Housing Market Brief
county · ME · as of July 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 Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Penobscot County, ME?
Our model forecasts Penobscot County, ME’s home prices to rise about 2.4% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
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% |
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?
As of July 2026, Penobscot County, ME is classified as a Balanced Market, based on its Alpha Score of 45 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 37 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 (62/100) and its weakest is Inventory Health (34/100). 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.