39Alpha

Bangor, ME metro area Housing Market Brief

metro · ME · score computed October 2026

Buyer's

What is Bangor, ME metro area’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%
●1
Inventory Health25%
●45

Population band 4 of 5 (population 112,714–277,881) · comparable within its band

Affordability20%
●50
Economic Strength20%
-1.742
Rental Yield15%
●59

Where is Bangor, ME metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Bangor, ME metro area 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 Bangor, ME metro area?

Metro-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.

Bangor, ME metro area housing market data

MetricValueYoYSource
Median Sale Price$274K▼ -0.2%Redfin
Median Days on Market56 days▼ -1.7%Redfin
Months of Supply4.5▲ +4.7%Redfin
Homes for Sale776▲ +5%Redfin
Homes Sold1700%Redfin
Median Price / Sq Ft$185▲ +2.4%Redfin

How has Bangor, ME metro area’s Alpha Score moved?

Now: 39
2-period trend
Median sale price · 12 mo

Markets like Bangor, ME metro area

Frequently asked questions

Is Bangor, ME metro area a buyer's or seller's market?

In the scores computed October 2026, Bangor, ME metro area is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Bangor, ME metro area?

The median sale price in Bangor, ME metro area is $274K, having held roughly steady over the past year, according to Redfin.

How affordable is Bangor, ME metro area?

Bangor, ME metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Bangor, ME metro area's Alpha Score?

Bangor, ME metro area's strongest dimension is Rental Yield (59/100) and its weakest is Price Momentum (1/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Bangor, ME metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.