Penobscot County, ME home prices
Penobscot County, ME: the typical home is worth $280,732 as of 2026-05, up +1.6% over the past year and +235.1% since 2000. Listings run about $192/sq ft…
Penobscot County is cooling and fairly valued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
1979: $38,037 → 2026: $280,732 (7.4×) pre-2000 estimated via FHFA index
Market read
At $280,732, homes in Penobscot County sit 15% below the Maine median ($329,296) and 20% above the US median ($233,954). That ranks #12 of 16 Maine counties by price.
Prices are holding steady (+1.6% in the last year) — a balanced market.
Homes here move at a steady pace — a median 45 days on the market, with 19% of listings cutting their asking price.
At 4.3× local income, that's pricier than the typical US county (~3.8×).
Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.
Buying looks cheaper than renting — ~$1,386/mo to buy (P&I, 20% down) vs $1,552/mo to rent.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Piscataquis County, ME ($229,221) · Washington County, ME ($199,474) · Hancock County, ME ($418,223) · Somerset County, ME ($233,592) · Waldo County, ME ($344,524) · Kennebec County, ME ($320,059)
Frequently asked questions
What is the average home price in Penobscot County, ME?
Are home prices in Penobscot County rising or falling?
Is Penobscot County affordable?
What is the rental yield in Penobscot County?
How fast do homes sell in Penobscot County?
| Year | Median home value |
|---|---|
| 2000 | $83,769 |
| 2001 | $89,362 |
| 2002 | $96,449 |
| 2003 | $105,477 |
| 2004 | $115,964 |
| 2005 | $132,297 |
| 2006 | $143,076 |
| 2007 | $146,743 |
| 2008 | $147,459 |
| 2009 | $143,184 |
| 2010 | $138,002 |
| 2011 | $135,315 |
| 2012 | $133,460 |
| 2013 | $134,337 |
| 2014 | $137,859 |
| 2015 | $136,845 |
| 2016 | $139,292 |
| 2017 | $142,527 |
| 2018 | $148,533 |
| 2019 | $158,450 |
| 2020 | $162,959 |
| 2021 | $188,585 |
| 2022 | $219,093 |
| 2023 | $241,034 |
| 2024 | $258,184 |
| 2025 | $273,418 |
| 2026 | $276,915 |