Maine home prices fell in July but are still rising faster than the rest of the country

Fewer homes are selling in Penobscot County despite rising sales statewide

Fewer homes in Penobscot and Waldo counties have sold in the last three months compared with this time last year — despite sale volumes rising nearly everywhere else in Maine. Penobscot County saw 426 single family homes sell in the past three months, which marks a 2.5 percent slide from the 437 houses that sold this time last year, according to a monthly report from the Maine Association of Realtors. In Waldo County, 119 houses changed hands fr…

Maine home prices fell in July but are still rising faster than the rest of the country

Maine's median home price hit a record in May and June. But prices cooled slightly in July, as the number of available homes and the total number of homes changing hands increased compared to 2024.