Market Intelligence Report — ME-620

Bangor, ME

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-ME-08
As of the latest 2026 data
Very Weak

Median Listing

$325K
+3.0% YoY

Pending Ratio

0.19
-8.8% YoY

Active Inventory

641
+22.8% YoY

Median DOM

59 Days
+15.7% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very weak Bangor market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Bangor, ME.

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The Bangor, ME market is currently categorized as Very Weak, with a pending ratio of 0.19 indicating significantly limited demand absorption relative to available inventory. This condition is underscored by a substantial year-over-year increase in active listings by 22.8%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.3%-0.2 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

157,967+0.4% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Bangor market right now.

Active listings have expanded considerably, rising 22.8% over the past year, while new listings experienced a decline of 12.3% year-over-year. The median listing price registered a 3.0% increase over the past year, though the median days on market lengthened by 15.7% to 59 days. The pending ratio has also declined by 8.8% year-over-year, reflecting weakening demand dynamics.

Historical Analysis

Market Trends

Median Price

$325K+4.0% MoM

Active Inventory

641+22.8% YoY

Days on Market

59+15.7% YoY

Sold Score™

17-8.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

17
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio well below 0.25, the current market environment suggests that buyers face minimal competitive pressure, allowing for greater price discipline. The notable increase in active inventory creates conditions where buyers may dictate the pace of transactions, and sellers may need to adjust expectations regarding marketing timelines and pricing.

Luxury Segment

The average listing price has seen a 2.3% decline over the past year, contrasting with a 3.0% rise in the median listing price, and median $/sqft also decreased by 0.8% year-over-year. This suggests a potential softening in the higher-priced segments of the market.

Supply Dynamics

641 active listings represent the current floor, with new supply arriving at roughly 228 per month.

Pricing Pressure
30.7%

of active listings carry a price reduction, +1.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.8% year-over-year.

Absorption
0.19

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Bangor, ME? Homes here are taking 8 days longer to sell than last year.

Buyers have leverage in Bangor, ME. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
19%
Median Days on Market
59 days
Inventory YoY
+23%

In a buyer's market, strategy beats timing. See how your home scores in Bangor, ME and what moves the number.

See my Sold Score & selling strategy

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The Monthly Briefing

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Metro Demographics

Metro Area
Bangor, ME
CBSA Code
12620
State
ME

ZIPs in Bangor, ME

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Bangor?+

    As of the latest 2026 data, the Bangor metro is classified as Very Weak. Pending ratio is 0.19 with median days on market at 59.

  • Are home prices dropping in Bangor?+

    Median listing price is $325K, +3.0% year over year. 30.7% of active listings carry a price reduction.

  • How fast are homes selling in Bangor?+

    The typical listing sits 59 days on market, a +15.7% change YoY. New listings are arriving at 228 per month.

  • What's happening in the Bangor luxury market?+

    The average listing price has seen a 2.3% decline over the past year, contrasting with a 3.0% rise in the median listing price, and median $/sqft also decreased by 0.8% year-over-year. This suggests a potential softening in the higher-priced segments of the market.

  • Where can I find a trusted Bangor real estate expert?+

    Primpted maintains a vetted registry of Bangor agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 12620 · 36mo history