Market Intelligence Report — ME-620

Bangor, ME

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

Ref. No: 2026-ME-09
As of the latest 2026 data
Very Weak

Median Listing

$310K
+0.7% YoY

Pending Ratio

0.18
-7.7% YoY

Active Inventory

653
+15.7% YoY

Median DOM

66 Days
+23.6% YoY

Primary Intelligence Tool — Sold Score™

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The Bangor market is currently classified as Very Weak, with demand significantly lagging supply as evidenced by a pending ratio of 0.18. This low pending ratio indicates substantial inventory absorption challenges within the market. Active listings have expanded by 15.7% over the past year, further contributing to the supply surplus.

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

3.4%+0.2 pp YoY

Unemployment rate · Sep 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.

Over the past year, active listings have seen a notable increase of 15.7%, reaching 653 units, while new listings have contracted by 14.8%. The median listing price has shown minimal growth year-over-year at 0.7%, despite a month-over-month decrease of 4.5%. Demand signals remain soft, with the pending ratio registering 0.18, representing a 7.7% decline over the past year.

Historical Analysis

Market Trends

Median Price

$310K-4.5% MoM

Active Inventory

653+15.7% YoY

Days on Market

66+23.6% YoY

Sold Score™

18-7.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

18
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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 of 0.18 and active listings expanding by 15.7% over the past year, inventory pressure is considerably low. This environment suggests that properties are taking longer to move, as indicated by a 23.6% increase in median days on market over the past year, to 66 days. Sellers may need to demonstrate greater price discipline, as nearly 30% of listings have undergone price reductions.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

653 active listings represent the current floor, with new supply arriving at roughly 208 per month.

Pricing Pressure
29.8%

of active listings carry a price reduction, +3.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.7% year-over-year.

Absorption
0.18

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Bangor, ME? Homes here are taking 13 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
18%
Median Days on Market
66 days
Inventory YoY
+16%

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

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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