Local Market0 views · 2 answers
How competitive is the Bangor housing market?
P
Primpted Housing Analyst
Updated monthly · Data through August 2026 · v268
- Sold Score
- 17/100
- YoY Difficult Selling Environment
- Pending ratio
- 0.19
- YoY contracts vs active
- Inventory YoY
- +0.2%
- YoY active listings
- Median DOM
- 59
- YoY days on market
- Price cuts
- 48.0%
- YoY of active listings
Bangor is soft for sellers as of August 2026, with a Sold Score of 17/100 (Difficult Selling Environment).
**Pending ratio** is 0.19 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +22.8% — more choices for buyers than a year ago.
**Median days on market** is 59. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 48.0% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (August 2026): Sold Score: 17/100 (Difficult Selling Environment) · Pending ratio: 0.19 · Inventory YoY: +22.8% · Median days on market: 59 · Sellers cutting price: 48.0% · Median listing price: $324,500 (+3.0% YoY)
Bangor snapshot
As of the latest 2026 data- Median listing
- $325K
- YoY +0.0%
- Active inventory
- 641
- YoY +0.2%
- Median DOM
- 59
- YoY +0.2%
- Pending ratio
- 0.19
- YoY -0.1%
- Price-reduced
- 30.7%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The housing market in Bangor is not as competitive as it once was, with signs pointing to a more balanced environment for buyers. Homes are staying on the market longer, and more sellers are adjusting their prices. This means buyers might have more choices and negotiation room.
Right now, there are 641 homes for sale in Bangor. This is a significant increase of 22.8% compared to this time last year, giving buyers more options to choose from. However, fewer new homes are coming onto the market, with new listings down 12.3% over the past year.
Homes are taking a bit longer to sell. The typical home stays on the market for 59 days, which is 15.7% longer than it did last year. Also, a good chunk of sellers, about 30.7%, have had to lower their asking prices, showing a shift in buyer demand.
The typical listing price is $324,500, which is up 3.0% from last year and 4.0% higher than the previous month. However, the average listing price has actually dipped slightly by 2.3% over the past year to $370,120. This mixed price picture suggests a market that's finding its footing.
For buyers, this could be a good time to look, as there are more homes available and less pressure to act quickly. Sellers should be mindful of current market conditions and price their homes realistically to attract interest.