East Millinocket, ME Housing Market & Real Estate

Buyer's market-14.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in East Millinocket, ME is $140,500, down 14.8% year-over-year. Homes sell in an average of 67 days with 18 active listings. The market is currently a buyer's market.

$140,500median sale price

Is East Millinocket a buyer's or seller's market?

Buyer's market9.0 months of supply67 avg. days on market

East Millinocket, ME is currently a buyer's market, based on 9.0 months of supply and homes selling in about 67 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

67

Average pace

Active listings

18

9.0 months supply

Sale-to-list

98.4%

Below asking

East Millinocket, ME market data

Current housing market statistics for East Millinocket, ME
MetricValue
Median sale price$140,500
Median list price$225,700
Year-over-year price change-14.8%
Average days on market67 days
Active inventory18 listings
Months of supply9.0 months
Sale-to-list price ratio98.4%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The East Millinocket housing market is currently classified as a buyer's market with a median sale price of $140,500. Prices have fallen 14.8% compared to last year, with homes spending an average of 67 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in East Millinocket

There are currently 18 homes listed for sale in East Millinocket, Maine. The median listing price is $226K.

Active listings

18

Homes on market

Median list price

$226K

Avg. days on market

67

Days until sale

New this week

2

Newly listed

Price drops:27.8%of listings
Sale-to-list:98.4%

Top public schools in East Millinocket

2 schools tracked · 245 students

The largest public schools serving East Millinocket, ME by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Opal Myrick Elementary School

Grades PK-4 · 143 students

Public

Schenck High School

Grades 9-12 · 102 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in East Millinocket?

The median home sale price in East Millinocket is $140,500, down 14.8% from last year.

How long do homes stay on market in East Millinocket?

Homes typically spend 67 days on market before going under contract.

Is East Millinocket a buyer's or seller's market?

With 9.0 months of supply, East Millinocket is currently a buyer's market.

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