Millinocket, ME

Buyer's market+55.7% YoY

Housing market overview · Updated weekly

$251,500median sale price

Homes sold

2

Last 12 weeks

Days on market

120

Average pace

Active listings

36

18.0 months supply

Sale-to-list

98.8%

Below asking

The Millinocket housing market is currently classified as a buyer's market with a median sale price of $251,500. Prices have risen 55.7% compared to last year, with homes spending an average of 120 days on market, indicating 18.0 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 Millinocket

There are currently 36 homes listed for sale in Millinocket, Maine. The median listing price is $169K.

Active listings

36

Homes on market

Median list price

$169K

Avg. days on market

120

Days until sale

New this week

5

Newly listed

Price drops:22.2%of listings
Sale-to-list:98.8%

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Frequently asked questions

What is the average home price in Millinocket?

The median home sale price in Millinocket is $251,500, up 55.7% from last year.

How long do homes stay on market in Millinocket?

Homes typically spend 120 days on market before going under contract.

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

With 18.0 months of supply, Millinocket is currently a buyer's market.

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