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Featured local agent — Millinocket, ME
Sarah Mitchell
Compass Real Estate · Millinocket, ME
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Millinocket, ME Housing Market & Real Estate
Housing market overview · Updated monthly ·
$147,000median sale price
How is the Millinocket, ME housing market right now?
The median home sale price in Millinocket, ME is $147,000, down 13.3% year-over-year. Homes sell in an average of 193 days with 40 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Millinocket a buyer's or seller's market?
Millinocket, ME is currently a buyer's market, based on 10.0 months of supply and homes selling in about 193 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
193
Average pace
Active listings
40
10.0 months supply
Sale-to-list
94.4%
Below asking
What does the Millinocket housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $147,000 |
| Median list price | $165,000 |
| Year-over-year price change | -13.3% |
| Average days on market | 193 days |
| Active inventory | 40 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 94.4% |
| Median price per sq ft | $117/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 11 |
| Listings with a price cut | 15.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Millinocket by property type?
How the Millinocket, ME market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $149,000 | $128/sq ft | 3 | 206 days |
Source: Redfin · Updated monthly
The Millinocket housing market is currently classified as a buyer's market with a median sale price of $147,000. Prices have fallen 13.3% compared to last year, with homes spending an average of 193 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Millinocket
There are currently 40 homes listed for sale in Millinocket, Maine. The median listing price is $165K.
Active listings
40
Homes on market
Median list price
$165K
Avg. days on market
193
Days until sale
New this week
11
Newly listed
Who lives in Millinocket?
Population
4,111
Median income
$42,936/yr
Median age
57.7 years
Owner-occupied
83.3%
College grads
19.8%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Millinocket?
Zillow home value
$165,514
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Millinocket?
Millinocket is a community of approximately 4K residents with a median age of 57.7 years.The median household income is $42,936, which represents a working-class community with solid middle-income opportunities. 19.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Millinocket offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Millinocket?
2 schools tracked · 449 students
The largest public schools serving 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.
Stearns Jr-Sr High School
Grades 6-12 · 233 students
Granite Street School
Grades PK-5 · 216 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Millinocket, ME?
Want a head-to-head view? Compare Millinocket side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Millinocket?
The median home sale price in Millinocket is $147,000, down 13.3% from last year.
How long do homes stay on market in Millinocket?
Homes typically spend 193 days on market before going under contract.
What is the median income in Millinocket?
The median household income is $42,936 per year.
Is Millinocket a buyer's or seller's market?
With 10.0 months of supply, Millinocket is currently a buyer's market.
What is the Zillow home value estimate for Millinocket?
The Zillow Home Value Index (ZHVI) for Millinocket is $165,514, representing the typical home value in the area.
How much does a single-family home cost in Millinocket?
The median single-family home price in Millinocket, ME is $149,000 (about $128 per square foot).
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