Bangor, ME Home Values & Market Trends

Real estate market trends reflect that there have been 452 transactions over the past year in Bangor. The median value for residential home transactions that occurred over the previous year is $265,370.86. The number of current listings in Bangor is 38, and the percentage of properties for sale in the city is 38.00%. Bangor, ME currently has 8 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 38 properties for sale.

Bangor, ME Real Estate Market Overview

ZipMedian Est. Value
04401

$ 319,777

$ 172/sqft

Housing Market Summary for Bangor, ME

Apr 2023March 2024Change
Median Listing Price$256.9K$266.5K3.70%
Median Sold Price$242.5K$266.5K9.88%
Homes For Sale1026160.00%
Homes Sold194171-11.86%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Bangor, ME

Bangor home values range from $30,746 to $16,479,312. The median estimated value of a home in Bangor is $265,370.86. The median list price of a home is 294,700, and the total count of properties in the city is 8,603.

Foreclosure
There is 1 zips within Bangor, ME; within this zips, the median estimated home value for homes in foreclosure ranges from $490,624 in 04401 to the lowest value of $118,859 in 04401. Foreclosure homes account for 0.00% of properties in Bangor, ME with 04401 containing 14 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in Bangor, ME with 04401 containing 11 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Bangor, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $366,839 in 04401 to the lowest home value of $118,859 in 04401.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Bangor, ME ranges from the highest value of $299,700 in 04401 to the lowest value of $299,700 in 04401. Bank owned homes and properties account for 0.01% of properties in Bangor, ME. There is 1 zips within Bangor, ME; 04401 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    04401 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Bangor, ME. Auction homes and other auction properties account for 0.01% of all properties in Bangor, ME. There is 1 zips within Bangor, ME; of that zips, the median estimated home value for homes going to auction ranges from $490,624 in 04401 to the lowest value of $225,689 in 04401.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.44% of residential properties in Bangor, ME with 04401 containing 48 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Bangor, ME; homes for sale in that zips, have a range of median values from $861,623 in 04401 to the lowest value of $90,000 in 04401.
    Sold Homes
    The median value for recently sold homes ranges from $1,333,993 in 04401 to the lowest price of $35,105 in 04401. There is 1 zips within Bangor, ME. 04401 has 236 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.02% of properties in Bangor, ME.

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      Guide for Bangor, ME

      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Helena Real Estate Dips in Value While East Helena Soars in March 2024
      See More Articles
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Helena Real Estate Dips in Value While East Helena Soars in March 2024
      Market Reports|posted 24 April 2024

      The blog examines the various trends in the real estate market of Helena, East Helena, Jefferson City, Townsend, Cascade, and Deer Lodge in Montana, highlighting the nuances and unique dynamics in each city.

      Recently Listed Homes Bangor, ME

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