Metropolitan market · Maine · September 2026 data

What is the Bangor, ME real estate market doing?

As of September 2026, the median home listed in Bangor, ME asks $309,725, up 0.7% year over year. Homes spend a median of 66 days on market, with 653 active listings and 30% carrying a price cut; pending contracts equal 18% of active listings, and inventory sits at 85% of the same month in 2019 — a buyer's market. Estimated gross rental yield on the median listing is 6.0%. Figures come from public records and industry data, updated monthly.

Median listing price
$309,725
▲ 0.7% YoY
Median $ / sq ft
$193
1,675 sq ft median
Median days on market
66
September 2026
Active listings
653
For sale now
New listings
208
September 2026
Listings with price cuts
30%
Share of active
Inventory vs 2019
85%
Same month, 2019 = 100
Pending / active
18%
Contract activity
Median sale price (closed)
$315,000
▲ 6.8% YoY · closed sales · July 2026
Sale-to-list ratio
96.7%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
183
Closed sales · July 2026, seasonally adjusted

What is the Bangor, ME housing market doing right now?

The Bangor, ME housing market lists at a $309,725 median as of September 2026, up 0.7% year over year, with a 66-day median market time and 653 homes for sale (30% with a price cut). Active inventory is 85% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule. Gross rental yield is about 6.0%.

Bangor housing market statistics

The table summarizes Bangor's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Bangor.

Bangor, ME housing market at a glance — September 2026
MetricLatestDetail
Median listing price$309,725+0.7% YoY
Median price per sq ft$1931,675 sq ft median
Median days on market66+24% YoY
Active listings653+16% YoY
New listings this month208September 2026
Listings with a price cut30%Share of active
Median sale price (closed)$315,000+6.8% YoY · closed sales, July 2026
Sale-to-list ratio96.7%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio18.2%119 pending
Inventory vs 201985%Active listings vs same month in 2019
Gross rental yield6.0%2BR fair market rent

How have home prices changed in Bangor?

Bangor home prices are up 0.7% year over year and -4.5% month over month as of September 2026, at a $309,725 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$327K$320K$312K$304K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Bangor ME · trailing 8 quarters · source: public records and industry data.

The 10-year view
$327K$285K$243K$202K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Bangor ME · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Bangor?

Bangor has 653 active listings, 208 new this month, 119 pending as of September 2026. About 30% of active listings have cut their price, and inventory sits at 85% of its 2019 level — a buyer's market by pace.

Active listings
653
New this month
208
Pending
119
Price-reduced
194

Is Bangor a good real estate investment?

Bangor scores 49/100 on WealthyBud's composite Investor Score, ranking #472 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
49/100
#472 of 933 covered metros
12-month outlook
-2.2%
▼ Cooling · model output, not advice
Price volatility
Medium
σ 6.2% · 20-yr price-index swings
Momentum
28
Value
41
Rental yield
95
Supply risk
44
Market heat
26

Bangor scores 49/100 on our composite Investor Score (#472 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 68% over five years and +114% over ten, leaving prices 68% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,559/mo for a two-bedroom, the gross rental yield on the median listing is about 6.0%; active inventory sits at 85% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 0.7% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Bangor ranks on the trending markets index.

How much is a monthly mortgage payment in Bangor?

A home at Bangor's $309,725 median listing runs about $1,695 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,530/mo
−$165/mo vs today
At today's rate · 7.28%
$1,695/mo
National weekly average
If rates rise 1% · 8.28%
$1,867/mo
+$171/mo vs today

Principal & interest on the $309,725 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Bangor?

To buy Bangor’s $309,725 median listing with 20% down, a household needs about $87,000 a year in gross income, keeping principal, interest and property tax ($2,021/mo) at 28% of income. That is 1.4× the area’s $63,248 median household income, so a typical Bangor household cannot afford the median listing on these terms.

Income needed to buy the median home in Bangor, ME — September 2026
ItemAmountBasis
Median listing price$309,725September 2026
Down payment (20%)$61,945Assumption
Principal & interest (7.28%, 30-yr fixed)$1,695/moRate as of 2026-10-01
Property tax (1.26% effective rate)$325/moCensus ACS
Income needed (28% rule)$87,000Gross household income / yr
Median household income$63,248Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Bangor housing market?

Longer-run demand in Bangor shows up in 463 homes permitted in 2025; net migration of +455 residents; +0.5% job growth. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
463
▲ 5.2% vs 2024
3.0 per 1,000 residents
Net migration (2022–2023)
+455
▲ people, via tax-return records
net income flow +$10.2M/yr
Job growth (YoY)
+0.5%
▲ 73.8k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Bangor housing market FAQ

What is the median home price in Bangor?
As of September 2026, the median listing price in Bangor, ME is $309,725, up 0.7% year over year (source: public records and industry data). Figures cover the Bangor, ME metro area.
How much does it cost to buy a home in Bangor?
The median home listed in Bangor asks $309,725 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,695 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Bangor?
The median property in Bangor spends 66 days on the market, with 653 homes actively listed and 30% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Bangor?
With a median 66 days on market and 30% of active listings carrying a price cut, pending contracts at 18% of active listings, Bangor reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Bangor a good place to invest in real estate?
Bangor scores 49/100 on WealthyBud's Investor Score, ranking #472 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Bangor?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Bangor and the wider Maine market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Bangor, ME metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

Comparable U.S. housing markets

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.