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Aroostook County, ME housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$168,572+2.6% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$36,543About 0.7× the local median income ($54,965): affordable for a typical household
Days on market82 daysAbout the same pace as a year ago

The typical home in Aroostook County, ME is worth $168,572, up 2.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $145,784, so the area is 15.6% overvalued. It is a buyer's market: homes take about 82 days to sell, listings are up 24% from a year ago, 20% of listings have had a price cut. A household needs about $36,543 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $54,965. Typical rent is $969 a month. In the latest IRS figures, 179 more people moved in than out.

Home value over time

$0K$50K$100K$150K1990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$168,572
Change in 1 year+2.6%
Overvalued %+15.6%
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Fair home value$145,784
Change in 5 years+27.7%
Home value to income3.1×
Monthly mortgage payment (20% down)$914
Income needed to afford it$36,543
Property tax rate1.12%

Rent and investing

Typical rent$969
Price-to-rent ratio14.5×
HUD Fair Market Rent, 2 bedrooms$1,175
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Gross rental yield6.90%
Cap rate (estimate)4.49%

Market activity

Listings vs a year ago+24.2%
Days on market82
Listings with a price cut20.4%
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Homes for sale431
Pending sales per 100 listings11
Asking price per sq ft$143

People and jobs

Median household income$54,965
Population change (1 year)−0.5%
Unemployment rate5.3%
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Population66,609
Income adjusted for cost of living$60,005
Net moves in (IRS)+179
Cost of living (US = 100)91.6

Schools, risk and environment

School rating (1 to 10)5.6
FEMA hazard risk score (0 to 100)80.4
Unhealthy air days a year4
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Flood risk score76.1
Wildfire risk score26.2
Walkability (1 to 20)5.7
Road, rail and air noise54 dB

Questions people ask

Is Aroostook County, ME overvalued?
Home prices in Aroostook County, ME are well above what local incomes have historically supported: fair value is about $145,784, so the area is 15.6% overvalued.
Is Aroostook County, ME a buyer's or seller's market?
Aroostook County, ME is a buyer's market: homes take about 82 days to sell, listings are up 24% from a year ago, 20% of listings have had a price cut.
Are home prices going down in Aroostook County, ME?
Home values in Aroostook County, ME are up 2.6% over the last year.
How much do you need to earn to buy a home in Aroostook County, ME?
A household needs about $36,543 a year to afford the typical home in Aroostook County, ME at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $54,965.

Nearby and similar counties

ZIP codes in Aroostook County (open on the map)

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