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16 Fact Book / Doing Business in Maine Q UA L I T Y O F L I F E VO L . X X X I N O. X I X Units sold 2024 Units sold 2023 Percent change 2023–24 2024 median sales price 2023 median sales price Percent change 2023–24 Androscoggin 1,005 904 11.17% $325,000 $310,000 4.84% Aroostook 647 672 −3.72% $161,000 $150,000 7.33% Cumberland 2,918 2,746 6.26% $570,000 $531,111 7.43% Franklin 402 360 11.67% $300,000 $250,000 20.00% Hancock 701 612 14.54% $414,000 $404,000 2.48% Kennebec 1,267 1,282 −1.17% $325,000 $299,000 8.70% Knox 505 472 6.99% $455,000 $430,000 5.81% Lincoln 407 403 0.99% $450,000 $440,000 2.27% Oxford 688 705 −2.41% $315,000 $318,000 -0.94% Penobscot 1,505 1,412 6.59% $275,000 $250,000 10.00% Piscataquis 281 323 −13.00% $225,000 $189,000 19.05% Sagadahoc 353 365 -3.29% $448,755 $400,670 12.00% Somerset 520 521 −0.19% $229,950 $210,000 9.50% Waldo 407 396 2.78% $350,000 $325,000 7.69% Washington 351 375 −6.40% $226,000 $220,000 2.73% York 2,330 2,073 12.40% $519,500 $475,000 9.37% STATE TOTAL 14287 13,621 4.89% $390,200 $360,000 8.39% Studio One bedroom Two bedroom Three bedroom Four bedroom Androscoggin (Lewiston-Auburn MSA) $898 $994 $1,268 $1,663 $1,845 Aroostook $730 $786 $986 $1,351 $1,407 Cumberland $1,197 $1,330 $1,745 $2,191 $2,667 Franklin $765 $851 $1,116 $1,474 $1,480 Hancock $1,011 $1,017 $1,202 $1,588 $1,594 Kennebec $895 $901 $1,160 $1,454 $1,739 Knox $808 $997 $1,178 $1,471 $1,798 Lincoln $1,082 $1,103 $1,244 $1,643 $1,649 Oxford $830 $835 $1,096 $1,435 $1,840 Penobscot $839 $880 $1,155 $1,455 $1,723 Piscataquis $771 $857 $1,124 $1,354 $1,499 Sagadahoc $1,037 $1,168 $1,435 $2,011 $2,410 Somerset $841 $911 $1,053 $1,350 $1,510 Waldo $946 $952 $1,219 $1,576 $1,694 Washington $704 $782 $1,026 $1,438 $1,541 York $1,162 $1,312 $1,616 $2,134 $2,351 1 Based on real estate brooker transactions. S O U R C E : Maine Real Estate Information System Inc. 1 Amounts include the cost of utilities. S O U R C E : MaineHousing Maine home sales, 1 by county Listed by sales of existing single-family homes, 2024 Fair market rent 1 for existing housing in Maine,by county Rates effective Oct. 1, 2024 Studio One bedroom Two bedroom Three bedroom Four bedroom Five bedroom Five bedroom Bangor $1,034 $1,114 $1,424 $1,825 $1,890 $1,921 $1,827 Lewiston/Auburn $898 $994 $1,268 $1,663 $1,845 $1,759 $1,527 Portland $1,379 $1,563 $2,011 $2,464 $2,763 $2,940 $2,408 York/Kittery/South Berwick $1,352 $1,528 $1,971 $2,552 $3,310 $2,923 $2,544 Fair market rents 1 for existing housing in Maine, by MSA Rates effective Oct. 1, 2024 1 Amounts include the cost of utilities. S O U R C E : MaineHousing MONTHLY MEDIAN HOME PRICES, 1 2010–24 1 Sales of existing single-family homes, based on real estate broker transactions. S O U R C E : Maine Real Estate Information System Inc. $400K $375K $350K $325K $300K $275K $250K $225K $200K $175K $250K $125K $100K $75K $50K $25K $0 2010 2012 2014 2016 2018 2020 2022 2024