Is Bangor, ME 04401 a buyer’s or seller’s market?

The Bangor housing market right now

In the three months ending August 31, 2026, 14% of homes in Bangor, ME 04401 sold above their list price, the typical home went under contract in 43 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 160 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold faster (56 days then) and the median sale price fell 2% to $324,859. Overall, Bangor is less competitive than a year ago, which gives buyers more room.

Within Penobscot County, homes here sell faster than in 53% of the county’s ZIP codes, and sell less often over asking than in 69%. On our competition score, Bangor ranks #80 of 105 ME ZIP codes with enough sales (score 35 out of 100).

Nearby, buyers who want less competition could look at Garland 04939 (0% sold over asking) or Dixmont 04932 (0% sold over asking), while Exeter 04435 (100% sold over asking) and Etna 04434 (67% sold over asking) are even more competitive.