Is Millinocket, ME 04462 a buyer’s or seller’s market?
Millinocket is a buyer’s market. With about 7.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 0% of U.S. ZIP codes, and #105 of 105 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Millinocket housing market right now
In the three months ending August 31, 2026, 0% of homes in Millinocket, ME 04462 sold above their list price, the typical home went under contract in 169 days and there were 7.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 27 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (81 days then) and the median sale price rose 7% to $189,418. Overall, Millinocket is less competitive than a year ago, which gives buyers more room.
Within Piscataquis County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Millinocket ranks #105 of 105 ME ZIP codes with enough sales (score 3 out of 100).
Nearby, Abbot 04406 (43% sold over asking) and Greenville 04441 (18% sold over asking) are even more competitive.
Run the numbers for 04462
Nearby markets
Abbot 04406Seller’s market $217 /sq ftBrownville 04414Buyer’s market $243 /sq ftBrownville Junction 04415 — /sq ftDover Foxcroft 04426Buyer’s market $162 /sq ft Browse all markets →Towns like Millinocket nearby
Find towns like Millinocket in other states →Where Millinocket is
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Questions about Millinocket real estate
Is Millinocket a buyer’s or seller’s market?
A buyer’s market: there were 7.3 months of supply in Millinocket, ME 04462 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Millinocket?
The typical home went under contract in 169 days in the latest three months.
Do homes in Millinocket sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.
What are property taxes in Millinocket?
About 0.90% of a home’s value a year in Piscataquis County, or roughly $3,600 on a $400,000 home.
What is the median home price in Millinocket?
The median sale price was $189,418 in the three months ending August 31, 2026, about $135 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology