Comprehensive market data and analysis• Updated Dec 2025
13.2 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 4 | 5 |
| 1-2 acres | - | 1 | 2 | 4 |
| 2-5 acres | 1 | 1 | 5 | 10 |
| 5-10 acres | - | 1 | 2 | 2 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 2 | 5 | 15 | 24 |
Acreage buckets
The median price for land in Bangor, Maine is currently $30K per acre. For a typical parcel, the median sale price is $75K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $29K while premium lots reached $210K.
Bangor, Maine is currently a strong buyer's market with 13.2 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 225.6% year-over-year.
Bangor, Maine currently has 13.2 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Land in Bangor, Maine typically sells within 105 days of listing. The median time on market is 36 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 3-month absorption rate in Bangor, Maine is 7.6%. The 12-month rate is 9.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Bangor, Maine saw 24 properties sold, totaling $2.6M in sales volume. In just the last 3 months, 5 properties changed hands.
The current absorption rate in Bangor, Maine is 7.6% (3-month basis), indicating slow demand. With appreciating values (+225.6% YoY), the market shows growth potential. The top-performing broker in this market is NextHome Experience.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
