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Millinocket, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
7
Sold (12M)
6
Median Price
$56K
Market Condition
Seller's Market

Millinocket, Maine Market Meter

Buyer'sSeller's
Seller's Market

5.2 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$56K
Avg Price/Acre
$18K
Avg Days on Market
75
Months of Supply
5.2
YoY Price Change
+1305.6%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres----12
1-2 acres133366
2-5 acres---144
5-10 acres-11111
10-20 acres--1111
20-50 acres------
50-100 acres------
100+ acres------
TOTAL14561314
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres0 sold / 2 listed
1-2 acres3 sold / 3 listed
2-5 acres1 sold / 2 listed
5-10 acres1 sold / 0 listed
10-20 acres1 sold / 0 listed

Median Price by Acreage

$0$60K$120K
1- 2
2- 5
5- 10
10- 20

Acreage buckets

Key Market Indicators

Total Sales Volume
$642K
Last 12 months
Active Listings
7
Current inventory
Avg Days on Market
75
Time to sell
Price Trend (YoY)
+1305.6%
Year over year

Millinocket, Maine Land Market Analysis

How much is land worth in Millinocket, Maine?

The median price for land in Millinocket, Maine is currently $18K per acre. For a typical parcel, the median sale price is $56K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $31K while premium lots reached $235K.

Is now a good time to buy land in Millinocket, Maine?

Millinocket, Maine is currently a seller's market with 5.2 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 1305.6% year-over-year.

What is the months of supply for land in Millinocket, Maine?

Millinocket, Maine currently has 5.2 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the total amount sold in Millinocket, Maine last year?

Over the past 12 months, Millinocket, Maine saw 6 properties sold, totaling $642K in sales volume. In just the last 3 months, 4 properties changed hands.

What is the total land for sale in Millinocket, Maine?

There are currently 7 active listings in Millinocket, Maine. The median asking price is $130K.

How long does it take to sell land in Millinocket, Maine?

Land in Millinocket, Maine typically sells within 75 days of listing. The median time on market is 52 days. Properties are moving at a moderate pace in the current seller's market.

Is now a good time to invest in land in Millinocket, Maine?

The current absorption rate in Millinocket, Maine is 19.1% (3-month basis), indicating strong demand. With appreciating values (+1305.6% YoY), the market shows growth potential. The top-performing broker in this market is Keller Williams Realty.

Data Sources & Accuracy

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.

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