East Millinocket, ME

Buyer's market-14.8% YoY

Housing market overview · Updated weekly

$140,500median sale price

Homes sold

2

Last 12 weeks

Days on market

67

Average pace

Active listings

18

9.0 months supply

Sale-to-list

98.4%

Below asking

The East Millinocket housing market is currently classified as a buyer's market with a median sale price of $140,500. Prices have fallen 14.8% compared to last year, with homes spending an average of 67 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in East Millinocket?

The median home sale price in East Millinocket is $140,500, down 14.8% from last year.

How long do homes stay on market in East Millinocket?

Homes typically spend 67 days on market before going under contract.

Is East Millinocket a buyer's or seller's market?

With 9.0 months of supply, East Millinocket is currently a buyer's market.

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