Market Summary

Penobscot, Hancock County, ME

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Median Home Price Price

$326,162 $326.2K

Median Monthly Rent Rent

$1,363 $1.4K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Hancock County

Region Price Rent GRM Display
$267,756 $1,114 20.0x
$255,116 $1,205 18.0x
$272,485 $1,050 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within ME outside of Hancock County

Region Price Rent GRM Display
$250,948 $1,210 17.0x
$392,030 $1,878 17.0x
$284,973 $1,142 21.0x
$455,187 $1,679 23.0x
$188,267 $1,126 14.0x
$199,037 $1,144 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ME

Region Price Rent GRM Display
$188,480 $1,333 12.0x
$164,180 $1,085 13.0x
$328,887 $1,512 18.0x
$284,397 $1,373 17.0x
$202,625 $875 19.0x
$392,799 $1,312 25.0x
$374,715 $1,601 19.0x
$420,597 $1,894 18.0x
$441,427 $2,246 16.0x
$140,870 $799 15.0x
$356,980 $1,271 23.0x
$433,641 $1,591 23.0x
$575,396 $1,267 38.0x
$441,580 $1,842 20.0x
$374,235 $1,269 25.0x
$331,069 $1,813 15.0x
$255,008 $1,347 16.0x
$419,840 $1,486 24.0x
$137,494 $872 13.0x
$407,517 $1,257 27.0x
$499,846 $2,479 17.0x
$413,501 $1,388 25.0x
$230,371 $1,106 17.0x
$187,929 $1,000 16.0x
$228,718 $1,311 14.0x
$256,788 $711 30.0x
$425,639 $1,259 28.0x
$437,237 $1,675 22.0x
$219,982 $1,463 13.0x
$362,540 $1,719 18.0x
$335,310 $1,337 21.0x
$258,808 $1,308 17.0x

Home prices

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Monthly rent

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GRM

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Penobscot

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Trend Insights

Median Rent in Penobscot, ME is $1,363, with MoM change -$2 and YoY change +$24 showing mixed momentum while volatility is low (std $6).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Penobscot, ME.

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Metric
Base market Penobscot, ME
Compare market Select a market
Delta vs base
Median rent
$1,363
N/A
Median price
$326,162
N/A
YoY change
+$24
N/A
Price-to-rent
19.9x
Data unavailable
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