Millinocket, Penobscot County, ME

Median Home Price Price

$151,508 $151.5K

Median Monthly Rent Rent

$541 $541

23.0x

Market Snapshot

Millinocket, Penobscot County, ME is a city market with a median home price of $151,508, a median monthly rent of $541, a GRM of 23.0x, and a price-to-rent ratio of 23.3.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

Within Penobscot

No same-county alternatives are available for this market yet.

More markets to explore

Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Monson, Piscataquis County, ME
$206K $1.1K 16.0x
Waldoboro, Lincoln County, ME
$332K $426 65.0x
Industry, Franklin County, ME
$249K $1.1K 19.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Keen Mountain, Buchanan County, VA Explore deeper
$102K $939 9.0x
Deer River, Itasca County, MN
$245K $972 21.0x
North Bend, Coos County, OR
$357K $1.3K 23.0x

Home prices

Monthly rent

GRM = home price / annual rent

Millinocket

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Benchmark comparison

Compare Millinocket, ME to another market.

Compare to Monson, ME
Millinocket, ME
Monson, ME
Delta
Median rent
$541
N/A
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Median price
$151,508
N/A
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YoY change
+$12
N/A
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Price-to-rent
23.3x
Data unavailable
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Key takeaways

  • Millinocket, Penobscot County, ME has a higher-grm screening profile: At 23.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $12 year over year.
  • Next discovery step: compare Monson, Piscataquis County, ME from the Within state set.