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Millinocket, Maine & Mount KatahdinPhoto: Unknown photographer · Public domain
Housing in Millinocket

61 homes sold in Millinocket in the last year, at a typical $148K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Millinocket homes are listed.

Homes sold
61
June 2025 to May 2026
Typical sale price
$148K
median, weighted by sales
Price per square foot
$107
Maine $260
Paid vs. asking
92.8%
11% sold over asking
For sale now
40
May 2026 · 4 sold that month
What sold · last 12 months

Houses are 95% of Millinocket’s sales, at a typical $151K

61 homes sold in the year to May 2026.

Houses$151K

typical sale · 58 sold in 12 months

Per square foot
$109ME $253
Days to sell
97
Sold over asking
12%
Listings with a price cut
23%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $88K

Too few sales in 12 months for reliable figures.

10 years of sales

About as many homes sell as usual, at 3.2 times the 2016 price

61 sales in the last year, against 68 in 2021 and a low of 43 in 2020. The typical sale went from $47K in 2016 to $148K.

Homes soldTypical sale price
0255075100$50K$100K$150K$200K2016: 59 sold, typical $47K’162017: 63 sold, typical $51K2018: 63 sold, typical $53K’182019: 59 sold, typical $60K2020: 43 sold, typical $76K’202021: 68 sold, typical $93K2022: 59 sold, typical $114K’222023: 56 sold, typical $126K2024: 60 sold, typical $138K’242025: 65 sold, typical $153KLast 12 months: 61 sold, typical $148KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Millinocket

Houseat $109 a sq ft
The same money in Maineat $253 a sq ft

Is this asking price fair?

Check a listing against what Millinocket homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 10 years of sales

Bidding wars in Millinocket are back to pre-pandemic levels, and more homes are for sale

We read every month of Millinocket’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 61 sales.

If you’re buying in Millinocket

  • Shop in May. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (8% over asking).
  • You can negotiate. 23% of listings have cut their price, against 19% before the pandemic.
  • Offer under asking. Buyers paid 92.8% of the list price on average; 11% paid over.
  • You’ll usually have time. Only 14% of homes go under contract within two weeks; the typical one takes 101 days.
Best time to buy

Summer brings the homes; fall brings the bidding wars

July has the most new listings (about 9 a month), but September is the most competitive: 17% of September sales close over asking. May and June offer nearly as much choice with fewer homes bid up (8%). October has the least competition (3%).

New listings a monthShare sold over asking
02.557.5107%13%20%Sweet spotJan: 5 new listings a month, 11% sold over asking, 120 days to sellJFeb: 3 new listings a month, 4% sold over asking, 103 days to sellFMar: 5 new listings a month, 14% sold over asking, 124 days to sellMApr: 7 new listings a month, 5% sold over asking, 92 days to sellAMay: 8 new listings a month, 8% sold over asking, 129 days to sellMJun: 8 new listings a month, 8% sold over asking, 86 days to sellJJul: 9 new listings a month, 15% sold over asking, 80 days to sellJAug: 8 new listings a month, 12% sold over asking, 81 days to sellASep: 6 new listings a month, 17% sold over asking, 59 days to sellSOct: 6 new listings a month, 3% sold over asking, 93 days to sellONov: 6 new listings a month, 10% sold over asking, 78 days to sellNDec: 3 new listings a month, 10% sold over asking, 75 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Maine

Millinocket now2017–192021 peakME now
Sold over askingShare of sales that closed above the list price11%8%12%28%
Gone within two weeksShare of homes under contract within 14 days14%17%30%32%
Listings with a price cutShare of homes for sale that cut their price23%19%18%22%
Price paid vs. askingAverage sale price ÷ list price92.8%91.3%92.8%98.1%
Days to sellMedian days from listing to contract101984657
Supply

39 homes for sale on a typical day

That’s 3.2 times the 2021 low (12) and 59% more than in 2017–19.

2016: 30 for sale’162017: 29 for sale2018: 21 for sale2019: 24 for sale’192020: 16 for sale2021: 12 for sale2022: 19 for sale’222023: 17 for sale2024: 25 for sale2025: 37 for sale’25Last 12 months: 39 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 19% in 2017–19 and 22% across Maine.

2016: 15%’162017: 16%2018: 19%2019: 21%’192020: 19%2021: 18%2022: 21%’222023: 22%2024: 27%2025: 21%’25Last 12 months: 23%Now
Across Maine

Millinocket ranks 32nd of 32 busy Maine markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Millinocket is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Millinocket home costs about $960 a month

Mortgage
Property tax
Insurance
Rent

Price: Millinocket’s typical sale, last 12 months. Property tax at Millinocket’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Millinocket is affordable on local pay is on Cost of living.

Before you buy in Millinocket

Six things worth knowing

9

New listings in July

The month with the most choice. December has the fewest, about 3.

Best time to buy
1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $148K home, about $2,250 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Millinocket, from test results, graduation and how much students grow.

Schools in Millinocket
24 min

Typical commute

The average one-way trip to work for people who live in Millinocket.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

East Millinocket sells for less a square foot; Lincoln for far more

The busier markets within 25 miles of Millinocket, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Millinocket61$148K$10711%101
Lincoln37$195K$15414%72
East Millinocket24$112K$8113%92

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Millinocket, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Millinocket. People who follow the town see it, and so do people comparing Millinocket with their own town. No commission, no listing fee.

Questions about buying a home in Millinocket

What do homes sell for in Millinocket, ME?

61 homes sold in the year to May 2026 at a typical $148K, $107 a square foot.

Is Millinocket a buyer’s or seller’s market?

A buyer’s market: 40 homes were for sale in May 2026 and 4 sold, about 10 months of supply. Buyers paid 92.8% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Millinocket?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Millinocket?

About 1.5% of a home’s value a year. On a $148K home that’s near $2,250.

Where can I see homes for sale in Millinocket?

Zillow, Redfin, Realtor.com and Homes.com all carry Millinocket’s MLS listings; the search links above open each one filtered to Millinocket.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).