The story of this market
The typical home in Aroostook County, Maine sells for about $160,000, or $115 per square foot.
Prices are down 13.5% from a year ago, which gives buyers more room to negotiate. Homes take about 47 days to sell. Over the long run, values in this county have grown 97% since 2003. The biggest natural hazard here is winter weather, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $850 a month.
FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2003–2025
+2.7%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2005 (+25.1%). Worst: 2010 (-2.3%). Hover to read a year.
Monthly price momentum
Home values since 2015
+6.8%
ME · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Neighborhood price trend
Long-run price trend, 2003–2025
+2.7%
2025 change
FHFA repeat-sales index, median of 2 census tracts in this county (2003 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
59
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $34,807,649.
Mortgage activity
Home lending in this county
69.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1612 | 883 | 69.1% | 4.7% | $125,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Aroostook County, Maine
Aroostook County is experiencing a cooling housing market with a significant year-over-year decline in median home prices. The region faces demographic headwinds with a shrinking population and a median household income that remains well below state and national averages.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 3 cities · 3 ZIP reports
Median prices moved down 13.5% year over year.
Homes spend a median of 47 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 15.7% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
No researched ZIP reports yet — ZIP discovery runs with the county's first refresh, and each ZIP's intel report appears here once its research lands.
The economy was historically dominated by military spending, notably through the former Loring Air Force Base, and currently features a mix of local government and regional services.
The regional economy is supported by government services, agriculture, and forestry, with a historical legacy of military-base-driven development.
- Northern Maine Fair Association423.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Data retrieved from Census Reporter and QuickFacts.
Municipalities may place a tax lien on a property for unpaid taxes. If the taxes, interest, and costs are not paid within 18 months of the filing of the tax lien certificate, the lien automatically forecloses, and the municipality acquires title to the property.
36 M.R.S. § 943; establishes the automatic foreclosure process and notice requirements.
Maine requires a judicial process for mortgage foreclosure. The process involves a notice of default, followed by the filing of a foreclosure summons and complaint in court. The property owner has rights to participate in mediation and a redemption period as determined by the court.
Governed by Maine Rules of Civil Procedure and state statutes; judicial foreclosure is the standard procedure.
Sellers must provide a written disclosure statement to the purchaser covering the water supply system, heating system, waste disposal system, and the presence of hazardous materials (asbestos, lead-based paint, radon).
33 M.R.S. § 173; enacted 1999, with subsequent amendments regarding specific system disclosures.
applies when — The parcel must be the permanent residence of the owner and the owner must have been a Maine resident for at least 12 months prior to April 1st of the tax year.
Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
36 M.R.S. § 683; effective for tax years beginning on or after April 1, 2016.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.