Aroostook County, Maine Housing Market Prices
Aroostook County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 39% below the Maine median Among the top 5 cheapest counties in Maine$159,840
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Median rent 31% below the Maine median Among the top 3 cheapest counties in Maine$783
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Aroostook County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $159,840 | $261,367 | $248,835 |
| Price Trend (Annual %) | 11.1% | 8.5% | 7.5% |
| Median Gross Rent | $783 | $1,139 | $1,407 |
| Rent Trend (Annual %) | 4.1% | 4.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Aroostook County is about 39% lower than in Maine. Rent is about 31% lower than the Maine average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Aroostook County, up about 11.1% and 4.1% a year respectively. Home prices are changing faster.
Median rent in Aroostook County rose about 43.4% between 2015 and 2024, from $546 to $783. Over the same span, rent in Maine rose about 46.7%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Aroostook County.
Buying the median-priced home in Aroostook County costs roughly 17.0 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Aroostook County. The price-to-rent ratio in Maine is about 19.1.
| Metric | Aroostook County | Maine Avg | US Average |
|---|---|---|---|
| Median Home Price | $159,840 | $261,367 | $248,835 |
| Median Household Income | $56,855 | $74,723 | $80,455 |
| Price-to-Income Ratio | 2.8 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Aroostook County rose about 105.5%, while median household income rose about 51.6% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Aroostook County | Maine Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 58.0% | 59.0% | 58.5% |
| Rental Rate | 19.8% | 20.4% | 31.2% |
| Vacancy Rate | 22.2% | 20.6% | 10.2% |
| Median Tenure (years) | 18.0 | 16.0 | 15.0 |
| Median Year Moved In | 2008 | 2010 | 2011 |
Aroostook County has a homeownership rate of 58.0%, lower than the Maine average of 59.0%. Its housing vacancy rate is 22.2%, compared with 20.6% in Maine.
Housing Stock
| Metric | Aroostook County | Maine Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.18 people | 2.25 people | 2.53 people |
| Median Structure Built Year | 1971 | 1974 | 1978 |
| Median Number of Rooms | 5.5 | 5.5 | 5.5 |
The typical housing unit in Aroostook County was built around 1971. On average, 2.2 people live in a home with about 5.5 rooms, staying for about 18.0 years on average.
Aroostook County, ME Housing Compared With Nearby Counties
Aroostook County, ME is the 2nd largest of the 5 counties compared here, 67,056 residents against a local median of 53,708. Where Aroostook County, ME breaks from the counties next to it is median home price, sitting 27% below the local median of $220,434 at $159,840.
Median rent tells the same story from another angle: $783 against a local median of $975, 20% below it. The counties themselves spread $187,422 on median home price, so Aroostook County, ME sits at one end of an already wide local range rather than apart from it. Aroostook County, ME has the 4th highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Aroostook County, ME | 67,056 | $159,840 #4/5 | $783 #4/5 | 74.5% #4/5 |
| Penobscot County, ME | 154,700 | $178,672 | $1,041 | 70.5% |
| Somerset County, ME | 50,956 | $157,784 | $910 | 77.4% |
| Washington County, ME | 31,330 | $262,197 | $782 | 79.7% |
| Hancock County, ME | 56,460 | $345,205 | $1,060 | 78.5% |
Frequently Asked Questions
Common questions about the housing market in Aroostook County, Maine.
What is the median home price in Aroostook County, Maine?
The median home price in Aroostook County, Maine is $159,840, lower than the Maine average of $261,367.
What is the average home price in Aroostook County, Maine?
The typical home price in Aroostook County, Maine, reported as the median sale price, is $159,840. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Aroostook County, Maine?
The median gross rent in Aroostook County, Maine is $783 per month, lower than the Maine average of $1,139.
What was the median gross rent in Aroostook County in 2020?
In 2020, the median gross rent in Aroostook County, Maine was $588 per month.
What is the price-to-rent ratio in Aroostook County, Maine?
The price-to-rent ratio in Aroostook County, Maine is about 17.0, meaning it would take roughly 17.0 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Aroostook County.
Are home prices or rent rising faster in Aroostook County, Maine?
Both home prices and rent are rising in Aroostook County, up about 11.1% and 4.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Aroostook County, Maine?
58.0% of households in Aroostook County, Maine own their home, lower than the Maine average of 59.0%.
What is the vacancy rate in Aroostook County, Maine?
The housing vacancy rate in Aroostook County, Maine is 22.2%, higher than the Maine average of 20.6%.
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