Aroostook County, Maine Housing Market
In Aroostook County, Maine, the median home value is $149,700, with a median monthly rent of $784. This places Aroostook County at #2248 nationally out of 3134 counties by median home value, and #16 within Maine.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,000
- Establishments: 2,096
- BLS QCEW, 2025
Housing Supply
- Single-family: 62
- Multi-family: 2
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 27,781 (avg $59,360)
- Outflow: 26,286 (avg $59,307)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 2 active ZIP codes in Aroostook County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 04769 | 299.4 | +7.08% | 2025 |
| 2 | 04736 | 293.5 | +1.98% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Aroostook County Compares
| Metric | Aroostook County | Maine Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $149,700 | $260,725 | $227,706 |
| Median Gross Rent | $784 | $1,020 | $968 |
| Owner Occupancy Rate | 74.5% | 76.6% | 73.3% |
| Price/Rent Ratio | 15.9 | 20.9 | 18.7 |
Market Analysis
The median home value in Aroostook County is 42.6% below the Maine state average and 34.3% below the U.S. national average. The median rent of $784/month is 23.1% below the state average.
With a price-to-rent ratio of 15.9, the buy-vs-rent decision in Aroostook County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Aroostook County has an owner-occupancy rate of 74.5%, compared to 76.6% in Maine and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Bleckley County | Georgia | $149,600 | $799 |
| Frontier County | Nebraska | $149,800 | $666 |
| Major County | Oklahoma | $149,600 | $696 |
| Marshall County | West Virginia | $149,800 | $837 |
| Tuscola County | Michigan | $149,500 | $819 |
Other Counties in Maine
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Washington County | $161,800 | $783 | 79.7% |
| Somerset County | $166,900 | $910 | 77.4% |
| Piscataquis County | $170,200 | $837 | 78.8% |
| Franklin County | $194,700 | $802 | 76.3% |
| Penobscot County | $214,100 | $1,041 | 70.5% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).