Cities with the most expensive homes in the Bangor metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of September 17, the sits at 6.95%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

compiled a list of cities with the most expensive homes in the Bangor metro area using data from . Charts show the monthly typical home value since January 2018. Data was available for 35 cities and towns.

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#30. Dexter, ME

- Typical home value: $209,796
- 1-year price change: +3.5%
- 5-year price change: +32.5%

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#29. Exeter, ME

- Typical home value: $224,196
- 1-year price change: +3.3%
- 5-year price change: +31.6%

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#28. Milford, ME

- Typical home value: $226,187
- 1-year price change: +0.8%
- 5-year price change: +29.0%

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#27. Charleston, ME

- Typical home value: $228,532
- 1-year price change: +3.0%
- 5-year price change: +31.2%

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#26. Lincoln, ME

- Typical home value: $229,669
- 1-year price change: +6.6%
- 5-year price change: +38.7%

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#25. Enfield, ME

- Typical home value: $236,234
- 1-year price change: +12.7%
- 5-year price change: +47.2%

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#24. Kenduskeag, ME

- Typical home value: $242,549
- 1-year price change: +2.3%
- 5-year price change: +24.2%

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#23. Plymouth, ME

- Typical home value: $246,106
- 1-year price change: +1.4%
- 5-year price change: +21.1%

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#22. Dixmont, ME

- Typical home value: $253,936
- 1-year price change: +4.6%
- 5-year price change: +16.4%

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#21. Old Town, ME

- Typical home value: $256,347
- 1-year price change: +0.9%
- 5-year price change: +41.9%

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#20. Hudson, ME

- Typical home value: $258,928
- 1-year price change: +4.0%
- 5-year price change: +31.7%

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#19. Corinth, ME

- Typical home value: $262,599
- 1-year price change: +1.6%
- 5-year price change: +42.5%

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#18. Clifton, ME

- Typical home value: $264,458
- 1-year price change: +0.6%
- 5-year price change: +26.2%

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#17. Newport, ME

- Typical home value: $267,024
- 1-year price change: +4.6%
- 5-year price change: +42.4%

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#16. Stetson, ME

- Typical home value: $268,698
- 1-year price change: +2.5%
- 5-year price change: +29.2%

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#15. Etna, ME

- Typical home value: $269,241
- 1-year price change: +0.2%
- 5-year price change: +9.8%

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#14. Bradley, ME

- Typical home value: $276,408
- 1-year price change: +7.9%
- 5-year price change: +39.1%

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#13. Bangor, ME

- Typical home value: $288,461
- 1-year price change: +1.1%
- 5-year price change: +34.9%

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#12. Eddington, ME

- Typical home value: $302,658
- 1-year price change: +2.6%
- 5-year price change: +24.5%

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#11. Brewer, ME

- Typical home value: $306,030
- 1-year price change: +3.0%
- 5-year price change: +37.1%

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#10. Orono, ME

- Typical home value: $313,830
- 1-year price change: +1.7%
- 5-year price change: +28.7%

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#9. Levant, ME

- Typical home value: $330,456
- 1-year price change: +3.5%
- 5-year price change: +38.0%

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#8. Carmel, ME

- Typical home value: $331,989
- 1-year price change: +2.2%
- 5-year price change: +27.4%

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#7. Orrington, ME

- Typical home value: $339,591
- 1-year price change: +3.7%
- 5-year price change: +31.4%

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#6. Newburgh, ME

- Typical home value: $339,905
- 1-year price change: +3.0%
- 5-year price change: +28.1%

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#5. Glenburn, ME

- Typical home value: $348,803
- 1-year price change: +3.3%
- 5-year price change: +30.9%

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#4. Veazie, ME

- Typical home value: $351,226
- 1-year price change: +2.6%
- 5-year price change: +25.7%

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#3. Holden, ME

- Typical home value: $355,386
- 1-year price change: +3.4%
- 5-year price change: +30.4%

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#2. Hampden, ME

- Typical home value: $357,008
- 1-year price change: +3.1%
- 5-year price change: +34.6%

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#1. Hermon, ME

- Typical home value: $369,061
- 1-year price change: +2.5%
- 5-year price change: +25.1%

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