Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the South Penobscot area can be challenging. Home prices in South Penobscot are now at a median cost of $225,755, lower than the Maine average of $243,042.
The average cost of rent is $939/mo in South Penobscot, primarily driven by the current value of real estate in the South Penobscot area. While nearly 57.98% of residents own their homes outright in South Penobscot, 8.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in South Penobscot is $3,934 per month. Households that rent pay about 23.86% of their income on rent here. South Penobscot's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Penobscot, ME: equally priced homes
- West Brooksville, ME: higher priced homes
- West Penobscot, ME: equally priced homes
- Blue Hill, ME: higher priced homes
- Brooksville, ME: higher priced homes
- Castine, ME: higher priced homes
- Verona Island, ME: less expensive homes
- Norumbega, ME: higher priced homes
- Orland, ME: less expensive homes
- Sedgwick, ME: equally priced homes
Cities with Similar Populations
- Olivet, IL: less expensive homes
- Raccoon Ford, VA: higher priced homes
- Quiggleville, PA: less expensive homes
- Quarry, IA: less expensive homes
- Putnam, OK: less expensive homes
- Putnam Heights, CT: higher priced homes
- Oxoboxo River, CT: equally priced homes
- Osborn, AL: less expensive homes
- Ookala, HI: higher priced homes
- Ollie, MT: higher priced homes
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