Market Overview
Home Prices in East Millinocket, ME
The median home value in East Millinocket, ME is $182,619 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 8.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in East Millinocket are priced55% below average. East Millinocket is part of the Bangor, ME metro area.
Price History
East Millinocket Home Price Trend
2024
$165,209
$165K
—
2025
$179,670
$180K
+8.8%
2026
$182,619
$183K
+1.6%
City Comparison
East Millinocket vs. National Median
🏠 East Millinocket
$182,619
National Median
$410,000
At $182,619, homes in East Millinocket cost 55% below the national median of $410,000. This makes East Millinocket a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in East Millinocket?
20% Down Payment
$36,524
on $182,619
Monthly P&I
$952/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,209/mo
incl. taxes & insurance
Income Needed
$48,360
gross annual (30% rule)
10% Down Option
$18,262
+ PMI applies
Loan Amount (20% dn)
$146,095
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in East Millinocket, ME?
The median home value in East Millinocket is $182,619 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in East Millinocket?
Over the past year, home values in East Millinocket have increased by 1.6%.
How much do I need to earn to buy a home in East Millinocket?
To comfortably afford the median home price of $182,619 with a 20% down payment ($36,524) at today's rates (6.8%), you'd need a gross annual income of approximately $48,360. This assumes keeping total housing costs at or below 30% of gross income.
How does East Millinocket compare to the national average home price?
The national median home value is approximately $410,000. At $182,619, homes in East Millinocket are 55% below the national average.
What metro area is East Millinocket part of?
East Millinocket is part of the Bangor, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.