BANGOR Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Bangor averaged 6.8% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.89% and one month ago for the week of 2024-11-07, the average rate was 6.69%.

    Bangor's average rate one year ago was 7.23%.

    For refis of the same type during the week of 2024-12-12, the average rate was 6.9%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    Bangor 30 Year Fixed Rate 2024-12-12 6.8%
    Bangor 30 Year Fixed Rate Refi 2024-12-12 6.9%
    Bangor 15 Year Fixed Rate 2024-12-12 6.97%
    Bangor 15 Year Fixed Rate Refi 2024-12-12 6.44%
    Bangor 30 Year FHA 2024-12-12 6.25%
    Bangor 30 Year FHA Refi 2024-12-12 6.28%
    Bangor 30 Year USDA 2024-12-12 6.3%
    Bangor 30 Year USDA Refi 2024-12-12 6.5%
    Bangor 30 Year VA 2024-12-12 6.19%
    Bangor 30 Year VA Refi 2024-12-12 6.18%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BANGOR, ME.

    BANGOR Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BANGOR, ME market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    Bangor Savings Bank 161 6.60% $3,373
    LEADERONE FINANCIAL CORPORATION 103 6.96% $4,754
    QUICKEN LOANS, LLC 54 6.89% $6,533
    CMG MORTGAGE, INC. 36 6.76% $5,204
    UNITED WHOLESALE MORTGAGE, LLC 29 7.06% $6,017
    University Credit Union 28 7.08% $4,243
    Maine Savings Federal Credit Union 28 7.29% $3,360
    The Camden National Bank 25 6.69% $4,419
    GUILD MORTGAGE COMPANY 20 7.01% $5,923
    KeyBank 18 7.03% $4,198
    CUSO MORTGAGE CORPORATION 15 6.77% $4,160
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 14 6.82% $6,061
    TD Bank 13 6.93% $2,043
    Bar Harbor Bank & Trust 13 6.59% $3,584
    MAINE HIGHLANDS FEDERAL CREDIT UNION 11 7.95% $4,115
    TOTAL MORTGAGE SERVICES, LLC 11 7.01% $4,762
    Machias Savings Bank 10 7.06% $4,202
    LOANDEPOT.COM, LLC 9 7.20% $6,555
    Mortgage Research Center, LLC 7 6.39% $6,135
    USAA Federal Savings Bank 7 6.84% $4,206
    First National Bank 6 6.81% $3,260
    SEABOARD FEDERAL CREDIT UNION 6 6.40% $4,020
    JPMorgan Chase Bank 5 7.27% $1,923
    AMERISAVE MORTGAGE CORPORATION 5 6.33% $7,544
    RADIUS FINANCIAL GROUP INC. 5 7.70% $4,542
    NEWREZ LLC 5 6.88% $4,509
    PRIMARY RESIDENTIAL MORTGAGE, INC. 4 7.25% $6,957
    Mr. Cooper ( Nationstar Mortgage ) 4 7.03% $6,100
    Paramount Residential Mortgage Group, Inc. 4 6.75% $8,331
    Deere Employees Credit Union 4 6.66% $3,404
    Wells Fargo Bank 4 5.72% $3,661
    HOMEBRIDGE FINANCIAL SERVICES, INC. 3 6.50% $5,484
    NORTHERN MORTGAGE SERVICES, LLC 3 6.67% $4,155
    Ally Bank 3 7.08% $8,208
    CROSSCOUNTRY MORTGAGE, LLC 3 6.75% $5,012
    FREEDOM MORTGAGE CORPORATION 3 6.75% $6,729
    U.S. Bank 3 7.00% $4,032
    M&T Bank 3 6.67% $5,470
    PENTAGON FEDERAL CREDIT UNION 2 6.25% $3,194
    Bank of America 2 6.25% $5,392
    Bath Savings Institution 2 6.50% $3,012
    BROKER SOLUTIONS, INC. 2 7.00% $8,058
    Century Mortgage Company DBA Century Lending Company 2 7.63% $5,253
    DAS Acquisition Company, LLC 2 7.25% $4,491
    Down East Credit Union 2 7.32% $2,998
    EMBRACE HOME LOANS, INC. 2 7.00% $6,325
    ENVOY MORTGAGE, LTD 2 6.88% $9,143
    HARBORONE MORTGAGE, LLC 2 7.63% $7,181
    MEGASTAR FINANCIAL CORP. 2 6.75% $4,384
    NAVY FEDERAL CREDIT UNION 2 7.81% $4,375
    PENNYMAC LOAN SERVICES, LLC 2 6.75% $5,515
    ACADEMY MORTGAGE CORPORATION 2 6.56% $3,512
    PNC Bank 2 6.31% $3,511
    MUTUAL OF OMAHA MORTGAGE, INC. 1 7.38% $3,815
    NATIONS DIRECT MORTGAGE, LLC 1 7.25% $3,014
    Nations Lending Corporation 1 6.38% $7,498
    ATLANTIC REGIONAL FEDERAL CREDIT UNION 1 8.25% $3,594
    LAKEVIEW LOAN SERVICING, LLC 1 6.13% $8,587
    INTEGRITY MORTGAGE LLC 1 6.13% $9,272
    Norway Savings Bank 1 5.63% $5,596
    OCMBC, INC. 1 7.75% $12,508
    HOMEXPRESS MORTGAGE CORP. 1 7.75% $9,257
    Androscoggin Savings Bank 1 6.99% $6,999
    American Mortgage & Equity Consultants, Inc. 1 6.99% $8,516
    PLAZA HOME MORTGAGE, INC. 1 7.50% $5,828
    AMERICAN FINANCING CORPORATION 1 6.50% $8,832
    Heritage Bank 1 5.88% $7,047
    Prosperity Home Mortgage, LLC 1 7.25% $6,754
    GUARANTEED RATE, INC. 1 6.90% $4,008
    Evolve Bank & Trust 1 6.88% $4,889
    RELIANCE FIRST CAPITAL, LLC 1 7.25% $6,235
    EMM LOANS LLC 1 6.88% $5,155
    SIS BANCORP, MHC 1 7.88% $2,906
    T2 FINANCIAL LLC 1 6.63% $12,271
    Citizens Bank 1 5.88% $3,763
    CALIBER HOME LOANS, INC. 1 6.99% $3,786
    The Central Trust Bank 1 7.13% $3,262
    BMO Harris Bank 1 6.00% $4,399
    TOWN & COUNTRY FEDERAL CREDIT UNION 1 6.63% $2,817
    Bank of Whittier 1 7.35% $3,278
    MORTGAGE MARKETS CUSO, LLC 1 6.50% $4,357
    MOVEMENT MORTGAGE, LLC 1 6.50% $7,036
    Mascoma Bank 1 6.00% $3,427
    Leader Bank 1 7.50% $3,950

    BANGOR Average Closing Costs & Other Stats

    BANGOR, ME's 84 lenders originated 2,899 loans during 2023. The total origination value was $530,465,000, with an average loan value of $182,982.

    BANGOR's average closing costs are $4,596.

    The top BANGOR lender as defined by loan originations is Bangor Savings Bank, with 161 loans originated. Their average total fees are $3,373, which is $1,381 lower than the next largest lender, LEADERONE FINANCIAL CORPORATION.

    The lowest fee BANGOR lenders (with over 10 loans originated) are TD Bank ($2,043), Maine Savings Federal Credit Union ($3,360), Bangor Savings Bank ($3,373), Bar Harbor Bank & Trust ($3,584) and MAINE HIGHLANDS FEDERAL CREDIT UNION ($4,115).

    The lowest rate BANGOR lenders (with over 10 loans originated) are Bar Harbor Bank & Trust (6.59%), Bangor Savings Bank (6.60%), The Camden National Bank (6.69%), CMG MORTGAGE, INC. (6.76%) and CUSO MORTGAGE CORPORATION (6.77%).

    BANGOR, ME Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Bangor Savings Bank $127,565,000 $88,480,000 -30.6% 16.7%
    LEADERONE FINANCIAL CORPORATION $37,330,000 $35,700,000 -4.4% 6.7%
    Machias Savings Bank $31,750,000 $27,425,000 -13.6% 5.2%
    Maine Savings Federal Credit Union $27,230,000 $27,130,000 -0.4% 5.1%
    QUICKEN LOANS, LLC $39,960,000 $25,535,000 -36.1% 4.8%
    First National Bank $41,225,000 $24,635,000 -40.2% 4.6%
    The Camden National Bank $43,165,000 $21,360,000 -50.5% 4.0%
    CMG MORTGAGE, INC. $20,875,000 $19,630,000 -6.0% 3.7%
    UNITED WHOLESALE MORTGAGE, LLC $15,245,000 $16,125,000 5.8% 3.0%
    Mortgage Research Center, LLC $17,350,000 $13,475,000 -22.3% 2.5%
    Katahdin Trust Company $18,780,000 $12,790,000 -31.9% 2.4%
    University Credit Union $14,430,000 $10,295,000 -28.7% 1.9%
    GUILD MORTGAGE COMPANY $21,965,000 $10,255,000 -53.3% 1.9%
    Acadia Federal Credit Union $4,285,000 $8,645,000 101.8% 1.6%
    TD Bank $11,835,000 $7,505,000 -36.6% 1.4%
    KeyBank $18,220,000 $7,265,000 -60.1% 1.4%
    LOANDEPOT.COM, LLC $10,280,000 $6,460,000 -37.2% 1.2%
    Bar Harbor Bank & Trust $6,430,000 $6,300,000 -2.0% 1.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,450,000 $6,300,000 -25.4% 1.2%
    LINCOLN MAINE FEDERAL CR UNION $6,270,000 n/a 1.2%
    SEBASTICOOK VALLEY Federal Credit Union $4,745,000 $5,995,000 26.3% 1.1%
    USAA Federal Savings Bank $3,945,000 $5,800,000 47.0% 1.1%
    CUSO MORTGAGE CORPORATION $8,055,000 $5,680,000 -29.5% 1.1%
    Wells Fargo Bank $4,580,000 $5,105,000 11.5% 1.0%
    TOTAL MORTGAGE SERVICES, LLC $3,780,000 $4,880,000 29.1% 0.9%
    Deere Employees Credit Union $4,495,000 $3,990,000 -11.2% 0.8%
    Bangor Federal Credit Union $5,510,000 $3,625,000 -34.2% 0.7%
    KATAHDIN FCU $4,520,000 $3,495,000 -22.7% 0.7%
    NEWREZ LLC $2,495,000 $3,415,000 36.9% 0.6%
    SEABOARD FEDERAL CREDIT UNION $4,230,000 $3,385,000 -20.0% 0.6%
    Skowhegan Savings Bank $2,455,000 $3,145,000 28.1% 0.6%
    EMBRACE HOME LOANS, INC. $6,635,000 $2,730,000 -58.9% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $5,770,000 $2,695,000 -53.3% 0.5%
    NAVY FEDERAL CREDIT UNION $5,970,000 $2,550,000 -57.3% 0.5%
    FREEDOM MORTGAGE CORPORATION $3,445,000 $2,480,000 -28.0% 0.5%
    AMERISAVE MORTGAGE CORPORATION $5,255,000 $2,470,000 -53.0% 0.5%
    Kennebec Savings Bank $2,275,000 $2,430,000 6.8% 0.5%
    ATLANTIC REGIONAL FEDERAL CREDIT UNION $80,000 $2,375,000 2,868.8% 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $8,570,000 $2,285,000 -73.3% 0.4%
    MAINE HIGHLANDS FEDERAL CREDIT UNION $4,345,000 $2,275,000 -47.6% 0.4%
    PENNYMAC LOAN SERVICES, LLC $5,140,000 $1,905,000 -62.9% 0.4%
    BROKER SOLUTIONS, INC. $2,210,000 $1,875,000 -15.2% 0.4%
    Bank of America $985,000 $1,770,000 79.7% 0.3%
    JPMorgan Chase Bank $2,990,000 $1,735,000 -42.0% 0.3%
    NEW DAY FINANCIAL, LLC $1,010,000 $1,725,000 70.8% 0.3%
    Paramount Residential Mortgage Group, Inc. $145,000 $1,685,000 1,062.1% 0.3%
    PRIMARY RESIDENTIAL MORTGAGE, INC. $4,445,000 $1,560,000 -64.9% 0.3%
    The Federal Savings Bank $1,250,000 $1,530,000 22.4% 0.3%
    NORTHERN MORTGAGE SERVICES, LLC $2,955,000 $1,470,000 -50.3% 0.3%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $1,800,000 $1,425,000 -20.8% 0.3%
    CALIBER HOME LOANS, INC. $4,275,000 $1,370,000 -68.0% 0.3%
    T2 FINANCIAL LLC $1,315,000 n/a 0.2%
    ACADEMY MORTGAGE CORPORATION $1,990,000 $1,225,000 -38.4% 0.2%
    U.S. Bank $990,000 $1,175,000 18.7% 0.2%
    AMERICAN FINANCING CORPORATION $1,945,000 $1,165,000 -40.1% 0.2%
    RADIUS FINANCIAL GROUP INC. $1,150,000 n/a 0.2%
    Discover Bank $800,000 $1,065,000 33.1% 0.2%
    CHURCHILL MORTGAGE CORPORATION $1,015,000 n/a 0.2%
    Century Mortgage Company DBA Century Lending Company $970,000 n/a 0.2%
    BMO Harris Bank $960,000 n/a 0.2%
    PNC Bank $490,000 $955,000 94.9% 0.2%
    Ally Bank $1,185,000 $845,000 -28.7% 0.2%
    Maine Community Bank $775,000 n/a 0.1%
    Mascoma Bank $775,000 n/a 0.1%
    Carrington Mortgage Services, LLC $590,000 $765,000 29.7% 0.1%
    HOMEXPRESS MORTGAGE CORP. $750,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $185,000 $735,000 297.3% 0.1%
    HARBORONE MORTGAGE, LLC $715,000 n/a 0.1%
    POLARIS HOME FUNDING CORP. $715,000 n/a 0.1%
    MOVEMENT MORTGAGE, LLC $595,000 $655,000 10.1% 0.1%
    Coastal Community Bank $640,000 n/a 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $625,000 n/a 0.1%
    Androscoggin Savings Bank $605,000 $615,000 1.7% 0.1%
    First Federal Savings and Loan Association of Bath $45,000 $615,000 1,266.7% 0.1%
    AMWEST FUNDING CORP. $600,000 n/a 0.1%
    DAS Acquisition Company, LLC $555,000 $570,000 2.7% 0.1%
    PENTAGON FEDERAL CREDIT UNION $555,000 n/a 0.1%
    Plains Commerce Bank $545,000 n/a 0.1%
    Quontic Bank $205,000 $545,000 165.9% 0.1%
    AMERICAN FINANCIAL RESOURCES, INC. $680,000 $540,000 -20.6% 0.1%
    Norway Savings Bank $765,000 $530,000 -30.7% 0.1%
    The Central Trust Bank $520,000 n/a 0.1%
    LAKEVIEW LOAN SERVICING, LLC $1,500,000 $515,000 -65.7% 0.1%
    M&T Bank $830,000 $510,000 -38.6% 0.1%
    Citizens Bank $2,010,000 $490,000 -75.6% 0.1%
    ENVOY MORTGAGE, LTD $485,000 $490,000 1.0% 0.1%
    RELIANCE FIRST CAPITAL, LLC $1,005,000 $485,000 -51.7% 0.1%
    Evolve Bank & Trust $480,000 n/a 0.1%
    Flagstar Bank, FSB $340,000 $455,000 33.8% 0.1%
    MEGASTAR FINANCIAL CORP. $195,000 $455,000 133.3% 0.1%
    TOWN & COUNTRY FEDERAL CREDIT UNION $75,000 $455,000 506.7% 0.1%
    Home Loan Investment Bank, F.S.B. $450,000 n/a 0.1%
    OCMBC, INC. $155,000 $430,000 177.4% 0.1%
    American Mortgage & Equity Consultants, Inc. $175,000 $425,000 142.9% 0.1%
    NORTHEAST HOME LOAN, LLC $900,000 $420,000 -53.3% 0.1%
    Heritage Bank $415,000 n/a 0.1%
    Community First National Bank $345,000 $395,000 14.5% 0.1%
    Equity Prime Mortgage LLC $215,000 $370,000 72.1% 0.1%
    21ST MORTGAGE CORPORATION $135,000 $340,000 151.9% 0.1%
    First Savings Bank $335,000 n/a 0.1%
    NORTHPOINT MORTGAGE, INC. $710,000 $335,000 -52.8% 0.1%
    Bank of Whittier $325,000 n/a 0.1%
    A&D Mortgage LLC $310,000 n/a 0.1%
    GUARANTEED RATE AFFINITY, LLC $135,000 $305,000 125.9% 0.1%
    Bath Savings Institution $205,000 $300,000 46.3% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $1,960,000 $295,000 -84.9% 0.1%
    Down East Credit Union $875,000 $290,000 -66.9% 0.1%
    GUARANTEED RATE, INC. $345,000 $275,000 -20.3% 0.1%
    SPRING EQ, LLC $415,000 $275,000 -33.7% 0.1%
    INTEGRITY MORTGAGE LLC $460,000 $265,000 -42.4% 0.0%
    Barrington Bank & Trust Company, N.A. $1,010,000 $255,000 -74.8% 0.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $500,000 $255,000 -49.0% 0.0%
    TRIAD FINANCIAL SERVICES, INC. $165,000 $230,000 39.4% 0.0%
    CARDINAL FINANCIAL $1,440,000 $225,000 -84.4% 0.0%
    FINANCE OF AMERICA REVERSE LLC $225,000 n/a 0.0%
    Shamrock Home Loans, Inc. $225,000 n/a 0.0%
    Bethpage Federal Credit Union $210,000 n/a 0.0%
    Leader Bank $205,000 n/a 0.0%
    Wyndham Capital Mortgage, Inc. $75,000 $205,000 173.3% 0.0%
    Figure Lending LLC $360,000 $200,000 -44.4% 0.0%
    NATIONS DIRECT MORTGAGE, LLC $195,000 n/a 0.0%
    PLAZA HOME MORTGAGE, INC. $195,000 n/a 0.0%
    Service Federal Credit Union $185,000 n/a 0.0%
    First IC Corporation $175,000 n/a 0.0%
    LENDINGONE, LLC $105,000 $165,000 57.1% 0.0%
    SOUTHWEST STAGE FUNDING, LLC $165,000 n/a 0.0%
    United States Senate Federal Credit Union $55,000 $145,000 163.6% 0.0%
    SIS BANCORP, MHC $455,000 $135,000 -70.3% 0.0%
    MORTGAGE MARKETS CUSO, LLC $125,000 n/a 0.0%
    Nations Lending Corporation $340,000 $125,000 -63.2% 0.0%
    EMM LOANS LLC $155,000 $105,000 -32.3% 0.0%
    American Airlines Federal Credit Union $225,000 $65,000 -71.1% 0.0%
    DIGITAL Federal Credit Union $65,000 $55,000 -15.4% 0.0%
    WESTERLY COMMUNITY $55,000 n/a 0.0%
    GREENWOOD $35,000 n/a 0.0%
    HANSCOM $35,000 n/a 0.0%
    CUMBERLAND COUNTY $65,000 $25,000 -61.5% 0.0%
    Centier Bank $15,000 n/a 0.0%

    BANGOR's top lender by overall market share is Bangor Savings Bank, with 16.7% market share. In second place, with 6.7%, is LEADERONE FINANCIAL CORPORATION, having originated $35,700,000 in loans. In third place, with 5.2%, is Machias Savings Bank, having originated $27,425,000 in loans. In fourth place, with 5.1%, is Maine Savings Federal Credit Union, having originated $27,130,000 in loans. In fifth place, with 4.8%, is QUICKEN LOANS, LLC, having originated $25,535,000 in loans.

    BANGOR Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - BANGOR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $148,000 (-0.7%) $181,180 (-3.2%) 0.55 789
    2018-02-01 $144,850 (-3.3%) $182,807 (-2.9%) 0.53 723
    2018-03-01 $149,250 (-1.8%) $188,936 (-1.2%) 0.52 712
    2018-04-01 $149,900 (-5.7%) $191,298 (-2.3%) 0.51 727
    2018-05-01 $159,000 (-0.6%) $197,646 (2.2%) 0.53 761
    2018-06-01 $164,000 (2.6%) $202,033 (4.5%) 0.55 816
    2018-07-01 $169,000 (6.3%) $208,976 (10.1%) 0.56 903
    2018-08-01 $166,722 (9.3%) $205,057 (9.0%) 0.56 913
    2018-09-01 $168,000 (8.5%) $198,264 (3.5%) 0.56 883
    2018-10-01 $159,900 (3.2%) $191,212 (-0.7%) 0.54 892
    2018-11-01 $159,900 (6.7%) $190,366 (0.3%) 0.54 848
    2018-12-01 $157,500 (5.4%) $185,087 (-1.0%) 0.54 773
    2019-01-01 $154,900 (4.7%) $182,611 (0.8%) 0.54 712
    2019-02-01 $159,450 (10.1%) $188,379 (3.1%) 0.54 686
    2019-03-01 $162,043 (8.6%) $194,815 (3.1%) 0.53 653
    2019-04-01 $165,575 (10.5%) $199,614 (4.4%) 0.53 628
    2019-05-01 $165,000 (3.8%) $203,114 (2.8%) 0.52 680
    2019-06-01 $169,000 (3.1%) $207,206 (2.6%) 0.53 751
    2019-07-01 $169,900 (0.5%) $207,426 (-0.7%) 0.53 815
    2019-08-01 $169,900 (1.9%) $206,617 (0.8%) 0.54 812
    2019-09-01 $169,900 (1.1%) $209,651 (5.7%) 0.54 766
    2019-10-01 $169,900 (6.3%) $212,039 (10.9%) 0.55 731
    2019-11-01 $169,900 (6.3%) $208,443 (9.5%) 0.56 682
    2019-12-01 $165,000 (4.8%) $207,664 (12.2%) 0.55 624
    2020-01-01 $165,000 (6.5%) $209,794 (14.9%) 0.55 565
    2020-02-01 $165,000 (3.5%) $209,883 (11.4%) 0.54 541
    2020-03-01 $166,475 (2.7%) $212,764 (9.2%) 0.52 527
    2020-04-01 $165,600 (0.0%) $205,152 (2.8%) 0.52 512
    2020-05-01 $179,900 (9.0%) $215,016 (5.9%) 0.55 480
    2020-06-01 $177,425 (5.0%) $217,170 (4.8%) 0.52 451
    2020-07-01 $192,000 (13.0%) $226,109 (9.0%) 0.56 436
    2020-08-01 $184,450 (8.6%) $223,009 (7.9%) 0.53 396
    2020-09-01 $182,700 (7.5%) $219,146 (4.5%) 0.52 396
    2020-10-01 $174,950 (3.0%) $217,465 (2.6%) 0.50 371
    2020-11-01 $179,900 (5.9%) $225,636 (8.3%) 0.53 360
    2020-12-01 $189,225 (14.7%) $232,910 (12.2%) 0.56 325
    2021-01-01 $185,250 (12.3%) $235,518 (12.3%) 0.55 269
    2021-02-01 $204,000 (23.6%) $245,362 (16.9%) 0.59 206
    2021-03-01 $217,175 (30.5%) $255,297 (20.0%) 0.62 185
    2021-04-01 $219,250 (32.4%) $263,925 (28.7%) 0.59 185
    2021-05-01 $229,000 (27.3%) $269,771 (25.5%) 0.61 225
    2021-06-01 $238,700 (34.5%) $280,498 (29.2%) 0.63 275
    2021-07-01 $234,900 (22.3%) $286,166 (26.6%) 0.62 320
    2021-08-01 $227,450 (23.3%) $273,909 (22.8%) 0.61 377
    2021-09-01 $229,900 (25.8%) $273,210 (24.7%) 0.61 377
    2021-10-01 $219,900 (25.7%) $263,683 (21.3%) 0.59 332
    2021-11-01 $219,000 (21.7%) $266,541 (18.1%) 0.59 309
    2021-12-01 $199,975 (5.7%) $265,428 (14.0%) 0.54 259
    2022-01-01 $199,500 (7.7%) $278,439 (18.2%) 0.54 185
    2022-02-01 $199,975 (-2.0%) $282,487 (15.1%) 0.52 175
    2022-03-01 $224,950 (3.6%) $281,311 (10.2%) 0.56 179
    2022-04-01 $239,450 (9.2%) $273,186 (3.5%) 0.57 181
    2022-05-01 $245,500 (7.2%) $276,661 (2.6%) 0.56 225
    2022-06-01 $249,500 (4.5%) $298,761 (6.5%) 0.56 306
    2022-07-01 $248,700 (5.9%) $319,201 (11.5%) 0.56 339
    2022-08-01 $234,950 (3.3%) $312,661 (14.2%) 0.54 357
    2022-09-01 $244,450 (6.3%) $321,540 (17.7%) 0.57 336
    2022-10-01 $249,000 (13.2%) $314,750 (19.4%) 0.59 327
    2022-11-01 $242,250 (10.6%) $303,641 (13.9%) 0.58 305
    2022-12-01 $232,450 (16.2%) $300,355 (13.2%) 0.57 258
    2023-01-01 $229,900 (15.2%) $302,589 (8.7%) 0.57 223
    2023-02-01 $243,350 (21.7%) $316,042 (11.9%) 0.59 199
    2023-03-01 $249,500 (10.9%) $324,152 (15.2%) 0.59 177
    2023-04-01 $265,000 (10.7%) $341,580 (25.0%) 0.62 167
    2023-05-01 $275,750 (12.3%) $345,852 (25.0%) 0.63 182
    2023-06-01 $287,000 (15.0%) $339,285 (13.6%) 0.64 223
    2023-07-01 $299,000 (20.2%) $378,308 (18.5%) 0.68 273
    2023-08-01 $297,000 (26.4%) $377,006 (20.6%) 0.68 294
    2023-09-01 $285,000 (16.6%) $365,000 (13.5%) 0.66 305
    2023-10-01 $289,925 (16.4%) $365,269 (16.1%) 0.68 308
    2023-11-01 $293,950 (21.3%) $352,808 (16.2%) 0.70 314
    2023-12-01 $274,950 (18.3%) $343,521 (14.4%) 0.67 307
    2024-01-01 $278,500 (21.1%) $340,811 (12.6%) 0.68 271
    2024-02-01 $279,725 (15.0%) $353,584 (11.9%) 0.67 219
    2024-03-01 $289,561 (16.1%) $360,059 (11.1%) 0.68 233
    2024-04-01 $297,500 (12.3%) $364,511 (6.7%) 0.69 264
    2024-05-01 $298,000 (8.1%) $367,725 (6.3%) 0.67 293
    2024-06-01 $299,900 (4.5%) $369,240 (8.8%) 0.67 360
    2024-07-01 $306,225 (2.4%) $345,141 (-8.8%) 0.70 393
    2024-08-01 $299,900 (1.0%) $355,453 (-5.7%) 0.70 426
    2024-09-01 $299,000 (4.9%) $349,152 (-4.3%) 0.70 459
    2024-10-01 $299,056 (3.2%) $342,470 (-6.2%) 0.70 473
    2024-11-01 $299,900 (2.0%) $346,328 (-1.8%) 0.72 475
    BANGOR's median listing price for 2024-11-01 was $299,900, a difference of $5,950 (2.0%) versus the prior year and $844 versus the prior month.

    BANGOR's median listing price comes in at 72% of the national average.

    BANGOR's average listing price for 2024-11-01 was $346,328, a difference of $-6,480 (-1.8%) versus the prior year and $3,858 versus the prior month.

    For the 2024-11-01 period, BANGOR had 475 MLS listings, a difference of 2 listings (0%) versus the prior month and 161 listings (51%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - BANGOR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 137 days 1,587 sqft
    2018-02-01 147 days 1,587 sqft
    2018-03-01 144 days 1,586 sqft
    2018-04-01 129 days 1,580 sqft
    2018-05-01 76 days 1,600 sqft
    2018-06-01 59 days 1,604 sqft
    2018-07-01 63 days 1,637 sqft
    2018-08-01 69 days 1,626 sqft
    2018-09-01 78 days 1,624 sqft
    2018-10-01 84 days 1,600 sqft
    2018-11-01 89 days 1,600 sqft
    2018-12-01 105 days 1,600 sqft
    2019-01-01 116 days 1,586 sqft
    2019-02-01 124 days 1,600 sqft
    2019-03-01 118 days 1,613 sqft
    2019-04-01 98 days 1,628 sqft
    2019-05-01 65 days 1,623 sqft
    2019-06-01 50 days 1,627 sqft
    2019-07-01 57 days 1,600 sqft
    2019-08-01 65 days 1,600 sqft
    2019-09-01 75 days 1,600 sqft
    2019-10-01 85 days 1,600 sqft
    2019-11-01 95 days 1,624 sqft
    2019-12-01 99 days 1,632 sqft
    2020-01-01 110 days 1,600 sqft
    2020-02-01 110 days 1,600 sqft
    2020-03-01 114 days 1,593 sqft
    2020-04-01 109 days 1,591 sqft
    2020-05-01 88 days 1,627 sqft
    2020-06-01 66 days 1,623 sqft
    2020-07-01 51 days 1,658 sqft
    2020-08-01 52 days 1,619 sqft
    2020-09-01 48 days 1,600 sqft
    2020-10-01 46 days 1,600 sqft
    2020-11-01 52 days 1,594 sqft
    2020-12-01 61 days 1,609 sqft
    2021-01-01 80 days 1,600 sqft
    2021-02-01 86 days 1,582 sqft
    2021-03-01 68 days 1,600 sqft
    2021-04-01 36 days 1,690 sqft
    2021-05-01 26 days 1,672 sqft
    2021-06-01 25 days 1,615 sqft
    2021-07-01 32 days 1,616 sqft
    2021-08-01 36 days 1,615 sqft
    2021-09-01 46 days 1,645 sqft
    2021-10-01 57 days 1,666 sqft
    2021-11-01 71 days 1,673 sqft
    2021-12-01 78 days 1,556 sqft
    2022-01-01 96 days 1,560 sqft
    2022-02-01 106 days 1,507 sqft
    2022-03-01 60 days 1,500 sqft
    2022-04-01 40 days 1,554 sqft
    2022-05-01 26 days 1,562 sqft
    2022-06-01 24 days 1,554 sqft
    2022-07-01 33 days 1,579 sqft
    2022-08-01 41 days 1,540 sqft
    2022-09-01 50 days 1,645 sqft
    2022-10-01 58 days 1,686 sqft
    2022-11-01 63 days 1,583 sqft
    2022-12-01 85 days 1,510 sqft
    2023-01-01 104 days 1,544 sqft
    2023-02-01 115 days 1,581 sqft
    2023-03-01 109 days 1,622 sqft
    2023-04-01 36 days 1,680 sqft
    2023-05-01 29 days 1,618 sqft
    2023-06-01 28 days 1,623 sqft
    2023-07-01 31 days 1,614 sqft
    2023-08-01 38 days 1,633 sqft
    2023-09-01 41 days 1,605 sqft
    2023-10-01 43 days 1,613 sqft
    2023-11-01 47 days 1,600 sqft
    2023-12-01 65 days 1,598 sqft
    2024-01-01 87 days 1,589 sqft
    2024-02-01 106 days 1,593 sqft
    2024-03-01 70 days 1,525 sqft
    2024-04-01 47 days 1,612 sqft
    2024-05-01 45 days 1,641 sqft
    2024-06-01 41 days 1,632 sqft
    2024-07-01 47 days 1,642 sqft
    2024-08-01 51 days 1,666 sqft
    2024-09-01 51 days 1,640 sqft
    2024-10-01 58 days 1,632 sqft
    2024-11-01 68 days 1,664 sqft
    BANGOR's median listing age (time on market) for 2024-11-01 was 68 days. This is 45% longer than the same period one year ago.

    BANGOR's median square footage for active listings during the 2024-11-01 period was 1,664 sqft. One year prior, the average listing was 1,600 sqft.

    BANGOR, ME Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,526 $369,990,000 $242,457
    Home Improvement 440 $37,700,000 $85,682
    Cash Out Refi 361 $58,385,000 $161,731
    Other 303 $26,495,000 $87,442
    Refi 269 $37,895,000 $140,874

    Bangor's most frequently cited loan purpose was Home Purchase, with 1,526 originations. The 2nd most popular reason was Home Improvement, with 440 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    7-8% 935 $162,085,000 $173,353
    6-7% 753 $175,935,000 $233,645
    Over 8% 524 $56,750,000 $108,302
    5-6% 338 $77,210,000 $228,432
    4-5% 33 $9,545,000 $289,242
    3-4% 2 $170,000 $85,000

    During 2023, Bangor's most frequently originated rate bucket was 7-8%, with 935 originations.

    Loan Sizing (BANGOR, ME MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 930 $51,940,000 $55,849
    $200k-400k 901 $242,165,000 $268,774
    $100k-200k 900 $133,310,000 $148,122
    $400k-600k 130 $61,100,000 $470,000
    $600k-1000k 23 $15,755,000 $685,000
    $Over $1MM 15 $26,195,000 $1,746,333

    BANGOR's loan sizing saw the bucket of loans from $100,000 or less with 930 originations, totaling $51,940,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 961 $240,955,000 $250,734
    60-80% 582 $135,830,000 $233,385
    20-40% 424 $37,840,000 $89,245
    Under 20% 323 $15,565,000 $48,189
    40-60% 247 $36,595,000 $148,158
    Over 100% 39 $12,165,000 $311,923

    BANGOR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 961 originations, totaling $240,955,000 in origination value.