BANGOR Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Bangor averaged 6.95% for the week of 2024-07-03, compared to the national average of 6.95% for the same period.

The average rate for the prior week (2024-06-27) was 6.86% and one month ago for the week of 2024-05-30, the average rate was 7.03%.

Bangor's average rate one year ago was 6.61%.

For refis of the same type during the week of 2024-07-03, the average rate was 7.45%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-03 6.95%
Bangor 30 Year Fixed Rate 2024-07-03 6.95%
Bangor 30 Year Fixed Rate Refi 2024-07-03 7.45%
Bangor 15 Year Fixed Rate 2024-07-03 7.18%
Bangor 15 Year Fixed Rate Refi 2024-07-03 6.15%
Bangor 30 Year FHA 2024-07-03 6.7%
Bangor 30 Year FHA Refi 2024-07-03 6.82%
Bangor 30 Year USDA 2024-07-03 6.64%
Bangor 30 Year USDA Refi 2024-07-03 6.54%
Bangor 30 Year VA 2024-07-03 6.49%
Bangor 30 Year VA Refi 2024-07-03 6.58%
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 $311,950 (8.7%) $369,240 (8.8%) 0.70 360
BANGOR's median listing price for 2024-06-01 was $311,950, a difference of $24,950 (8.7%) versus the prior year and $13,950 versus the prior month.

BANGOR's median listing price comes in at 70% of the national average.

BANGOR's average listing price for 2024-06-01 was $369,240, a difference of $29,955 (8.8%) versus the prior year and $1,515 versus the prior month.

For the 2024-06-01 period, BANGOR had 360 MLS listings, a difference of 67 listings (23%) versus the prior month and 137 listings (61%) 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 43 days 1,644 sqft
BANGOR's median listing age (time on market) for 2024-06-01 was 43 days. This is 54% longer than the same period one year ago.

BANGOR's median square footage for active listings during the 2024-06-01 period was 1,644 sqft. One year prior, the average listing was 1,623 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.