04401 — Penobscot County, Maine Market Snapshot
Housing market data for zip code 04401 in Penobscot County, Maine. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$347,600
Days to Sell
38
Homes Sold
16
Inventory
10
Sale-to-List
98.6%
New Listings
16
Price/SqFt
$166
Pending Sales
16
Conforming Loan Available
Most homebuyers in 04401 can comfortably use conventional financing. The median home price of $347,600 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
04401's market is balanced with homes taking an average of 38 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 04401 (98.6% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 04401 can comfortably use conventional financing. The median home price of $347,600 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 04401 are set at the county level.
2026 Loan Limits — Penobscot County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 04401
To purchase the median home at $347,600 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,813.
Monthly Payment
$2,813
Income Required
$120,566
Principal & Interest
$2,142/mo
Down Payment (5%)
$17,380
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 04401.
Estimated Monthly Payment
$2,301
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