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Bangor, ME
Home price forecast (1 year):* 0.7%
See Bangor on Money's Best Places to Live
Is this a good time to buy a home in Bangor?
Population:
(2006)
147,180
Median family income:
(2008)
$51,300
Median home price:
(2009)
N/A
Affordability index:
(Median home price/family income 2009)
N/A
Prices peaked in: 2008:Q2
Total climb during the boom:
(2000 to peak)
81.7%
Total decline so far:
(Peak through 2009)
-3.2%
One-year change:
(Q4 2008 to Q4 2009)
0.5%
Additional price change to bottom: -1.3%
When they'll hit bottom: 2010:Q3
*(Q1 2010 - Q1 2011)
† Data is for Bangor, ME Metropolitan Statistical Area
Notes:
Median home prices are for single-family homes through the third quarter of 2009, the most recent data available, and include sales of bank-owned properties.
Sources: Fiserv and Moody's Economy.com
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