Penobscot, ME

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Penobscot short-term rental market based on reliable data.

Listings

27 / 108

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$27,663

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$321,912

Median Home Sale Price

Top Earners

$47,029

Top-Earners Revenue

Penobscot

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Penobscot.

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B

Generally Investor friendly

Penobscot Regulations

STRs are allowed countywide with straightforward state licensing and tax registration. Bangor imposes strict caps and inspections, but smaller towns often have moderate or minimal rules, keeping compliance manageable for most investors.

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About Penobscot

Penobscot is a town in Hancock County, Maine, United States. The Bagaduce River flows through the town. The population was 1,136 at the 2020 census.

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