Commercial Real Estate Market in Dexter, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
8 active listings and 76 off-market properties in Dexter, ME.
Market Trends
Dexter, ME spans 60.3 square miles in Penobscot County, Maine. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Penobscot County, office space asks $129/SF to buy. Office vacancy in Dexter, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Penobscot County, retail space asks $86/SF to buy. Retail vacancy in Dexter, ME runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Dexter, ME runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Penobscot County, multifamily space asks $131/SF to buy. Multifamily vacancy in Dexter, ME runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 96.4%
- Industrial 2.5%
- Commercial 1.1%
Largest Zones share of zoned land by district
Dexter, ME zones 23,778 acres across 4 districts. Commercial zoning covers 1.1% of zoned land, residential 96.4% and industrial 2.5%. The largest single district is Rural at 92.7%. For commercial buyers the practical constraint is that only 3.6% of land carries a commercial or industrial designation.
The Rural District is intended to preserve areas which are presently rural or agricultural in character and use. This district is designed to accommodate a variety of residential development opportunities for those who desire low density living and are willing to live in more remote locations and to assume the costs of providing many of their own services an…
Market overview
Demographics & Economy
Dexter, ME has 4,287 residents in 2,463 households. Density runs 71 people per square mile. Median household income here is $53,537 and median gross rent $891 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Dexter?
What zoning applies to commercial property in Dexter?
Where does Realmo's Dexter market data come from?
Methodology & data sources
- Asking prices and medians
- There are 8 active for-sale and 0 active for-lease listings in Dexter, ME. The sale median is based on 8 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 23,778 zoned acres across 4 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
