Commercial Real Estate Market in New Limerick, ME

Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31

Market Trends

New Limerick, ME spans 18.2 square miles in Aroostook County, Maine. Figures below refresh monthly; last updated 31 August 2026.

Office

Office space in New Limerick, ME asks $49/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.

Average Sale Price $/SF

Listings

$58 May

$55 Jun

$49 Jul

Vacancy Rate % in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Retail

Retail space in New Limerick, ME asks $62/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.

Average Sale Price $/SF

Listings

$90 Feb

$76 Mar

$76 Apr

$67 May

$64 Jun

$62 Jul

Vacancy Rate % in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Industrial

Industrial vacancy in New Limerick, 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%.

Vacancy Rate % in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Multifamily

Multifamily space in New Limerick, ME asks $52/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.

Average Sale Price $/SF

Listings

$779 Jan

$67 Feb

$67 Mar

$57 Apr

$56 May

$53 Jun

$52 Jul

Vacancy Rate % in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Banks

1087 County, New Limerick, ME 04761-6010

Estimated value:

$250,000

0.88 Acres

View details

Banks

1671 County, New Limerick, ME 04761-6409

Estimated value:

$255,000

3.51 Acres

View details

Golf Courses And Driving Ranges

6 Country Clb E, New Limerick, ME 04761

Estimated value:

$255,000

144.92 Acres

View details

Other Commercial Real Estate

Drews Lk, New Limerick, ME 04761

Estimated value:

$225,000

0.81 Acres

View details

Other Land

9 Tapley Rd, New Limerick, ME 04761

Estimated value:

No data

4.05 Acres

View details

Market overview

Demographics & Economy

New Limerick, ME has 590 residents in 337 households. Density runs 32 people per square mile. Median household income here is $53,125 and median gross rent $647 a month.

590

Population

337

Households

1.8

Avg Household Size

Median Age

24%

College-Educated

97%

High-School Grad

18.2 sq mi

ZIP Area

Density / Sq Mi

$53,125

Median Household Income

$38,281

Median Earnings

$647

Median Rent

$252,000

Median Home Value

Tools

Business Placement

Nearby Markets

Market	Average Sale Price, $/SF	Average Lease Price, $/SF/Yr
Hodgdon	—	—
Ludlow	—	—
Houlton	—	—
Linneus	—	—

Methodology & data sources

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.
Refresh: The monthly aggregates close at the end of the previous month, so 31 August 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 August 2026 · report a data issue