Commercial Real Estate Market in Northport, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
25 active listings and 15 off-market properties in Northport, ME.
Market Trends
Northport, ME spans 61.1 square miles in Waldo County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Northport, ME runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Northport, ME asks $182/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
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Northport, 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
Multifamily
Multifamily space in Northport, ME asks $165/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 6.4%
- Open space 3.1%
- Commercial 3.1%
Largest Zones share of zoned land by district
No Zoning
Stream Protection Shoreland
Unforested Freshwater Wetland Shoreland
Resource Protection Shoreland
Marine Residential Recreational 1 Shoreland
Marine Residential Recreational 1 Shoreland (MMR1)
The Marine Residential Recreational District 1 includes those areas suitable for residential and recreational development. It includes areas other than those in the Resource Protection District, or Stream Protection District.
Market overview
Demographics & Economy
Northport, ME has 3,862 residents in 2,521 households. Density runs 63 people per square mile. Median household income here is $79,051 and median gross rent $1,194 a month.
3,862
Population
2,521
Households
1.5
Avg Household Size
51
Median Age
48%
College-Educated
93%
High-School Grad
61.1 sq mi
ZIP Area
63
Density / Sq Mi
$79,051
Median Household Income
$43,833
Median Earnings
$1,194
Median Rent
$316,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Islesboro | — | — |
| Lincolnville | — | — |
| Belfast | — | — |
| Brooksville | — | — |
Commercial property in Northport, ME asks $4/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Northport?
Commercial property in Northport, ME asks an average of $4 per square foot. Retail carries the highest asking price at $182/SF.
Where does Realmo's Northport market data come from?
Realmo compiles Northport, ME figures from 25 active sale listings, 15 tracked off-market properties, the current Northport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 0 active for-lease listings in Northport, ME. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- 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: 15,256 zoned acres across 9 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 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
