Commercial Real Estate Market in Skowhegan, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
34 active listings and 409 off-market properties in Skowhegan, ME.
Market Trends
Skowhegan, ME spans 99.6 square miles in Somerset County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Skowhegan, 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 Skowhegan, ME asks $119/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 Skowhegan, 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 Skowhegan, ME asks $101/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
Market overview
Demographics & Economy
Skowhegan, ME has 9,937 residents in 4,967 households. Density runs 100 people per square mile. Median household income here is $55,245 and median gross rent $869 a month.
9,937
Population
4,967
Households
2
Avg Household Size
45
Median Age
24%
College-Educated
94%
High-School Grad
99.6 sq mi
ZIP Area
100
Density / Sq Mi
$55,245
Median Household Income
$34,897
Median Earnings
$869
Median Rent
$159,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Norridgewock | — | — |
| Cornville | — | — |
| Canaan | — | — |
| Madison | — | — |
Commercial property in Skowhegan, ME asks $44/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Skowhegan?
Commercial property in Skowhegan, ME asks an average of $44 per square foot. The 6 most recent recorded sales traded at a median of $69/SF. Retail carries the highest asking price at $119/SF.
Where does Realmo's Skowhegan market data come from?
Realmo compiles Skowhegan, ME figures from 6 recent recorded sales, 34 active sale listings, 409 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 34 active for-sale and 0 active for-lease listings in Skowhegan, 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.
- 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
