Patten, ME housing market
The typical Patten home is worth about $157,000, down 5.9% in a year, 62% below the Maine typical home.
Home values, sales, trends and how Patten compares with the towns next door — updated as new data is published.
Patten at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2024–2026
Show as a table
| January | Patten | Maine |
|---|---|---|
| 2024 | $167,000 | $398,000 |
| 2025 | $171,000 | $411,000 |
| 2026 | $151,000 | $412,000 |
| August 2026 | $157,000 | $416,000 |
3 new homes permitted in 2025
Builders were permitted 3 new homes in Patten in 2025, all single-family houses. That's 2.6 per 1,000 residents, slower than across Maine (5.5). Over the past 10 years, Patten has permitted 29 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Patten's population fell by 136 even though 20 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Maine: 0.9 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 2 | 2 | 0 | $350,000 |
| 2025 | 3 | 3 | 0 | $525,000 |
| 2024 | 3 | 3 | 0 | $525,000 |
| 2023 | 3 | 3 | 0 | $525,000 |
| 2022 | 3 | 3 | 0 | $525,000 |
| 2021 | 2 | 2 | 0 | $350,000 |
| 2020 | 2 | 2 | 0 | $350,000 |
| 2019 | 1 | 1 | 0 | $55,000 |
| 2018 | 4 | 4 | 0 | $350,000 |
| 2017 | 4 | 4 | 0 | $350,000 |
| 2016 | 4 | 4 | 0 | $350,000 |
| 2015 | 1 | 1 | 0 | $50,000 |
| 2014 | 1 | 1 | 0 | $75,000 |
| 2013 | 5 | 5 | 0 | $430,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 3 | 3 | 0 | $240,000 |
| 2008 | 1 | 1 | 0 | $30,000 |
| 2007 | 2 | 2 | 0 | $350,000 |
| 2006 | 2 | 2 | 0 | $350,000 |
| 2005 | 3 | 3 | 0 | $290,000 |
| 2004 | 4 | 4 | 0 | $205,000 |
| 2003 | 1 | 1 | 0 | $130,000 |
| 2002 | 3 | 3 | 0 | $171,000 |
| 2001 | 3 | 3 | 0 | $171,000 |
| 2000 | 3 | 3 | 0 | $171,000 |
Patten's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Patten and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Patten | $157K | −5.9% | $1,130 | 3 | $51,484 |
| Stacyville | — | — | $1,470 | 0 | $54,583 |
| Mount Chase | $205K | −2.4% | $1,110 | — | $41,711 |
3 years of income
The typical Patten home costs about 3 years of the town's median household income, less than across Maine (5.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,130
HUD's Fair Market Rent for a two-bedroom in Patten is $1,130 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Patten pay a median of $389, so moving in tends to cost more than staying put. A two-bedroom takes about 26% of the town's median household income.
Studio $830 · 4 bedrooms $1,640
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (04765, 04777; Penobscot County, ME (part) HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Patten
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.