Those looking for an affordable property in northern Maine are in luck.
While the average price of a home in Maine steadily rose since the pandemic to reach roughly $400,000, there are still properties for sale around the state with asking prices well under $100,000 — or even $50,000.
They might require a little elbow grease — or need to be torn down entirely — but these sites are the perfect opportunity for someone with a little imagination and determination to build something new.
Here are five property listings in northern Maine with asking prices of $30,000 or less.
Madawaska, $19,000
Built in 1936, this 1,256-square foot house sits on a .2-acre lot on Main Street in Madawaska, directly across the street from the Acadia Family Health Center.
While the listing stresses the four-bedroom, one-bathroom home is not habitable because it doesn’t have running water or working plumbing, it’s also a “blank canvas for a creative mind with the necessary skills.”
The previous owner was redoing the home and removed both the stairs to the upper floor and basement, but further information on what was done is limited.
The property was listed the day after Christmas and the asking price of $19,000 has remained steady since then, the home’s Zillow listing shows.
Grand Isle, $19,600
The seller slowly worked on this 400-square-foot building on Main Street in Grand Isle in warmer weather, as it isn’t heated, and stripped it to the studs before putting it on the market last September for $22,000.
The listing has seen a series of price cuts since then to reach its current asking price of $19,600. If the property doesn’t sell by April, the owner will likely take it off the market and continue to renovate it, said Fred Dobbs of Dobbs Realty, the agency listing the property.
If someone wants to knock it down and build something new on the .4-acre lot, Dobbs said the property already has a well for water and septic system in place, which will minimize building expenses.
“It has good bones, it just needs someone to go in and do the work,” Dobbs said.
Bridgewater, $24,900
This nearly .8-acre property on Route 1 in Bridgewater has a 1,400-square-foot home that was built in 1940 and needs some work to make it liveable.
The three-bedroom, one-bathroom home was listed for sale on Nov. 26 with an asking price of $24,900, which has remained in place since then.
“The land alone is worth that,” said Andrew Mooers of Mooers Realty, the listing agent for the property. “It’s like a Charlie Brown Christmas tree, it just takes the right buyer.”
The property could be the perfect opportunity for a group of friends to pool their funds and turn it into a shared hunting camp or summer oasis, Moores said. Or, the home could be an affordable way for someone handy to break into homeownership without the burden of a mortgage.
“It’s like a car with fenders that don’t match,” Moores said. “It might not be pretty, but it gets you from point a to point b and it’s yours.”
Caribou, $27,400
This three-bedroom, two-bathroom home on Glendale Road near downtown Caribou offers nearly 1,200 square feet of living space.
The property, which has a two-car detached garage and sits on a roughly .2-acre lot, was listed on Nov. 11 for $44,900, but the price has been slashed to $27,400.
The home needs some significant work, including foundation repairs, but holds glimmers of what it once was and could be again. One bathroom, for example, holds a pink inlaid bathtub.
The location is ideal for those who want to be close to amenities but still tucked away on a residential road. It could be perfect for someone looking to flip the property, renovate it to rent out or make it their dream home, said Ryan Dorsey of Big Bear Real Estate Company, the listing agent for the property.
“It’s a great location, right next to the Caribou Recreation Department, but still has some privacy,” Dorsey said.
Oxbow, $29,900
This rural .6-acre property on Oxbow Road in Oxbow was listed for sale in March 2025 for $29,900.
The property once had water and some type of septic system on it, but it’s unclear what’s there now or what condition it’s in, according to the property listing.
The existing structures on the land are condemned and need to be torn down, said Tracy Ostlund of NextHome Discover, the listing agent for the property. The 864-square-foot home was built in 1986 and once offered two-bedrooms and one bathroom.
While the existing house needs to be torn down, the land could host a camper or be the future site for a hunting camp, as the area is full of wildlife.
