Rural Maine sees influx of homebuyers during pandemic

HOULTON, Maine – No one could have guessed before the COVID-19 pandemic that Maine’s most rural and populous provinces would become the hottest real estate markets in the state.

But that is exactly what happened. In the provinces of Aroostook, Washington and Piscataquis, there are new homeowners who are reversing decades-long population drains of rural Maine. Newcomers leave the denser parts of the country in the coronavirus and accumulate real estate in the less populated parts of the state and benefit from the lower cost of living and market prices compared to where they were.

Maine as a whole saw a small increase, about 9 percent, in the number of real estate sold during the pandemic, and the number of out-of-state buyers increased from 25 to 33 percent during that period. But nowhere is the growth more pronounced, and the number of foreign arrivals greater than the rural areas in northern Maine.

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