Maine’s rural lake camps are seeing historic interest

BANGOR DAILY NEWS • May 29, 2024

Buyers looking at lakefront camps in Maine used to be able to get good deals in rural areas, but real estate agents like Mallett say that is happening much less in today’s crazy real estate market. Skyrocketing prices in southern areas have sent prospective buyers north, sending prices soaring and squeezing some buyers out. In Piscataquis County the average home sales price has skyrocketed from $227,000 in March 2020 to $382,000 at that time in 2024. That’s a 68 percent increase in four years, and reflects a surge in demand for little inventory.