Land Market Insights and Pricing in Franklin County, Maine

Franklin County, Maine, offers a diverse landscape of rugged Appalachian terrain, encompassing 1,697 square miles of land and 47 square miles of water. The western and central regions boast dense forests with valuable timber resources, while the eastern part features the Longfellow Mountains, providing scenic beauty and outdoor recreation opportunities. Sugarloaf Mountain, reaching 4,237 feet, anchors the county's winter sports potential. The area's numerous lakes, including Rangeley Lake and the Chain of Ponds, present attractive waterfront property options. With a low population density of 18.1 inhabitants per square mile, Franklin County provides ample space for development. The county's economy is primarily driven by educational services and healthcare, with a median home price of $176,700, significantly below the national average. Land buyers should note the county's effective property tax rate of 1.07%, slightly higher than the national average, while considering the region's natural beauty and recreational assets.