Tree Streets, Bangor, ME — Neighborhood Real Estate Insights 2026
Neighborhood Overview
The Tree Streets area in Bangor, Maine, is an established residential district known for its tree-lined avenues, mature landscaping, and historic homes. Often referred to as one of the city’s most walkable neighborhoods, Tree Streets is home to long-term residents, professionals, and families seeking stability combined with proximity to downtown Bangor. The neighborhood boasts a mix of architectural styles including Colonial Revival, Cape Cods, and mid-century ranches, with homes primarily constructed between 1920 and 1960.
The appeal of Tree Streets lies not only in its charm but also in accessibility: residents enjoy convenient access to Bangor's major employment centers, parks, local shops, and educational institutions.
Housing Market Trends (2016–2025)
Over the last decade, the Tree Streets housing market has shown steady appreciation. Median home prices rose from approximately $250,000 in 2016 to $320,000 in 2025. Price per square foot increased from roughly $160 to $180. Homes with historical character and modern updates tend to command premium pricing, while properties requiring renovation remain available at slightly lower prices.
Key trends:
- Consistent demand from families and professionals seeking proximity to downtown.
- Average days on market: 40–55 days, reflecting stable market liquidity.
- Renovation activity: Many homeowners invest in kitchen and bathroom updates, which have a strong impact on property values.
Housing Stock & Typology
Tree Streets offers a diverse range of residential properties:
- Single-family homes (~85% of properties).
- Lot sizes typically 0.15–0.35 acres.
- Construction dates between 1920–1960, with some post-1980 infill development.
- Architectural diversity: Colonial Revival, Cape Cod, Tudor, and mid-century ranches.
- Limited multi-family dwellings, often converted homes or duplexes.
The mix of historic charm and modest-sized lots contributes to both character and manageable maintenance costs for residents.
Price Metrics & Conversion to $/m²
| Unit Type | Median $/ft² | Converted $/m² | Notes |
|---|---|---|---|
| Renovated historic homes | $185 | ≈$1,993 | Fully updated interiors with modern systems |
| Standard single-family | $170 | ≈$1,830 | Good condition, minor updates, mid-century homes |
| Fixer / investment properties | $140 | ≈$1,510 | Homes needing major renovation, investment potential |
Safety & Community Infrastructure
Tree Streets is considered one of Bangor's safer neighborhoods. Residents enjoy low crime rates relative to the city average. Infrastructure is generally well-maintained, with sidewalks, street lighting, and local roadways in good condition.
- Proximity to Bangor High School and local elementary schools.
- Access to parks, walking paths, and community recreation facilities.
- Local shops, cafes, and essential services within a 10-minute walk.
- Public transport limited; however, neighborhood is car-friendly with convenient access to I-95 and downtown Bangor.
Market Dynamics & Investment Opportunities
Investors and homebuyers in Tree Streets should consider:
- Steady Appreciation: Historical stability and ongoing demand support moderate price growth.
- Rental Potential: Attractive for long-term tenants seeking a safe, central neighborhood.
- Renovation Upside: Older homes offer significant potential for value addition through modernization.
- Low Turnover: Long-term residents enhance neighborhood stability and reduce volatility.
Neighborhood Snapshot — Median Prices & Safety
| Sub-area | Median Price | Price $/m² | Safety / Notes |
|---|---|---|---|
| Central Tree Streets | $320k–$340k | $3,450–$3,660 / m² | Highly desirable, low crime, excellent walkability |
| Peripheral Tree Streets | $280k–$320k | $3,010–$3,450 / m² | Moderate safety, family-oriented, some renovation opportunities |
| Investment / Fixer pockets | $220k–$280k | $2,365–$3,010 / m² | Good potential for value-add, higher variability in maintenance |
Recommendations for Buyers & Investors
- Families: Focus on central Tree Streets homes close to schools and parks.
- Investors: Consider peripheral and fixer pockets for renovation and rental opportunities.
- Long-term owners: Stability, safety, and community cohesion make Tree Streets ideal for wealth preservation.