The number of homes being sold in the past three months in Knox County is down slightly from a year ago, but the prices continue to skyrocket, which is making home buying nearly impossible for most local residents.

The Maine Association of Realtors released information Oct. 21 that showed 232 single-family homes were sold in Knox County from July 1 through Sept. 30. This is a 7 percent decrease from the 249 sold for the same period in 2020. The number of sales during the past three months is still above pre-pandemic levels.

Although, the median prices of those homes sold during the past three months in Knox County jumped 39 percent from $265,000 in 2020, to a record $369,500 in 2021.

The Maine State Housing Authority reported that in 2020, 59 percent of Knox County households could not afford to buy a median priced home in Knox County. Housing affordability statistics for 2021 are not yet published by the state.

Maine State Housing also reported that 62 percent of households could not afford the median rent for a two-bedroom apartment in Knox County.

Statewide, the median price of homes sold during the past three months was $315,000. This ranged from a low of $121,250 in Aroostook County, to $449,500 in Cumberland County.