Portland, ME

Balanced market-11.4% YoY

Housing market overview · Updated weekly

$545,000median sale price

Homes sold

31

Last 12 weeks

Days on market

43

Average pace

Active listings

114

3.7 months supply

Sale-to-list

99.8%

Below asking

The Portland housing market is currently classified as a balanced market with a median sale price of $545,000. Prices have fallen 11.4% compared to last year, with homes spending an average of 43 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Portland

There are currently 114 homes listed for sale in Portland, Maine. The median listing price is $699K. Featured listings range from $268,800 to $2,000,000.

1 bedroom condo for sale at 65 Dougherty Ct Unit 106 Portland 04102 - $268,800
New listingNew build
20
$268,800

65 Dougherty Ct Unit 106

Portland, ME 04102

1 bd1 ba512 sqft
Condo

Jason Saphire · www.HomeZu.com

More about this property
2 bedroom house for sale at 181 Taft Ave Portland 04102 - $429,900
New listing
10
$429,900

181 Taft Ave

Portland, ME 04102

2 bd1 ba1,296 sqft
House11,326 sqft lot
Est. $481K

William Mandell · Cameron Prestige LLC

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3 bedroom house for sale at 189 Holm Ave Portland 04102 - $449,000
New listing
21
$449,000

189 Holm Ave

Portland, ME 04102

3 bd2 ba2,304 sqft
House10,019 sqft lot
Est. $507KSold 2003 for $178K

Lisa Church · Keller Williams Coastal and Lakes & Mountains Realty

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3 bedroom house for sale at 130 Lane Ave Portland 04103 - $449,900
New listing
54
$449,900

130 Lane Ave

Portland, ME 04103

3 bd2 ba1,574 sqft
House7,841 sqft lot
Est. $515K

Benjamin Royal · Locations Real Estate Group LLC

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2 bedroom house for sale at 20 Tucker Ave Portland 04103 - $479,900
New listing
49
$479,900

20 Tucker Ave

Portland, ME 04103

2 bd1 ba1,164 sqft
House6,534 sqft lot
Est. $309KSold 2025 for $315K

John Parvin · Dan Anderson Real Estate, Inc.

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3 bedroom house for sale at 7 Abbott St Portland 04103 - $645,000
New listing
46
$645,000

7 Abbott St

Portland, ME 04103

3 bd2 ba1,842 sqft
House5,663 sqft lot
Est. $557KSold 2022 for $600K

Rachel Davey · Vitalius Real Estate Group, LLC

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2 bedroom condo for sale at 25 High St Unit 212 Portland 04101 - $660,000
New listing
20
$660,000

25 High St Unit 212

Portland, ME 04101

2 bd2 ba1,185 sqft
Condo1.53 acres
Est. $721KSold 2024 for $731K

Melanie Crane Michael Navarro · Elevate Maine Realty

More about this property
3 bedroom condo for sale at 122 Neal St Apt 3N Portland 04102 - $745,000
New listing
28
$745,000

122 Neal St Apt 3N

Portland, ME 04102

3 bd2 ba1,525 sqft
Condo
Est. $806K

Edmund Gardner Iii · Gardner Real Estate Group

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2 bedroom condo for sale at 167 Newbury St Apt 206 Portland 04101 - $825,000
New listing
46
$825,000

167 Newbury St Apt 206

Portland, ME 04101

2 bd2 ba1,125 sqft
Condo
Est. $799KSold 2022 for $715K

Heather Shields · Legacy Properties Sotheby's International Realty

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3 bedroom house for sale at 252 Seashore Ave Portland 04108 - $1,179,000
New listing
50
$1,179,000

252 Seashore Ave

Portland, ME 04108

3 bd1 ba1,392 sqft
House32,670 sqft lot
Est. $1.1MSold 2023 for $1.1M

Susan Lessard · Portside Real Estate Group

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multi-family for sale at 68 Pleasant St Portland 04101 - $1,250,000
New listing
45
$1,250,000

68 Pleasant St

Portland, ME 04101

4 ba3,260 sqft
Multi-family1,742 sqft lot

John Hayes · Keller Williams Realty

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multi-family for sale at 104 Monument St Portland 04101 - $2,000,000
New listing
11
$2,000,000

104 Monument St

Portland, ME 04101

3 ba4,896 sqft
Multi-family5,663 sqft lot

Alexander Munsell · Real Broker

More about this property

Looking to buy in Portland?

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Active listings

114

Homes on market

Median list price

$699K

Avg. days on market

43

Days until sale

New this week

45

Newly listed

Price drops:17.5%of listings
Sale-to-list:99.8%

Explore nearby cities in ME

Frequently asked questions

What is the average home price in Portland?

The median home sale price in Portland is $545,000, down 11.4% from last year.

How long do homes stay on market in Portland?

Homes typically spend 43 days on market before going under contract.

Is Portland a buyer's or seller's market?

With 3.7 months of supply, Portland is currently a balanced market.

How many homes are for sale in Portland?

There are currently 114 homes listed for sale in Portland, ME.

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