South Portland, ME
Housing market overview · Updated weekly
$460,000median sale price
Homes sold
21
Last 12 weeks
Days on market
33
Average pace
Active listings
29
1.4 months supply
Sale-to-list
99.4%
Below asking
The South Portland housing market is currently classified as a seller's market with a median sale price of $460,000. Prices have fallen 18.6% compared to last year, with homes spending an average of 33 days on market, indicating 1.4 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
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Frequently asked questions
What is the average home price in South Portland?
The median home sale price in South Portland is $460,000, down 18.6% from last year.
How long do homes stay on market in South Portland?
Homes typically spend 33 days on market before going under contract.
Is South Portland a buyer's or seller's market?
With 1.4 months of supply, South Portland is currently a seller's market.
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