
65 Dougherty Ct Unit 106
Portland, ME 04102
Jason Saphire · www.HomeZu.com
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Compass Real Estate · Portland, ME
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Housing market overview · Updated monthly ·
$625,000median sale price
The median home sale price in Portland, ME is $625,000, up 8.4% year-over-year. Homes sell in an average of 24 days with 184 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Portland, ME is currently a seller's market, based on 2.7 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
67
Last 12 weeks
Days on market
24
Average pace
Active listings
184
2.7 months supply
Sale-to-list
100.9%
Above asking
| Metric | Value |
|---|---|
| Median sale price | $625,000 |
| Median list price | $599,000 |
| Year-over-year price change | +8.4% |
| Average days on market | 24 days |
| Active inventory | 184 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 100.9% |
| Median price per sq ft | $429/sq ft |
| Homes sold (latest month) | 67 |
| New listings (latest month) | 107 |
| Listings with a price cut | 25.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How the Portland, ME market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $625,000 | $407/sq ft | 33 | 15 days |
| Condo / Co-op | $600,000 | $544/sq ft | 23 | 19 days |
| Townhouse | $465,000 | $260/sq ft | 1 | 148 days |
Source: Redfin · Updated monthly
The Portland housing market is currently classified as a seller's market with a median sale price of $625,000. Prices have risen 8.4% compared to last year, with homes spending an average of 24 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.5x provides context for how home values compare to local earning capacity.
There are currently 184 homes listed for sale in Portland, Maine. The median listing price is $599K. Featured listings range from $268,800 to $2,000,000.

Portland, ME 04102
Jason Saphire · www.HomeZu.com

Portland, ME 04102
William Mandell · Cameron Prestige LLC

Portland, ME 04102
Lisa Church · Keller Williams Coastal and Lakes & Mountains Realty

Portland, ME 04103
Benjamin Royal · Locations Real Estate Group LLC

Portland, ME 04103
John Parvin · Dan Anderson Real Estate, Inc.

Portland, ME 04103
Rachel Davey · Vitalius Real Estate Group, LLC

Portland, ME 04101
Melanie Crane Michael Navarro · Elevate Maine Realty

Portland, ME 04102
Edmund Gardner Iii · Gardner Real Estate Group

Portland, ME 04101
Heather Shields · Legacy Properties Sotheby's International Realty

Portland, ME 04108
Susan Lessard · Portside Real Estate Group

Portland, ME 04101
John Hayes · Keller Williams Realty

Portland, ME 04101
Alexander Munsell · Real Broker
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Active listings
184
Homes on market
Median list price
$599K
Avg. days on market
24
Days until sale
New this week
107
Newly listed
Population
68,505
Median income
$76,174/yr
Median age
37.5 years
Owner-occupied
46.7%
College grads
59.2%
Avg commute
19.9 min
Source: U.S. Census Bureau ACS
Zillow home value
$571,364
Zillow rent index
$2,429/mo
Price-to-rent ratio
19.6x
Price-to-income
7.5x
Source: Zillow Research
Portland is a community of approximately 69K residents with a median age of 37.5 years.The median household income is $76,174, which reflects a relatively affluent area with strong earning potential. 59.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 46.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Portland offers a balanced lifestyle with accessible home values relative to local income levels.
16 schools tracked · 6,970 students
The largest public schools serving Portland, ME by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Portland High School
Grades 9-12 · 968 students
Deering High School
Grades 9-12 · 836 students
Harrison Lyseth Elem School
Grades PK-5 · 494 students
Lyman Moore Middle School
Grades 6-8 · 483 students
Amanda C Rowe School
Grades PK-5 · 481 students
Howard C Reiche Community Sch
Grades PK-5 · 463 students
King Middle School
Grades 6-8 · 442 students
Lincoln Middle School
Grades 6-8 · 418 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Portland side-by-side with any other U.S. city using our market-comparison tool.
For investors evaluating Portland, the price-to-rent ratio of 19.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Portland's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Portland's median home price.
The median home sale price in Portland is $625,000, up 8.4% from last year.
Homes typically spend 24 days on market before going under contract.
The median household income is $76,174 per year.
With 2.7 months of supply, Portland is currently a seller's market.
There are currently 184 homes listed for sale in Portland, ME.
The Zillow Home Value Index (ZHVI) for Portland is $571,364, representing the typical home value in the area.
The median condo/co-op sale price in Portland, ME is $600,000, compared to $625,000 for a single-family home, based on the latest Redfin data.
The median single-family home price in Portland, ME is $625,000 (about $407 per square foot).
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