New Listing
9
$300,000
148 Breakwater Dr Unit 619
South Portland, ME 04106
1 bd1 ba567 sqft$529/ft²
Condo16.12 acres
Edward Getty · Getty Real Estate Services, LLC
View photos & details
Brokers — List your Company Here
Featured local agent — South Portland, ME
Example placement
Sarah Mitchell
CNESRESABR
Compass Real Estate · South Portland, ME
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
South Portland, ME(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
South Portland, ME Housing Market & Real Estate
Seller's market-0.5% YoY
Housing market overview · Updated monthly ·
$516,500median sale price
How is the South Portland, ME housing market right now?
The median home sale price in South Portland, ME is $516,500, down 0.5% year-over-year. Homes sell in an average of 37 days with 44 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.)
Is South Portland a buyer's or seller's market?
Seller's market1.3 months of supply37 avg. days on market
South Portland, ME is currently a seller's market, based on 1.3 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
34
Last 12 weeks
Days on market
37
Average pace
Active listings
44
1.3 months supply
Sale-to-list
98.7%
Below asking
What does the South Portland housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $516,500 |
| Median list price | $514,900 |
| Year-over-year price change | -0.5% |
| Average days on market | 37 days |
| Active inventory | 44 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $365/sq ft |
| Homes sold (latest month) | 34 |
| New listings (latest month) | 47 |
| Listings with a price cut | 15.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in South Portland by property type?
How the South 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 | $556,500 | $371/sq ft | 23 | 29 days |
| Condo / Co-op | $386,500 | $424/sq ft | 9 | 39 days |
Source: Redfin · Updated monthly
The South Portland housing market is currently classified as a seller's market with a median sale price of $516,500. Prices have fallen 0.5% compared to last year, with homes spending an average of 37 days on market, indicating 1.3 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 6.4x provides context for how home values compare to local earning capacity.
Homes for sale in South Portland
There are currently 44 homes listed for sale in South Portland, Maine. The median listing price is $515K. Featured listings range from $300,000 to $1,295,000.
New Listing
21
$375,000
148 Breakwater Dr Unit 209
South Portland, ME 04106
2 bd1 ba738 sqft$508/ft²
Condo
Richard Beal · Coldwell Banker Realty
View photos & details
33
$380,000
245 Broadway Apt 202
South Portland, ME 04106
2 bd2 ba1,060 sqft$358/ft²
Condo
Elizabeth Banwell · Legacy Properties Sotheby's International Realty
View photos & details
New Listing
17
$410,000
18 Ocean St Apt 53
South Portland, ME 04106
2 bd1 ba836 sqft$490/ft²
Townhouse
Emile Demers · Better Homes & Gardens Real Estate/The Masiello Group
View photos & details
40
$479,999
54 Granby Rd
South Portland, ME 04106
3 bd2 ba1,728 sqft$278/ft²
House9,148 sqft lot
Heather Keast · The Atlantic Real Estate Network
View photos & details
New Listing
43
$500,000
19 Karynel Dr Unit 19
South Portland, ME 04106
3 bd2 ba1,533 sqft$326/ft²
Townhouse
Rhea Kafer · Keller Williams Realty
View photos & details
New Build
4
$550,000
25 Preservation Ln Unit 12
South Portland, ME 04106
3 bd3 ba1,578 sqft$349/ft²
Townhouse12.01 acres
Kathleen Cramer-Howe · Coldwell Banker Realty
View photos & details
Price Drop −$10K
33
$684,900
52 Peary Ter
South Portland, ME 04106
3 bd3 ba2,176 sqft$315/ft²
House1.35 acres
Richard Mead · Keller Williams Realty
View photos & details
New Listing
40
$777,350
542 Preble St
South Portland, ME 04106
3 bd1 ba1,496 sqft$520/ft²
House5,227 sqft lot
Brian Linscott · Linscott Real Estate
View photos & details
New Listing
58
$799,000
15 Bellaire Rd
South Portland, ME 04106
3 bd2 ba2,162 sqft$370/ft²
House30,928 sqft lot
Kathleen Scott · Coldwell Banker Realty
View photos & details
New Listing
28
$1,100,000
148 Breakwater Dr Unit 11
South Portland, ME 04106
2 bd3 ba1,584 sqft$694/ft²
Condo
Samuel Michaud · Legacy Properties Sotheby's International Realty
View photos & details
New Listing
69
$1,295,000
464 Preble St
South Portland, ME 04106
4 bd3 ba2,641 sqft$490/ft²
House4,356 sqft lot
Margaret Veroneau · Angle Associates
View photos & details
Looking to buy in South Portland?
Get connected with a local real estate expert — free, no obligation.
Active listings
44
Homes on market
Median list price
$515K
Avg. days on market
37
Days until sale
New this week
47
Newly listed
Price drops:15.9%of listings
Sale-to-list:98.7%
Who lives in South Portland?
Population
26,780
Median income
$84,563/yr
Median age
40.7 years
Owner-occupied
60.3%
College grads
49.3%
Avg commute
17.9 min
Source: U.S. Census Bureau ACS
What are homes worth in South Portland?
Zillow home value
$540,160
Zillow rent index
$2,533/mo
Price-to-rent ratio
17.8x
Price-to-income
6.4x
Source: Zillow Research
What is it like to live in South Portland?
South Portland is a community of approximately 27K residents with a median age of 40.7 years.The median household income is $84,563, which reflects a relatively affluent area with strong earning potential. 49.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 60.3%, showing a blend of owner and renter-occupied properties. The average commute time is 17.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, South Portland offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve South Portland?
7 schools tracked · 2,134 students
The largest public schools serving South 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.
South Portland High School
Grades 9-12 · 995 students
Waldo T Skillin Elementary School
Grades K-4 · 311 students
Frank I Brown Elementary School
Grades K-4 · 222 students
Dyer Elementary School
Grades PK-4 · 212 students
Dora L Small Elementary School
Grades K-4 · 204 students
James Otis Kaler Elementary School
Grades PK-4 · 179 students
Arthur R. Gould Sch--LCYDC
Grades 7-12 · 11 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near South Portland, ME?
Want a head-to-head view? Compare South Portland side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in South Portland?
Is South Portland a good real estate investment market?
For investors evaluating South Portland, the price-to-rent ratio of 17.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 0.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on South Portland's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using South Portland's median home price.
Frequently asked questions
What is the average home price in South Portland?
The median home sale price in South Portland is $516,500, down 0.5% from last year.
How long do homes stay on market in South Portland?
Homes typically spend 37 days on market before going under contract.
What is the median income in South Portland?
The median household income is $84,563 per year.
Is South Portland a buyer's or seller's market?
With 1.3 months of supply, South Portland is currently a seller's market.
How many homes are for sale in South Portland?
There are currently 44 homes listed for sale in South Portland, ME.
What is the Zillow home value estimate for South Portland?
The Zillow Home Value Index (ZHVI) for South Portland is $540,160, representing the typical home value in the area.
What is the median condo price in South Portland?
The median condo/co-op sale price in South Portland, ME is $386,500, compared to $556,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in South Portland?
The median single-family home price in South Portland, ME is $556,500 (about $371 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on South Portland, ME
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get South Portland market alerts
Weekly updates on prices, inventory, and trends. Free forever.