South Portland, ME

Seller's market-18.6% YoY

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

Homes for sale in South Portland

There are currently 29 homes listed for sale in South Portland, Maine. The median listing price is $443K. Featured listings range from $300,000 to $1,295,000.

1 bedroom condo for sale at 148 Breakwater Dr Unit 619 South Portland 04106 - $300,000
New listing
9
$300,000

148 Breakwater Dr Unit 619

South Portland, ME 04106

1 bd1 ba567 sqft
Condo16.12 acres
Est. $323KSold 2015 for $141K

Edward Getty · Getty Real Estate Services, LLC

More about this property
2 bedroom condo for sale at 148 Breakwater Dr Unit 209 South Portland 04106 - $375,000
New listing
21
$375,000

148 Breakwater Dr Unit 209

South Portland, ME 04106

2 bd1 ba738 sqft
Condo
Est. $373KSold 2024 for $359K

Richard Beal · Coldwell Banker Realty

More about this property
2 bedroom condo for sale at 245 Broadway Apt 202 South Portland 04106 - $380,000
33
$380,000

245 Broadway Apt 202

South Portland, ME 04106

2 bd2 ba1,060 sqft
Condo
Est. $386K

Elizabeth Banwell · Legacy Properties Sotheby's International Realty

More about this property
2 bedroom townhouse for sale at 18 Ocean St Apt 53 South Portland 04106 - $410,000
New listing
17
$410,000

18 Ocean St Apt 53

South Portland, ME 04106

2 bd1 ba836 sqft
Townhouse
Est. $389KSold 2020 for $217K

Emile Demers · Better Homes & Gardens Real Estate/The Masiello Group

More about this property
3 bedroom house for sale at 54 Granby Rd South Portland 04106 - $479,999
40
$479,999

54 Granby Rd

South Portland, ME 04106

3 bd2 ba1,728 sqft
House9,148 sqft lot
Est. $484K

Heather Keast · The Atlantic Real Estate Network

More about this property
3 bedroom townhouse for sale at 19 Karynel Dr Unit 19 South Portland 04106 - $500,000
New listing
43
$500,000

19 Karynel Dr Unit 19

South Portland, ME 04106

3 bd2 ba1,533 sqft
Townhouse
Est. $520K

Rhea Kafer · Keller Williams Realty

More about this property
3 bedroom townhouse for sale at 25 Preservation Ln Unit 12 South Portland 04106 - $550,000
New listingNew build
4
$550,000

25 Preservation Ln Unit 12

South Portland, ME 04106

3 bd3 ba1,578 sqft
Townhouse12.01 acres
Est. $564K

Kathleen Cramer-Howe · Coldwell Banker Realty

More about this property
3 bedroom house for sale at 52 Peary Ter South Portland 04106 - $684,900
Price cut $10K
33
$684,900

52 Peary Ter

South Portland, ME 04106

3 bd3 ba2,176 sqft
House1.35 acres
Est. $701K

Richard Mead · Keller Williams Realty

More about this property
3 bedroom house for sale at 542 Preble St South Portland 04106 - $777,350
New listing
40
$777,350

542 Preble St

South Portland, ME 04106

3 bd1 ba1,496 sqft
House5,227 sqft lot
Est. $839K

Brian Linscott · Linscott Real Estate

More about this property
3 bedroom house for sale at 15 Bellaire Rd South Portland 04106 - $799,000
New listing
58
$799,000

15 Bellaire Rd

South Portland, ME 04106

3 bd2 ba2,162 sqft
House30,928 sqft lot
Est. $621K

Kathleen Scott · Coldwell Banker Realty

More about this property
2 bedroom condo for sale at 148 Breakwater Dr Unit 11 South Portland 04106 - $1,100,000
New listing
28
$1,100,000

148 Breakwater Dr Unit 11

South Portland, ME 04106

2 bd3 ba1,584 sqft
Condo
Est. $754KSold 2017 for $575K

Samuel Michaud · Legacy Properties Sotheby's International Realty

More about this property
4 bedroom house for sale at 464 Preble St South Portland 04106 - $1,295,000
New listing
69
$1,295,000

464 Preble St

South Portland, ME 04106

4 bd3 ba2,641 sqft
House4,356 sqft lot
Est. $844K

Margaret Veroneau · Angle Associates

More about this property

Looking to buy in South Portland?

Get connected with a local real estate expert — free, no obligation.

Active listings

29

Homes on market

Median list price

$443K

Avg. days on market

33

Days until sale

New this week

16

Newly listed

Price drops:17.2%of listings
Sale-to-list:99.4%

Explore nearby cities in ME

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.

How many homes are for sale in South Portland?

There are currently 29 homes listed for sale in South Portland, ME.

Get South Portland market alerts

Weekly updates on prices, inventory, and trends. Free forever.