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
South Portland, ME Housing Market & Real Estate
Seller's market-18.6% YoY
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in South Portland, ME is $460,000, down 18.6% year-over-year. Homes sell in an average of 33 days with 29 active listings. The market is currently a seller's market.
$460,000median sale price
Is South Portland a buyer's or seller's market?
Seller's market1.4 months of supply33 avg. days on market
South Portland, ME is currently a seller's market, based on 1.4 months of supply and homes selling in about 33 days. How we determine this →
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
South Portland, ME market data
| Metric | Value |
|---|---|
| Median sale price | $460,000 |
| Median list price | $442,500 |
| Year-over-year price change | -18.6% |
| Average days on market | 33 days |
| Active inventory | 29 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 99.4% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
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.
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
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
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
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
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
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
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
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
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
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
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
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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%
Top public schools in 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.
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.
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