Cape Elizabeth, ME housing market
The typical Cape Elizabeth home is worth about $892,000, up 2.9% in a year, 115% above the Maine typical home. Homes typically sell in 42 days, a little above asking.
Home values, sales, trends and how Cape Elizabeth compares with the towns next door — updated as new data is published.
Cape Elizabeth at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Cape Elizabeth | Maine |
|---|---|---|
| 2017 | $516,000 | $207,000 |
| 2018 | $539,000 | $220,000 |
| 2019 | $569,000 | $234,000 |
| 2020 | $579,000 | $246,000 |
| 2021 | $679,000 | $287,000 |
| 2022 | $808,000 | $335,000 |
| 2023 | $856,000 | $367,000 |
| 2024 | $844,000 | $398,000 |
| 2025 | $852,000 | $411,000 |
| 2026 | $872,000 | $412,000 |
| August 2026 | $892,000 | $416,000 |
Cape Elizabeth and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Cape Elizabeth | $892K | +2.9% | 42 | $145,821 |
| Scarborough | $690K | −0.6% | 41 | $133,558 |
| South Portland | $523K | +3.3% | 37 | $86,838 |
| Portland | $559K | 0% | 24 | $79,540 |
6.1 years of income
The typical Cape Elizabeth home costs about 6.1 years of the town's median household income, more than across Maine (5.6 years).
How Cape Elizabeth ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.