Portland, ME housing market
The typical Portland home is worth about $559,000, about the same as a year ago, 35% above the Maine typical home. Homes typically sell in 24 days, a little above asking.
Home values, sales, trends and how Portland compares with the towns next door — updated as new data is published.
Portland at a glance
A seller's market
Supply is tight — about 2.7 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Portland | Maine |
|---|---|---|
| 2017 | $287,000 | $207,000 |
| 2018 | $308,000 | $220,000 |
| 2019 | $329,000 | $234,000 |
| 2020 | $342,000 | $246,000 |
| 2021 | $389,000 | $287,000 |
| 2022 | $456,000 | $335,000 |
| 2023 | $500,000 | $367,000 |
| 2024 | $547,000 | $398,000 |
| 2025 | $563,000 | $411,000 |
| 2026 | $561,000 | $412,000 |
| August 2026 | $559,000 | $416,000 |
Portland and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Portland | $559K | 0% | 24 | $79,540 |
| Westbrook | $458K | +1.4% | 24 | $85,038 |
| Falmouth | $897K | +2.8% | 22 | $150,919 |
| South Portland | $523K | +3.3% | 37 | $86,838 |
| Chebeague Island | $646K | −0.8% | — | $67,639 |
| Long Island | $655K | +4.2% | — | $91,250 |
| Cape Elizabeth | $892K | +2.9% | 42 | $145,821 |
7 years of income
The typical Portland home costs about 7 years of the town's median household income, more than across Maine (5.6 years).
How Portland 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.