Portland, ME Real Estate Market Summary – September 8, 2026

In Portland, ME, a total of 69 homes were sold in the past 30 days, averaging 2.3 homes sold per day. The average sale price was $635,716, with a median price of $541,900.

Metric 30 Days
Number Sold 69
Sold Per Day 2.30
Average SQFT 1617
Median Sales Price $541,900
Average Sales Price $635,716
Average Price Per SQFT $415
Average Days on Market 27
Average Year Built 1937

 

Portland, ME Single Family Home Analysis

During the last month, 41 single-family homes were sold, with an average sale price of $652,008 and a median of $565,000. These homes had an average living area of 1,636 square feet and were built around 1944.

Metric 30 Days
Number Sold 41
Sold Per Day 1.37
Average SQFT 1636
Median Sales Price $565,000
Average Sales Price $652,008
Average Price Per SQFT $408
Average Days on Market 27
Average Year Built 1944

 

Portland, ME Condo & Townhome Analysis

Twenty condo and townhome properties were sold, averaging a sale price of $530,770, with a median of $510,000. The average living area for these units was 1,132 square feet, with many built around 1941.

Metric 30 Days
Number Sold 20
Sold Per Day 1 every 1.50 days
Average SQFT 1132
Median Sales Price $510,000
Average Sales Price $530,770
Average Price Per SQFT $474
Average Days on Market 27
Average Year Built 1941

 

Buyer & Seller Analysis

  • Average of 27 days on market for all segments.
  • Single-family homes sold at a pace of 1.37 per day.
  • Condos and townhomes have a slightly slower pace of 1 every 1.50 days.
  • Median price per square foot for condos and townhomes is $466.

Conclusion

Overall, Portland’s residential market shows a consistent level of activity with a steady pace of sales. The pricing remains varied across different segments, highlighting diverse options for potential homeowners.

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