Portland, Maine housing market: median home price
Portland, Maine home prices: $554,454 was the value of the typical Portland, Maine home in September 2026, according to the Zillow Home Value Index. That figure sits +0.3% above a year earlier and −0.7% below the $558,388 peak of December 2024.
- Value of a typical home
- $554,454September 2026, Zillow ZHVI
- Change over 12 months
- +0.3% since September 2025.
Portland, Maine home prices since 2000
On the chart, the steel line tracks Portland, Maine and the grey line tracks the United States. The typical Portland, Maine home went from $134,070 in January 2000 to $554,454, ×4.14, while the US saw ×2.99 over the same months. The boom reached its high in March 2006 at $267,298 and fell to a low of $217,193 in May 2012, a change of −18.7%.
Portland, Maine median home price by year
Each yearly figure averages the twelve monthly values; for 2026, the latest month is shown.
| Year | Portland, Maine | Change on the year | United States |
|---|---|---|---|
| 2000 | $139,180 | $125,745 | |
| 2001 | $154,385 | +10.9% | $134,899 |
| 2002 | $177,623 | +15.1% | $144,276 |
| 2003 | $201,182 | +13.3% | $155,308 |
| 2004 | $229,976 | +14.3% | $169,891 |
| 2005 | $256,350 | +11.5% | $189,732 |
| 2006 | $265,564 | +3.6% | $206,531 |
| 2007 | $257,555 | −3.0% | $208,449 |
| 2008 | $246,177 | −4.4% | $195,574 |
| 2009 | $227,849 | −7.4% | $177,542 |
| 2010 | $228,469 | +0.3% | $171,462 |
| 2011 | $222,689 | −2.5% | $162,508 |
| 2012 | $218,921 | −1.7% | $161,137 |
| 2013 | $228,955 | +4.6% | $171,420 |
| 2014 | $240,165 | +4.9% | $182,996 |
| 2015 | $250,195 | +4.2% | $192,738 |
| 2016 | $269,835 | +7.9% | $204,509 |
| 2017 | $293,891 | +8.9% | $216,767 |
| 2018 | $317,074 | +7.9% | $230,541 |
| 2019 | $330,975 | +4.4% | $242,088 |
| 2020 | $354,222 | +7.0% | $257,151 |
| 2021 | $423,218 | +19.5% | $295,959 |
| 2022 | $485,087 | +14.6% | $340,014 |
| 2023 | $517,984 | +6.8% | $348,160 |
| 2024 | $553,518 | +6.9% | $359,751 |
| 2025 | $555,926 | +0.4% | $362,959 |
| September 2026 | $554,454 | +0.3% | $366,157 |
What a home bought in Portland, Maine in any year is worth today
An index-based estimate of a typical home, rather than an appraisal.
Each year's figure averages its twelve monthly index values; September 2026 is the current value. More to try: home appreciation calculator.
Are you thinking of selling? See how local agents compare on Realtor.com. Advertising disclosure: payment may go to the site for links like this one, but it never changes a number. Disclosure.
Forecast for the Portland, Maine housing market
Zillow's forecast calls for +2.5% in the Portland, ME metro over the 12 months from September 2026. It adds +1.3% across the next three months. With Portland, Maine's typical value at $554,454, that points to a figure near $568,300 twelve months ahead.
This is Zillow's central estimate for this metro, restated here; this site offers no forecast of its own. Forecasts of this kind, covering 12 months, have typically been off by several percentage points from the realised change, in both directions. This is not investment advice.
All metro forecasts in one table: housing market forecast.
Crash risk score for the Portland, Maine housing market
45 of 100, on the high side
Against the 292 cities, Portland, Maine is ranked on five conditions that were strong before past price falls. Every input is scored from 0 to 100 compared with the other cities, and the five scores receive equal weight when averaged. It shows current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −20.5% | 20 | 20% |
| Time on the market vs 2019 | −23.0% | 6 | 20% |
| Price-to-rent ratio | 19.3 | 57 | 20% |
| Price-to-income ratio | 6.8 | 81 | 20% |
| 12-month price change | +0.3% | 59 | 20% |
This is not investment advice. Learn how each input receives its score: methodology. See all 292 cities ranked in the city crash risk report.
Portland, Maine inventory and time on the market
During September 2026 the Portland, ME metro counted 2,027 homes listed for sale, +18.0% versus a year earlier and −20.5% versus the same month of 2019. Listings had a median sale time of 47 days (−23.0% against 2019), while 23.4% had their asking price reduced.
| Portland, ME metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 2,027 | +18.0% |
| New listings | 1,024 | |
| Median days on market | 47 | −11.8% |
| Median list price | $625,000 | −2.5% |
| Share with a price cut | 23.4% |
Realtor.com® Economic Research, metro inventory. Source data from Realtor.com. For every metro area, see city days on the market.
Living costs in Portland, Maine
The Zillow Observed Rent Index shows the typical asking rent for Portland, Maine at $2,399 a month, +1.7% year over year. That rent would take 19.3 years to pay for a typical home. With a median household income of $82,059 (Census ACS 2024), the typical home costs 6.8 times a year's income. According to BEA, metro prices stand at 101.9 compared with a US average of 100, while housing costs are 105.2.
The salary needed to move there, plus rent and prices: Portland, Maine cost of living.
How to read this chart
Each point represents the Zillow Home Value Index for Portland, Maine, showing the smoothed and seasonally adjusted value of a typical home in the market's middle third, expressed in that month's dollars. The hollow dot identifies the selected slider month, while the terracotta dot identifies the most recent month. No inflation adjustment applies to these numbers, and an index describes the typical home rather than one particular house. To work out what a single home is worth, use its sale price and the card above it, or the appreciation calculator.