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Portland

Why you'd want to live in Portland

Portland is a city in the U.S. state of Maine, set on a peninsula extending into Casco Bay. The Old Port waterfront features working fishing wharves and converted warehouses with restaurants and shops. Nearby, the Western Promenade is a public park atop a bluff, offering river and mountain views. Its surrounding district, the West End, is full of Victorian-era homes, including the Victoria Mansion museum.

Portland Market Report

$953,568

AVERAGE PRICE OF 207 HOMES

$1,863,236

AVERAGE PRICE OF 53 MULTI-MILLION DOLLAR HOMES

$1,174,116

AVERAGE PRICE OF 30 NEWLY BUILT HOMES

$711,333

AVERAGE PRICE OF 3 HOMES WITH A POOL

$686,666

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $953,568
Avg Bedrooms 1.9 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $596,892
2 bedrooms $792,423
3 bedrooms $938,246
4 bedrooms $1,147,509
5 bedrooms $1,306,833
Portland Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 186 211 258 303 333
Average Price $940,068 $964,853 $993,539 $964,108 $956,276
Avg Price Change -2.64% -2.97% +3.05% +0.82% +2.45%
Median Price $743,473 $736,954 $733,060 $725,918 $721,591
Med Price Change +0.88% +0.53% +0.98% +0.60% -2.09%
Avg Bedrooms 1.9 beds 1.93 beds 2 beds 2.08 beds 2.15 beds
Avg Bathrooms 2.02 baths 1.95 baths 2.07 baths 2.18 baths 2.25 baths
Home Price by House Size
Total Homes Average Price
All Homes 207 $953,568
Multi-Million Dollar Homes 53 $1,863,236
Newly Built Homes 30 $1,174,116
Homes with a Pool 3 $711,333
Reduced Price Homes 6 $686,666

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