Updated
Updated · WMTW Portland · Aug 11
Maine Median Home Price Falls to $427,000 as Listings Top 6,200
Updated
Updated · WMTW Portland · Aug 11

Maine Median Home Price Falls to $427,000 as Listings Top 6,200

1 articles · Updated · WMTW Portland · Aug 11

Summary

  • $427,000 was Maine's median home sales price in July, down from $436,000 in June even as 1,697 homes sold statewide.
  • 6,200 active listings exceeded that mark for the first time since December 2019, giving buyers more choice and more negotiating leverage, according to Maine Realtors.
  • 7.75% more homes sold than a year earlier, while the statewide median still ran 1.67% above July 2025 and remained below the U.S. median of $440,300.
  • Cumberland County stayed the priciest market at $618,000, York was the only other county above $500,000, and Aroostook remained the cheapest at $169,900.

Insights

Are Maine's cooling home prices just a seasonal illusion masking a much deeper, decade-long affordability crisis?
Why are several Maine mobile home parks quietly up for sale without the legally required notice to state housing authorities?