ME

Maine Housing Market

2026 Market Report & Data · Data through May 2026 · Source: Redfin

$439K

Median Price

45

Days on Market

3.8

Months Supply

+0.8%

YoY Change

Balanced Market

Market Type

Buyer's Markets (7) Seller's Markets (49) Cheapest Cities Fastest Selling Rising Markets (10) Price Drops (10)

Market Dashboard

Market Summary

Buyer's Markets

7

cities with 6+ months supply

Balanced Markets

26

cities with 3-6 months supply

Seller's Markets

49

cities with <3 months supply

Top 10 Most Affordable Cities in Maine

Ranked by lowest median home price.

City Median Price DOM
1. Patten $98K 93d
2. Howland $120K 252d
3. East Millinocket $121K 7d
4. Millinocket $147K 193d
5. Turner $150K 98d
6. Dexter $178K 8d
7. Gray $185K 94d
8. Milford $193K 6d
9. Livermore Falls $200K 31d
10. Bradley $213K 50d

🏰 Top 10 Most Expensive Cities in Maine

Ranked by highest median home price.

City Median Price DOM
1. Kennebunkport $1.68M 70d
2. Falmouth Foreside $1.38M 130d
3. Littlejohn Island $1.32M 6d
4. Falmouth $1.05M 22d
5. York Harbor $1.01M 232d
6. West Kennebunk $1.01M 162d
7. Cape Elizabeth $905K 42d
8. South Eliot $890K 12d
9. Yarmouth $869K 18d
10. Naples $737K 32d

Top Buyer's Markets in Maine

7 cities have more than 6 months of inventory — buyers can negotiate.

City Months Supply Median Price DOM
1. Lincoln 17.0 mo $281K 63d
2. Howland 12.0 mo $120K 252d
3. Millinocket 10.0 mo $147K 193d
4. Dexter 9.0 mo $178K 8d
5. East Millinocket 8.5 mo $121K 7d
6. Oakland 7.5 mo $250K 17d
7. Dunstan 7.0 mo $665K 24d

Top Seller's Markets in Maine

49 cities have less than 3 months of inventory — sellers have the advantage.

City Months Supply Median Price DOM
1. Falmouth Foreside 0.2 mo $1.38M 130d
2. Clinton 0.3 mo $290K 26d
3. Steep Falls 0.6 mo $438K 51d
4. North Berwick 0.7 mo $450K 22d
5. Bowdoinham 1.0 mo $378K 49d
6. Corinna 1.0 mo $215K 125d
7. Cousins Island 1.0 mo $685K 21d
8. Kittery Point 1.0 mo $680K 8d
9. Little Falls 1.0 mo $410K 2d
10. Mattawamkeag 1.0 mo $248K 38d

Top 10 Fastest Selling Cities in Maine

Cities where homes sell fastest, ranked by lowest median days on market.

City Days on Market Median Price
1. Little Falls 2d $410K
2. Gorham 5d $600K
3. Winthrop 5d $326K
4. Littlejohn Island 6d $1.32M
5. Milford 6d $193K
6. East Millinocket 7d $121K
7. Cape Neddick 8d $716K
8. Casco 8d $688K
9. Dexter 8d $178K
10. Kittery Point 8d $680K

Top Rising Markets in Maine

Cities with the largest year-over-year price gains. Appreciation can signal momentum, but also affordability pressure.

City YoY Change Median Price
1. Yarmouth +39.0% $869K
2. Old Town +31.1% $295K
3. Cape Elizabeth +29.3% $905K
4. Falmouth +19.5% $1.05M
5. Gorham +17.6% $600K
6. Sanford +13.7% $398K
7. Brewer +12.5% $308K
8. Westbrook +10.9% $499K
9. Waterville +10.2% $270K
10. Biddeford +9.5% $525K

Cities with Price Drops in Maine

Cities with year-over-year price declines. These can be buying opportunities — or signals of softening demand.

City YoY Change Median Price
1. Oak Hill -35.0% $463K
2. Scarborough -35.0% $463K
3. Cumberland Center -24.6% $630K
4. Bath -20.3% $340K
5. Cape Neddick -13.2% $716K
6. Kennebunk -12.9% $519K
7. Saco -10.7% $460K
8. Topsham -9.4% $426K
9. Lake Arrowhead -8.4% $383K
10. Augusta -8.2% $275K

All 86 Cities in Maine

Maine Real Estate Market Overview

The Maine housing market currently shows balanced market conditions, with a median sale price of $439K and 3.8 months of inventory supply. Homes in Maine typically sell in 45 days.

Key Market Insights for Maine

Finding an Agent in Maine

Whether you're buying or selling in Maine, working with a local real estate agent who understands these market dynamics can help you achieve the best outcome. Our network of verified agents across Maine provides expert guidance tailored to your specific city and neighborhood.

Frequently Asked Questions About Maine Real Estate

Is Maine a buyer's or seller's market in 2026?

Maine is currently classified as a balanced market based on months of supply data. The market is relatively balanced, offering fair conditions for both buyers and sellers. Market conditions vary by city, so check local data for your specific area.

What is the median home price in Maine?

The median home price in Maine is approximately $439K as of May 2026. Prices range significantly across the state, with Kennebunkport among the most expensive areas and Patten offering more affordable options. Work with a local real estate agent for the most current pricing in your target neighborhoods.

How long does it take to sell a house in Maine?

Selling timelines in Maine vary by city and market conditions. The fastest-selling markets include Little Falls with a median of 2 days on market. Factors like pricing strategy, home condition, location, and seasonality all affect how quickly a home sells. A skilled listing agent can help price and market your home for a faster sale.

Should I buy a house in Maine right now?

Whether to buy in Maine depends on your personal finances, timeline, and target market. Balanced conditions offer a fair environment for well-prepared buyers. Consider factors like mortgage rates, your job stability, how long you plan to stay, and local price trends. Consult with a local real estate agent who can advise on specific neighborhoods.

How do I find a real estate agent in Maine?

Start by researching agents with proven experience in your target Maine market. Look for agents with strong local transaction history, positive client reviews, and expertise in your price range. Interview at least 2-3 agents before choosing. Ask about their recent sales, marketing strategy, and communication style. Our directory features verified agents across Maine to help you find the right match.

Find a Maine Real Estate Agent

Connect with a local expert who knows your market.

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