Maine Home Values & Market Trends
There have been 21,428 properties sold in the Maine real estate market trends. Median home values in the Maine housing market are $369,536.14. The median residential home value for transactions over the last 12 months is 258,746.033. The State of Maine currently has 511 properties in foreclosure, 52 bank owned properties, and 64 headed for auction.
Maine Real Estate Market Overview
| County | Median Est. Value | County | Median Est. Value |
|---|---|---|---|
| Penobscot | $ 272,799 $ 175/sqft | Sagadahoc | $ 403,028 $ 210/sqft |
| York | $ 480,028 $ 286/sqft | Aroostook | $ 289,900 $ 119/sqft |
| Cumberland | $ 621,651 $ 319/sqft | Waldo | $ 216,718 $ 195/sqft |
| Hancock | $ 414,000 $ 234/sqft | Knox | $ 415,428 $ 264/sqft |
| Kennebec | $ 267,186 $ 179/sqft | Somerset | $ 213,100 $ 127/sqft |
| Androscoggin | $ 309,931 $ 170/sqft | Franklin | $ 267,058 $ 111/sqft |
| Washington | $ 284,450 $ 178/sqft | Piscataquis | $ 329,000 $ 169/sqft |
| Oxford | $ 365,000 $ 203/sqft | Lincoln | $ 332,881 $ 229/sqft |
Housing Market Summary for Maine
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $340K | $354.3K | 4.20% |
| Median Sold Price | $318.6K | $354.3K | 11.18% |
| Homes For Sale | 424 | 474 | 11.79% |
| Homes Sold | 8,504 | 8,935 | 5.07% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Maine
Browse Homes in Maine
There are currently 511 properties for sale in Maine. The current home value ranges in price from 10,500 to 4,000,000. The total count of properties in the state is 550,555, and the percentage of properties for sale is 511.00%.
- Pre-ForeclosurePre-foreclosure homes account for 0.07% of all residential properties in Maine with York containing 77 pre-foreclosures, the highest number of pre-foreclosure properties in a single county. There are 16 counties within Maine; of those counties, the estimated home value for pre-foreclosure homes ranges from $3,332,880 in Knox to the lowest home value of $60,903 in Aroostook.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Maine ranges from the highest value of $337,304 in Cumberland to the lowest value of $32,000 in Piscataquis. Bank owned homes and properties account for 0.01% of properties in Maine. There are 16 counties within Maine; Androscoggin containing 7 REO properties, has the highest number of bank owned properties in a single county.
- AuctionsYork has 14 auction properties, the highest number of properties going to auction in a single county in the state of Maine. Auction homes and other auction properties account for 0.01% of all properties in Maine. There are 16 counties within Maine; of those counties, the median estimated home value for homes going to auction ranges from $747,917 in Knox to the lowest value of $50,739 in Knox.
Compare Nearby Cities
More Real Estate Resources for Maine
Guide for Maine
Information on foreclosure financing, refinancing, and foreclosure mortgages.
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