South Portland, ME Home Values & Market Trends
Real estate market trends reflect that there have been 318 transactions over the past year in South Portland. The median value for residential home transactions that occurred over the previous year is $503,129.55. The number of current listings in South Portland is 6, and the percentage of properties for sale in the city is 6.00%. South Portland, ME currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 6 properties for sale.
South Portland, ME Real Estate Market Overview
Zip | Median Est. Value |
---|---|
04106 | $ 1,124,458 $ 539/sqft |
Housing Market Summary for South Portland, ME
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $389.9K | $498.3K | 27.80% |
Median Sold Price | $432K | $498.3K | 15.34% |
Homes For Sale | 5 | 3 | -40.00% |
Homes Sold | 123 | 143 | 16.26% |
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 South Portland, ME
Browse Homes in South Portland, ME
South Portland home values range from $70,264 to $7,996,025. The median estimated value of a home in South Portland is $503,129.55. The median list price of a home is 1,037,500, and the total count of properties in the city is 8,608.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in South Portland, ME with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within South Portland, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in South Portland, ME ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in South Portland, ME. There is 1 zips within South Portland, ME; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of South Portland, ME. Auction homes and other auction properties account for 0% of all properties in South Portland, ME. There is 1 zips within South Portland, ME; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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