Maine Real Estate Market Trends & Home Values

Maine Market Overview

There have been 18,365 properties sold in the Maine real estate market trends. Median home values in the Maine housing market are $320,051. The median residential home value for transactions over the last 12 months is $294,859. The State of Maine currently has 1,331 properties in foreclosure, 4 bank owned properties, and 148 headed for auction.

Maine Home Values

$320,051

There are currently 761 properties for sale in Maine. The current home value ranges in price from $28,000 to $2,895,000. The total count of properties in the state is 547,470, and the percentage of properties for sale is 36.4%.

Maine Real Estate Market Overview

Maine Foreclosures Market Overview

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Search By County

County	Median Est. Value
Cumberland County	$386,265 $296.00/sqft
York County	$355,780 $271.00/sqft
Knox County	$284,193 $223.00/sqft
Hancock County	$256,373 $172.50/sqft
Androscoggin County	$243,120 $182.00/sqft
Oxford County	$243,083 $194.00/sqft
Kennebec County	$226,297 $170.00/sqft
Penobscot County	$174,600 $144.50/sqft
Somerset County	$142,194 $99.00/sqft
Aroostook County	$93,533 $76.00/sqft

There are 16 counties within Maine; within these counties, the median estimated home value for homes in foreclosure ranges from $2,346,658 in Cumberland County to the lowest value of $19,844 in Aroostook County. Foreclosure homes account for 0.24% of properties in Maine with Cumberland County containing 215 foreclosures, the highest number of foreclosure properties in a single county.