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Portland, ME Real Estate Market Trends & Home Values

Foreclosures
Pre-foreclosures
Bank Owned
Auction
For Sale
Recently Sold

Portland, ME Market Overview

Real estate market trends reflect that there have been 847 transactions over the past year in Portland. The median value for residential home transactions that occurred over the previous year is $533,190. The number of current listings in Portland is 24, and the percentage of properties for sale in the city is 45.3%. Portland, ME currently has 29 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 24 properties for sale.
Active Residential Inventory
53
Total Inventory

Recently Sold Properties

388
Total Sales (Last 6 Months)
Foreclosures ( 29 )
54.7%
Pre-foreclosures ( 27 )
50.9%
Bank Owned ( 0 )
0%
Auctions ( 2 )
3.8%
For Sale ( 24 )
45.3%

Portland, ME Home Values

$533,190
Portland home values range from $41,325 to $3,832,395. The median estimated value of a home in Portland is $533,190. The median list price of a home is $489,500, and the total count of properties in the city is 17,909.

Portland, ME Real Estate Market Overview

Portland, ME Foreclosures Market Overview
Last 24 Hours
Zip Code Median Est. Value
04101
$614,500
$281.00/sqft
04102
$467,351
$391.50/sqft
04103
$395,909
$281.00/sqft
04108
/sqft
04109
/sqft

There are 5 zip codes within Portland, ME; within these zip codes, the median estimated home value for homes in foreclosure ranges from $2,137,709 in 04102 to the lowest value of $260,183 in 04103. Foreclosure homes account for 0.16% of properties in Portland, ME with 04103 containing 15 foreclosures, the highest number of foreclosure properties in a single zip code.

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Portland, ME

Portland, ME Pre-foreclosures Market Overview
Last 24 Hours
Portland, ME Bank Owned Market Overview
Last 24 Hours
Portland, ME Auction Market Overview
Last 24 Hours
Portland, ME For Sale Market Overview
Last 24 Hours
Portland, ME Recently Sold Market Overview
Last 6 Months

Top Markets

Last 6 Months
1. 04103
2. 04102
3. 04101
4. 04108
5. 04109

Nearby Cities Portland, ME

1.    Westbrook
2.    South Portland
3.    Falmouth
4.    Peaks Island
5.    Long Island
6.    Cumberland Foreside
7.    Scarborough
8.    Cape Elizabeth
9.    Cumberland Center
10.    Cliff Island
11.    Windham
12.    Gorham
13.    Chebeague Island
14.    Yarmouth
15.    Old Orchard Beach
16.    North Yarmouth

Nearby Zip Codes Portland, ME

1.    04103
2.    04102
3.    04101
4.    04092
5.    04106
6.    04105
7.    04109
8.    04108
9.    04050
10.    04110
11.    04074
12.    04107
13.    04021
14.    04019
15.    04062
16.    04038
17.    04017
  • Real Estate Market Trends
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