Housing in Portland, ME
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$630,000
Median List Price
$599,000
Price Per Sq Ft
$384
Days on Market
50
Active Inventory
115
Months of Supply
2.7
Seller's market
Zillow Home Value
$539,285
ZHVI — January 2026
Zillow Rent Index
$2,274
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
27.9%
Off Market in 2 Weeks
53.3%
Sale-to-List Ratio
97.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
43
New Listings
53
Pending Sales
45
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$384
Median List $/SF
$393
Portland vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Portland is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$452,600
Median Rent
$1,487
Total Housing Units
35,957
Vacancy Rate
9.9%
Owner Occupied
46.7%
Renter Occupied
53.3%
Median Property Tax
$5,598
per year
Monthly Cost (w/ Mortgage)
$1,773
Housing Types
The current median sale price in Portland, ME is $630,000 according to Redfin data. Homes spend a median of 50 days on the market. 27.9% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $384. Zillow's observed rent index is $2,274/month. About 46.7% of housing units are owner-occupied. The median year homes were built is 1946. There are 35,957 total housing units.