South Portland, ME—04106
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$505,000
1.1% YoY Growth
Household Income
$83,700
26.9% YoY Growth
Days on Market
69
19.0% Longer YoY
Home Price Forecast
3.2%
Median Rent
$2,400
4.2% YoY Growth
1-Bed Rent
$2,340
14.1% YoY Growth
2-Bed Rent
$2,700
16.2% YoY Growth
3-Bed Rent
$3,110
6.3% YoY Growth
Home Price Trends — South Portland, ME
As of Dec '25, the median home price in South Portland, ME is $505,000, with a year-over-year change of -1.1%. This indicates that home prices in South Portland, ME are decreasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $505,000 | -1.1% |
| Single Family | $523,000 | -0.8% |
| Condos | $393,000 | -1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |