Portland, ME Housing Market 2026: What Homes Actually Sell For
What homes actually sell for in Portland: a median closing price of $590,000 across 445 closings Resideline tracked over the last six months, plus the full price spread.
If you invest in or around Portland, the number that matters is what homes actually close for, not what sellers are asking. Here is what Portland sale prices look like right now, built from the closings Resideline tracked over the last six months, as of August 2026.
The snapshot
- •Closings tracked, last 6 months: 445
- •Median sold price, last 6 months: $590,000
- •Median sold $/sqft, last 6 months: $387
- •Middle half of sales closed between: $466,000 and $825,000
What the numbers say
Resideline tracked 445 closed sales in Portland over the last six months, with a median closing price of $590,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $466,000 and $825,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 443 closings with usable living area, the middle half sold between $309 and $516 per square foot.
Figures last updated August 22, 2026 from closings Resideline tracked.
Median home price in Portland, ME (August 2026)
The median home price in Portland is $590,000, measured across the 445 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $466,000 and $825,000.
Where Portland sale prices land
Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Portland over the last six months, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $466,000 and $825,000. Where your target property sits inside that spread matters more than the citywide median.
How long a sale takes here
- •Listed to under contract: a median of 15 days, across 269 Portland closings Resideline tracked in the last six months
- •Contract to closing: a median of 27 days, across 255 Portland closings Resideline tracked in the last six months
The Portland angle
Portland sits almost exactly at the midpoint for price dispersion among the markets we track. Across 445 closings Resideline tracked over the last six months, the median closed sale price was $590,000, and the middle half of sales closed between $466,000 and $825,000. That means the citywide median earns its keep as a starting anchor while leaving plenty of adjustment work, which is the ordinary case rather than an easy one. For an above average subject, pull comps from that upper stretch rather than scaling the median up.
From market read to offer price
A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.
And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. As of August 2026, the public scoreboard showed 3.26% median error across 12,516+ graded closings. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.
Run any Portland address through Resideline and you will see the local market and the property's value together, in one report.
Cite this
Using these numbers? Please cite the source and the sample size:
Source: Resideline Market Watch
Market: Portland, ME
Data updated: August 2026
Analysis period: last six months
Tracked closings: 445
Median sold price: $590,000
Median sold $/sqft: $387 (443 qualifying)
https://resideline.com/blog/portland-me-housing-market
The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.
Every local market figure on this page is computed from closed sales Resideline tracked in Portland over the last six months, and is refreshed when the data is.
Frequently Asked Questions
What is the median home price in Portland?
The median sold price in Portland over the last 6 months is $590,000, measured across 445 closings Resideline tracked.
How many homes sold in Portland last month?
Resideline tracked 66 closed sales in Portland in July 2026, out of 445 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.
What is the typical sale price range in Portland?
The middle half of Portland sales over the last six months closed between $466,000 and $825,000, with a median of $590,000.
What is the typical price per square foot in Portland?
Among qualifying Portland closings Resideline tracked over the last six months, the median sold price per square foot was $387, measured across 443 sales with usable living area. Median is used rather than average because outliers distort the mean.
Is a citywide median enough to value a Portland property?
It is a starting point, not an answer. Portland's middle half of closings ran from $466,000 to $825,000, close to typical for the markets we track, so $590,000 anchors the analysis but a specific property can sit well away from it. Match on property type and size, and note that the room above the median is larger than the room below it, which makes upward adjustments less predictable than downward ones.
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