Portland, ME Housing Market 2026: What Homes Actually Sell For

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 October 2026.

The snapshot

• •Closings tracked, last 6 months: 468
• •Median sold price, last 6 months: $585,000
• •Median sold $/sqft, last 6 months: $397
• •Middle half of sales closed between: $460,000 and $800,000

What the numbers say

Resideline tracked 468 closed sales in Portland over the last six months, with a median closing price of $585,000. 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 $460,000 and $800,000. 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 466 closings with usable living area, the middle half sold between $317 and $516 per square foot.

Figures last updated October 3, 2026 from closings Resideline tracked.

Median home price in Portland, ME (October 2026)

The median home price in Portland is $585,000, measured across the 468 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $460,000 and $800,000.

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 that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $460,000 and $800,000. Among the 8 Maine markets with a published band, Portland's middle-half spread ($460,000 to $800,000) ranks 6th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 57th percentile of the 2,230 US markets in Resideline's national Market Watch set, on data as of October 3, 2026.

How long a sale takes here

• •Listed to under contract: a median of 16 days, across 281 Portland closings Resideline tracked in the last six months
• •Contract to closing: a median of 27 days, across 268 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 468 closings Resideline tracked over the last six months, the median closed sale price was $585,000, and the middle half of sales closed between $460,000 and $800,000. 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.

Portland market data by ZIP code

Citywide medians hide block-by-block variation. Resideline publishes free, regularly refreshed market snapshots for Portland ZIP codes: 04103.

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, rehab cost estimator, BRRRR 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, so it cannot be revised once the sale price is known. Grading it is a different matter in Maine: because sale prices are not public record here, a confirmed closing price reaches us for only a small share of Maine homes, and most Maine estimates stay frozen and ungraded. The accuracy scoreboard is therefore a national record rather than a Maine one. 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
Geography: incorporated municipality, Census place 2360545
Data updated: October 2026
Analysis period: last six months
Tracked closings: 468
Median sold price: $585,000
Median sold $/sqft: $397 (466 qualifying)
https://resideline.com/blog/portland-me-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/portland-me-housing-market">
  <img src="https://resideline.com/images/embed/portland-me.png" alt="Portland, ME home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/portland-me-housing-market">Resideline Market Watch</a></p>

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. The closings we track within the Portland city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 10% of the 468 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $594,000.