Just 691 homes were bought and sold last month, while the median price was $395,000, a slight increase over last year.
Home Prices
Posted inFact Brief, Local & State, News
Is 40 the median age of first-time U.S. homebuyers? | Fact brief
The median home price in Maine increased by 3.9% to $405,000 in 2025, the Maine Association of Realtors reported.
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Posted inLocal & State, News
Could Maine’s housing market finally be cooling? Here’s what the data says
The state recorded its highest ever median sale price in 2025, but experts say there are signs pointing to a calmer 2026.
Posted inLocal & State, News
Report: Affordability biggest hurdle in every corner of Maine’s housing market
High construction costs, a disparity between wage growth and home prices, and a competitive market are all impeding the state’s efforts to soften the housing crisis.
Posted inLocal & State, News
Maine’s roller coaster home prices drop one month after record high
The median home sold for $399,000 in November, the state’s first sub-$400,000 median since March.
Posted inBusiness, Local & State, News
Maine home sales rise for 6th consecutive month, despite national decline
The median home price in Maine is about $15,000 below record highs set in May and June, but still remains above the median cost at this point last year.
Posted inBusiness, Local & State, News
Is Maine approaching, or already in, a recession?
The chief economist at Moody’s Analytics included the state among nearly 2 dozen considered ‘in or at high risk’ of a recession, but the Maine state economist is pushing back and says employment is steady.
Posted inBusiness, Local & State, News
Maine’s real estate market bucked trend of Northeast decline
More and more homes are hitting the market in Maine, but inventory still remains well below what experts consider a balanced level.
Posted inBusiness, Local & State, News
Maine home prices set a new record in May
Maine homebuyers paid a median of $425,000 in May, just two months after the state recorded the first price decrease in 6 years.
Posted inBusiness, Local & State, News
More and more Maine homes are selling for millions of dollars
Maine’s luxury real estate market had a record year in 2024, while the number of properties sold for more than $1 million has quadrupled over the last 5 years.