Maine Housing Market
Cool MarketHousing market data and trends for Maine. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$390K
↑ 7.3% YoY
Days on Market
67 days
↑ 39.6% YoY
Active Inventory
4,091
↑ 18.2% YoY
Homes Sold
1,154
↑ 3.3% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Maine Market Summary
The Maine housing market is cooling down. As of March 2026, the median home sale price is $390K, up 7.3% year-over-year. Homes are spending a median of 67 days on the market, 39.6% longer than a year ago.
There are 4,091 homes for sale — 18.2% more than last year. With 3.5 months of supply, this is a seller's market. 1,851 new listings were added during this period, up 12.3% year-over-year.
Homes are selling for 97.5% of their list price on average, suggesting room for negotiation. 25.3% of homes sell above their asking price. 20.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.
Maine Market Trends
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Detailed Market Metrics
Median List Price
$425K
Price per Sq Ft
$251
Sale-to-List Ratio
97.5%
Months of Supply
3.5
Sold Above List
25.3%
Price Drops
20.3%
New Listings
1,851
↑ 12.3% YoY
Pending Sales
1,682
Metro Areas in Maine
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.