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Portland

Why you'd want to live in Portland

Portland, Maine, offers a vibrant coastal lifestyle with a mix of historic charm and modern amenities. The Old Port district is packed with cobblestone streets, independent shops, and some of the best restaurants in New England, many of which emphasize fresh seafood and farm-to-table dining. The arts scene is thriving, with the Portland Museum of Art, local galleries, and live performances at venues like the State Theatre. Outdoor enthusiasts can explore the Eastern Promenade, kayak in Casco Bay, or take a ferry to the nearby islands. Winters are crisp and cozy, while summers bring warm ocean breezes and endless opportunities to enjoy the water. The city’s combination of cultural richness and natural beauty makes it an appealing place to call home.

Portland Market Report

$1,033,803

AVERAGE PRICE OF 327 HOMES

$1,981,384

AVERAGE PRICE OF 98 MULTI-MILLION DOLLAR HOMES

$1,356,093

AVERAGE PRICE OF 39 NEWLY BUILT HOMES

$724,088

AVERAGE PRICE OF 9 HOMES WITH A POOL

$742,421

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $1,033,803
Avg Bedrooms 2.09 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $566,698
2 bedrooms $906,445
3 bedrooms $829,531
4 bedrooms $1,245,774
5 bedrooms $1,002,933
Portland Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 301 270 220 186 211
Average Price $988,784 $981,209 $955,670 $940,068 $964,853
Avg Price Change +0.77% +2.67% +1.66% -2.64% -2.97%
Median Price $756,960 $756,395 $746,817 $743,473 $736,954
Med Price Change +0.07% +1.28% +0.45% +0.88% +0.53%
Avg Bedrooms 2.14 beds 2.02 beds 1.93 beds 1.9 beds 1.93 beds
Avg Bathrooms 2.26 baths 2.25 baths 2.15 baths 2.02 baths 1.95 baths
Total Homes Average Price
All Homes 327 $1,033,803
Multi-Million Dollar Homes 98 $1,981,384
Newly Built Homes 39 $1,356,093
Homes with a Pool 9 $724,088
Reduced Price Homes 14 $742,421

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Coldwell Banker
Nancy Rousselle
163 Fore Street Suite B
Portland, ME 04101
207-756-9443

MIMLS Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2025 Maine Real Estate information System, Inc. All Rights Reserved.

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