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South Portland

Why you'd want to live in South Portland

South Portland provides a more relaxed alternative to Portland while maintaining easy access to the city’s amenities. The area is known for its beautiful coastline, highlighted by Bug Light Park and Spring Point Ledge Lighthouse, where residents can enjoy scenic walks and ocean views. The Maine Mall and nearby shopping centers offer a variety of retail options, while local businesses and restaurants provide a strong sense of community. Willard Beach is a hidden gem, offering a quiet escape for residents who love the ocean. The city also has strong local schools and a welcoming residential feel, making it a great choice for those who want to be close to Portland without living in the center of it all.

South Portland Market Report

$704,837

AVERAGE PRICE OF 98 HOMES

$2,064,100

AVERAGE PRICE OF 5 MULTI-MILLION DOLLAR HOMES

$786,556

AVERAGE PRICE OF 24 NEWLY BUILT HOMES

$910,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$709,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $704,837
Avg Bedrooms 2.32 beds
Avg Bathrooms 2.16 baths

Average Price by Bedrooms

1 bedroom $257,966
2 bedrooms $677,786
3 bedrooms $644,237
4 bedrooms $766,533
South Portland Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 85 71 57 59 69
Average Price $645,267 $689,848 $719,273 $739,571 $733,179
Avg Price Change -6.91% -4.27% -2.82% +0.87% +3.56%
Median Price $642,429 $684,236 $698,900 $698,900 $694,903
Med Price Change -6.51% -2.14% 0.00% +0.58% +8.27%
Avg Bedrooms 2.2 beds 2.23 beds 2.17 beds 2.03 beds 1.98 beds
Avg Bathrooms 1.96 baths 1.93 baths 1.97 baths 2.02 baths 2 baths
Total Homes Average Price
All Homes 98 $704,837
Multi-Million Dollar Homes 5 $2,064,100
Newly Built Homes 24 $786,556
Homes with a Pool 2 $910,000
Reduced Price Homes 2 $709,450

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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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