The Portland housing market is very competitive. Over the three months, homes in Portland receive 3 offers on average and sell in around 27 days. The median sale price of a home in Portland was $610K over the last 3 months, down 2.5% since the same period last year. The median sale price per square foot in Portland is $433, up 12.2% since last year.
What is the housing market like in Portland today?
Over the three months ending June 2026, Portland home prices were down 2.5% compared to the same period last year, selling for a median price of $610K. On average, homes in Portland sell after 27 days on the market compared to 34 days last year. There were 225 homes sold in June this year, down from 241 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$609,668
-2.5% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
Portland, ME
$609,668
-2.5%
United States
To compare other locations to the Portland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Portland's median sale price is 56% higher than the national average. Overall cost of living in Portland is 14% higher than the national average. Learn which home features in Portland add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
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How hot is the Portland housing market?
Portland is very competitive. Homes sell in 25 days.
0
100
76
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 25 days.
Hot homes
can sell for about 4% above list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Portland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Portland.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Portland has a minor risk of flooding. 1,323 properties in Portland are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Portland. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Portland has a moderate risk of wildfire. There are 267 properties in Portland that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Portland.
97% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Portland has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Portland is most at risk from hurricanes. 30,457 properties in Portland have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 119 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 131 mph.