All Home Types
South Portland, ME Housing Market
What is the housing market like in South Portland today?
In August 2023, South Portland home prices were down 7.0% compared to last year, selling for a median price of $465K. On average, homes in South Portland sell after 7 days on the market compared to 7 days last year. There were 26 homes sold in August this year, down from 35 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$465,000
-7.0% YoY | Aug 2023
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2023
Growth
% YoY
South Portland, ME
$465,000
-7.0%
United States
South Portland Migration & Relocation Trends
In Jun '23 - Aug '23, 34% of South Portland homebuyers searched to move out of South Portland, while 66% looked to stay within the metropolitan area.
- Across the nation, 0.85% of homebuyers searched to move into South Portland from outside metros.
- Boston homebuyers searched to move into South Portland more than any other metro followed by New York and Washington.
Where are people moving to South Portland from?
- 66% of South Portland homebuyers searched to stay within the South Portland metropolitan area.
- Sarasota was the most popular destination among South Portland homebuyers followed by Cape Coral and Chicago.
Where are people from South Portland moving to?
Number of People Moving to South Portland
least
most
People are moving to South Portland from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 3,949 | ||
| 2 | 604 | ||
| 3 | 429 | ||
| 4 | 312 | ||
| 5 | 147 | ||
| 6 | 128 | ||
| 7 | 98 | ||
| 8 | 89 | ||
| 9 | 80 | ||
| 10 | 70 | ||
People are leaving South Portland for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '23 - Aug '23 | ||
| 1 | 37 | ||
| 2 | 23 | ||
| 3 | 18 | ||
| 4 | 11 | ||
| 5 | 10 | ||
| 6 | 8 | ||
| 7 | 7 | ||
| 8 | 7 | ||
| 9 | 6 | ||
| 10 | 5 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in South Portland.
Risk Factor
Provided by First Street Foundation
Transportation in South Portland
Learn about the walkability, bikeability, and transit-friendliness of South Portland
Car-Dependent
Walk Score®
Bikeable
Bike Score®
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