The South Portland housing market is somewhat competitive. The median sale price of a home in South Portland was $525K last month, up 7.1% since last year. The median sale price per square foot in South Portland is $362, up 7.1% since last year.
What is the housing market like in South Portland today?
In October 2024, South Portland home prices were up 7.1% compared to last year, selling for a median price of $525K. On average, homes in South Portland sell after 28 days on the market compared to 45 days last year. There were 28 homes sold in October this year, down from 51 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$524,950
+7.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
South Portland, OR
$524,950
+7.1%
United States
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How hot is the South Portland housing market?
South Portland is somewhat competitive. Homes sell in 50 days.
0
100
41
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 13 days.
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 South Portland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Portland.
Flood Factor - Moderate
60% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Portland has a moderate risk of flooding. 2,610 properties in South Portland are likely to be
severely affected
by flooding over the next 30 years. This represents 60% of all properties in South Portland. Flood risk is increasing slower than the national average.
30% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Portland has a moderate risk of wildfire. There are 1,582 properties in South Portland that have some risk of being affected by wildfire over the next 30 years. This represents 30% of all properties in South Portland.
South Portland has minimal risk of severe winds over the next 30 years
Wind Factor
South Portland has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.