Maine housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it means for l
Maine is currently a balanced market. The median sale price sits near $398,000, up 5.1% from a year ago, with roughly 26,387 active listings and 3.2 months of supply. Homes are going under contract in about 36 days on average.
Maine's median sale price of $398,000 is 5.1% below the $419,300 national median, which places it 22 of 51 states by price level. Year-over-year appreciation of 5.1% ranks 10 of 51, so Maine is currently a faster-appreciating state relative to the rest of the country.
Inside the Northeast region, the median state price is $451,000, so Maine runs 11.8% cheaper than its regional peers — the closest comparisons are Massachusetts at $631,000, Washington, D.C. at $618,000, New Jersey at $549,000, New Hampshire at $512,000. That gap matters for loan sizing: at the same rate, a Maine file carries roughly $53,000 less balance than the regional median, which changes qualifying income and the value of a rate-and-term option.
No individual Maine metro is broken out in this dataset, so the state figure is the most granular number we publish here. For submarket detail, work from county records and your MLS rather than treating the Maine median as a local comp.
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Maine is currently a balanced market. The median sale price sits near $398,000, up 5.1% from a year ago, with roughly 26,387 active listings and 3.2 months of supply. Homes are going under contract in about 36 days on average.
Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Maine runs about $2,666 per month including taxes and insurance, against a median rent near $1,936. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.
Supply is close to balance, with price reductions on about 24% of active listings. Builder incentives are limited, and permits are running near 40,906 annualized units.
For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.
Maine currently reads as a balanced market with 3.2 months of supply. Balanced is generally considered four to six months, so this market is close to balance.
The median sale price is approximately $398,000 as of 7/24/2026, up 5.1% from a year earlier.
No. Median prices are up about 5.1% year over year, though the pace of appreciation has slowed considerably from the 2021 peak.
The typical down payment on a closed transaction is near $48,126, and the resulting payment at the current national average 30-year fixed rate is roughly $2,666 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.
Our directional 12-month range is +3.5% to +6.9% on median price. Confidence is moderate; the rate path is the dominant variable.
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