Welcome to your new home in beautiful South Portland! We’re thrilled to have you join our vibrant community. South Portland is known for its picturesque landscapes, friendly neighborhoods, and a plethora of recreational activities.
Whether you’re taking a stroll along the scenic Greenbelt Walkway, enjoying a day at Willard Beach, or exploring the historic sites at Bug Light Park, there’s always something exciting to do. Our local restaurants, cafes, and shops offer a delightful array of culinary delights and unique finds.
Median Sale Price: The median sale price of a home in South Portland is $505,000, which is a 3.8% decrease compared to last year.
Price per Square Foot: The median sale price per square foot is $352, showing a 19.7% increase from last year
Competitive Market: The South Portland housing market is very competitive. Many homes receive multiple offers, some with waived contingencies.
Sale-to-List Price Ratio: On average, homes sell for about 1% below list price and go pending in around 32 days. Hot homes can sell for about 2% above list price and go pending in around 10 days
Inbound vs. Outbound: In recent months, 33% of South Portland homebuyers searched to move out of South Portland, while 67% looked to stay within the metropolitan area.
Popular Destinations: Augusta, Bangor, and Myrtle Beach are popular destinations for those moving out of South Portland
Types of Homes: Single-family detached homes are the most common housing type, accounting for 55.82% of the city’s housing units. Other prevalent types include large apartment complexes, duplexes, and homes converted to apartments.
Age of Homes: South Portland has a mix of housing built from various periods, with a significant portion built before 1939 and between 1970-1999
Long-Term Investment: Over the last ten years, South Portland has experienced high home appreciation rates, with real estate appreciating 125.66%, averaging an annual appreciation rate of 8.48%
New to the Market
59 Brigham Street South Portland, Maine
3 Beds 2 Baths 1,764 SqFt 0.21 Acres
Listed by: Coldwell Banker Realty
111 Jordan Avenue South Portland, Maine
2 Beds 2 Baths 1,569 SqFt 0.13 Acres
Listed by: Portside Real Estate Group
14 Cormorant Place South Portland, Maine
2 Beds 2 Baths 1,152 SqFt
Listed by: Bay Realty
1900 Broadway South Portland, Maine
3 Beds 2 Baths 1,618 SqFt 0.32 Acres
Listed by: Keller Williams Realty
341 Pine Street 304 South Portland, Maine
2 Beds 2 Baths 1,281 SqFt
Listed by: Portside Real Estate Group
144 Sawyer Street South Portland, Maine
4 Beds 1 Baths 1,467 SqFt 0.21 Acres
Listed by: Keller Williams Realty
10 Mast Lane South Portland, Maine
3 Beds 2 Baths 1,404 SqFt 0.16 Acres
Listed by: LAER
161 School Street South Portland, Maine
2 Beds 3 Baths 1,535 SqFt 0.09 Acres
Listed by: Coldwell Banker Realty
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