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
124 Dyke Farm Road 124 South Portland, Maine
4 Beds 2 Baths 1,378 SqFt
Listed by: Coldwell Banker Realty
105 Mitchell Road South Portland, Maine
2 Beds 2 Baths 755 SqFt 0.18 Acres
Listed by: Keller Williams Realty
38 Lowell Street South Portland, Maine
3 Beds 2 Baths 1,656 SqFt 0.12 Acres
Listed by: Portside Real Estate Group
8 Walnut Street South Portland, Maine
3 Beds 1 Baths 1,492 SqFt 0.11 Acres
Listed by: Waypoint Brokers Collective
29 Birch Road South Portland, Maine
3 Beds 2 Baths 1,640 SqFt 0.25 Acres
Listed by: Keller Williams Realty
46 Angell Avenue 3 South Portland, Maine
3 Beds 2 Baths 1,280 SqFt
Listed by: Portside Real Estate Group
1101 Highland Avenue South Portland, Maine
3 Beds 2 Baths 1,674 SqFt 0.3 Acres
Listed by: Keller Williams Realty
92 Pennsylvania Avenue South Portland, Maine
3 Beds 1 Baths 1,058 SqFt 0.14 Acres
Listed by: EXP Realty
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