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Downtown East Bayside (India Street) East End Ferry Village Meeting House Hill Oakdale Parkside West Bayside West End Willard Square

PORTLAND, ME 04101

Real Estate Market Report  ·  Cumberland County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 04101

Downtown · East Bayside (India Street) · East End · Ferry Village · Meeting House Hill · Oakdale · Parkside · West Bayside · West End · Willard Square

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PORTLAND, ME real estate market (04101) currently shows 48 active listings, with 5 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 41 days on market compared to 100 days last year.

The median listing price has fallen 5.1% year-over-year, from $789,000 to $749,000.

Whether you are buying or selling in PORTLAND, ME, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,832  ·  Density: 3,392.3/mi²  ·  Median household income: $54,513

Typical home value: $576,381  ·  Homeownership: 21.9%

Market Overview

Active Listings
48
⇧ 17.1% vs 41 last year
Pending
5
10% pending ratio
Median Price
$749,000
⇩ 5.1% vs $789,000 last year
Average Price
$1,001,543
⇩ 4.1% vs $1,043,961 last year
Days on Market
41
⇩ 59% vs 100 days last year

Price Per Square Foot

Median $/sqft
$640
⇩ 8.8% vs $702/sqft last year
Median Home Size
1,173 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 41 last year
  • Days on market: 41 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $749,000 (-5.1% YoY)
  • Average: $1,001,543 (-4.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.2 miles — 252 listings ($214,457,381 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04101Portland, ME 041010.0 mi39$41,701,062$779,500$1,069,258
04106South Portland, ME 041062.7 mi30$34,918,920$561,500$1,163,964
04107Cape Elizabeth, ME 041075.2 mi13$17,688,567$1,287,500$1,360,659
04098Westbrook, ME 040985.4 mi2$1,116,666$550,000$558,333
04110Cumberland Foreside, ME 041107.3 mi2$1,449,000$724,500$724,500
04021Cumberland Center, ME 040219.3 mi12$8,589,204$599,900$715,767
04038Gorham, ME 0403810.4 mi29$18,793,537$649,500$648,053
04062Windham, ME 0406211.9 mi42$26,681,172$599,000$635,266
04072Saco, ME 0407213.3 mi37$24,515,904$544,000$662,592
04032Freeport, ME 0403215.5 mi14$9,973,250$704,250$712,375
04066Orrs Island, ME 0406616.4 mi1$945,000$945,000$945,000
04084Standish, ME 0408416.6 mi26$17,245,514$556,725$663,289
04079Harpswell, ME 0407918.2 mi5$10,839,585$1,731,250$2,167,917

Frequently Asked Questions

How many homes are for sale in PORTLAND, ME 04101?

As of March 2026, there are 48 active listings in PORTLAND, ME (zip code 04101), compared to 41 the prior year.

What is the median home price in PORTLAND, ME 04101?

The median listing price in PORTLAND, ME 04101 is $749,000 as of March 2026, a 5.1% decrease from $789,000 the prior year.

How long do homes stay on the market in PORTLAND, ME?

Homes in PORTLAND, ME 04101 spend an average of 41 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in PORTLAND, ME 04101?

Based on current inventory and days-on-market data as of March 2026, PORTLAND, ME 04101 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 100 days last year.

How much can I save on real estate commission in PORTLAND, ME?

With SELL123.com's maximum 3% commission, sellers in PORTLAND, ME 04101 save an estimated $14,980 compared to a typical 5% commission on the median listing price of $749,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.