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Back Cove Deering Center East Deering Nasons Corner North Deering Oakdale Riverton Rosemont

PORTLAND, ME 04103

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 04103

Back Cove · Deering Center · East Deering · Nasons Corner · North Deering · Oakdale · Riverton · Rosemont

Market Analysis

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

The PORTLAND, ME real estate market (04103) currently shows 86 active listings, with 13 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 17 days last year.

The median listing price has risen 0.9% year-over-year, from $578,725 to $584,150.

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Market Context

Market Context

Population: 31,892  ·  Density: 1,203.5/mi²  ·  Median household income: $81,523

Typical home value: $385,676  ·  Homeownership: 58.7%

Market Overview

Active Listings
86
⇧ 36.5% vs 63 last year
Pending
13
15% pending ratio
Median Price
$584,150
⇧ 0.9% vs $578,725 last year
Average Price
$647,077
⇧ 7.9% vs $599,815 last year
Days on Market
37
⇧ 117.6% vs 17 days last year

Price Per Square Foot

Median $/sqft
$367
⇧ 0.5% vs $365/sqft last year
Median Home Size
1,528 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 86 this year vs 63 last year
  • Days on market: 37 now vs 17 last year

Median & Average Pricing

Year over Year
  • Median: $584,150 (+0.9% YoY)
  • Average: $647,077 (+7.9% 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 17.1 miles — 342 listings ($288,713,969 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04103Portland, ME 041030.0 mi29$17,424,070$523,725$600,830
04101Portland, ME 041012.7 mi39$41,701,062$779,500$1,069,258
04105Falmouth, ME 041053.7 mi27$35,132,238$1,235,000$1,301,194
04106South Portland, ME 041064.4 mi30$34,918,920$561,500$1,163,964
04021Cumberland Center, ME 040217.3 mi12$8,589,204$599,900$715,767
04074Scarborough, ME 040748.1 mi40$37,569,560$791,950$939,239
04062Windham, ME 040629.2 mi42$26,681,172$599,000$635,266
04097North Yarmouth, ME 0409711.2 mi8$5,918,000$620,000$739,750
04093Buxton, ME 0409312.8 mi11$6,321,832$514,203$574,712
04072Saco, ME 0407213.7 mi37$24,515,904$544,000$662,592
04032Freeport, ME 0403214.6 mi14$9,973,250$704,250$712,375
04071Raymond, ME 0407116.9 mi9$8,828,505$555,000$980,945
04005Biddeford, ME 0400517.1 mi44$31,140,252$613,500$707,733

Frequently Asked Questions

How many homes are for sale in PORTLAND, ME 04103?

As of September 2026, there are 86 active listings in PORTLAND, ME (zip code 04103), compared to 63 the prior year.

What is the median home price in PORTLAND, ME 04103?

The median listing price in PORTLAND, ME 04103 is $584,150 as of September 2026, a 0.9% increase from $578,725 the prior year.

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

Homes in PORTLAND, ME 04103 spend an average of 37 days on the market before going under contract, compared to 17 days the prior year.

Is it a seller's or buyer's market in PORTLAND, ME 04103?

Based on current inventory and days-on-market data as of September 2026, PORTLAND, ME 04103 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 17 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 04103 save an estimated $11,683 compared to a typical 5% commission on the median listing price of $584,150. 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.