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SOUTH PORTLAND, ME 04106

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

Market Analysis

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

The SOUTH PORTLAND, ME real estate market (04106) currently shows 34 active listings, with 5 pending sales. Homes are averaging 58 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 58 days on market compared to 50 days last year.

The median listing price has fallen 8.4% year-over-year, from $624,000 to $571,750.

Whether you are buying or selling in SOUTH 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: 26,873  ·  Density: 852.5/mi²  ·  Median household income: $81,551

Typical home value: $357,199  ·  Homeownership: 62.4%

Market Overview

Active Listings
34
⇧ 47.8% vs 23 last year
Pending
5
15% pending ratio
Median Price
$571,750
⇩ 8.4% vs $624,000 last year
Average Price
$936,258
⇧ 44.1% vs $649,800 last year
Days on Market
58
⇧ 16% vs 50 days last year

Price Per Square Foot

Median $/sqft
$374
⇩ 4.6% vs $392/sqft last year
Median Home Size
1,598 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 23 last year
  • Days on market: 58 now vs 50 last year

Median & Average Pricing

Year over Year
  • Median: $571,750 (-8.4% YoY)
  • Average: $936,258 (+44.1% 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 18.8 miles — 250 listings ($217,111,003 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04106South Portland, ME 041060.0 mi30$34,918,920$561,500$1,163,964
04101Portland, ME 041012.7 mi39$41,701,062$779,500$1,069,258
04103Portland, ME 041034.4 mi29$17,424,070$523,725$600,830
04098Westbrook, ME 040984.9 mi2$1,116,666$550,000$558,333
04105Falmouth, ME 041058.1 mi27$35,132,238$1,235,000$1,301,194
04038Gorham, ME 040389.8 mi29$18,793,537$649,500$648,053
04072Saco, ME 0407210.7 mi37$24,515,904$544,000$662,592
04093Buxton, ME 0409312.4 mi11$6,321,832$514,203$574,712
04096Yarmouth, ME 0409612.9 mi12$15,216,504$850,000$1,268,042
04097North Yarmouth, ME 0409715.5 mi8$5,918,000$620,000$739,750
04042Hollis Center, ME 0404216.7 mi10$5,269,670$543,225$526,967
04039Gray, ME 0403917.9 mi15$9,837,600$657,450$655,840
04066Orrs Island, ME 0406618.8 mi1$945,000$945,000$945,000

Frequently Asked Questions

How many homes are for sale in SOUTH PORTLAND, ME 04106?

As of March 2026, there are 34 active listings in SOUTH PORTLAND, ME (zip code 04106), compared to 23 the prior year.

What is the median home price in SOUTH PORTLAND, ME 04106?

The median listing price in SOUTH PORTLAND, ME 04106 is $571,750 as of March 2026, a 8.4% decrease from $624,000 the prior year.

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

Homes in SOUTH PORTLAND, ME 04106 spend an average of 58 days on the market before going under contract, compared to 50 days the prior year.

Is it a seller's or buyer's market in SOUTH PORTLAND, ME 04106?

Based on current inventory and days-on-market data as of March 2026, SOUTH PORTLAND, ME 04106 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 58 days on market compared to 50 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SOUTH PORTLAND, ME 04106 save an estimated $11,435 compared to a typical 5% commission on the median listing price of $571,750. 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.