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NEW PORTLAND, ME 04961

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

Market Analysis

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

The NEW PORTLAND, ME real estate market (04961) currently shows 14 active listings, with 2 pending sales. Homes are averaging 137 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 137 days on market compared to 30 days last year.

The median listing price has risen 11.6% year-over-year, from $354,000 to $395,000.

Whether you are buying or selling in NEW 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: 732  ·  Density: 0.7/mi²  ·  Median household income: $41,099

Typical home value: $133,789  ·  Homeownership: 94.1%

Market Overview

Active Listings
14
⇧ 75% vs 8 last year
Pending
2
14% pending ratio
Median Price
$395,000
⇧ 11.6% vs $354,000 last year
Average Price
$597,036
⇧ 46.1% vs $408,636 last year
Days on Market
137
⇧ 356.7% vs 30 days last year

Price Per Square Foot

Median $/sqft
$288
⇩ 0.7% vs $290/sqft last year
Median Home Size
1,103 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 8 last year
  • Days on market: 137 now vs 30 last year

Median & Average Pricing

Year over Year
  • Median: $395,000 (+11.6% YoY)
  • Average: $597,036 (+46.1% 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 34.9 miles — 172 listings ($91,646,428 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04961New Portland, ME 049610.0 mi17$11,142,565$425,000$655,445
04982Stratton, ME 0498212.1 mi3$1,548,501$399,000$516,167
04983Strong, ME 0498317.8 mi10$9,865,830$269,750$986,583
04958North Anson, ME 0495821.2 mi8$5,025,104$537,475$628,138
04956New Vineyard, ME 0495624.7 mi3$879,999$275,000$293,333
04970Rangeley, ME 0497025.4 mi50$38,559,250$654,000$771,185
04966Phillips, ME 0496627.8 mi9$2,723,130$284,450$302,570
04950Madison, ME 0495028.7 mi23$5,155,726$239,900$224,162
04942Harmony, ME 0494229.2 mi8$2,532,800$299,000$316,600
04485Shirley Mills, ME 0448530.2 mi4$2,971,868$414,500$742,967
04984Temple, ME 0498432.5 mi4$1,415,868$399,900$353,967
04285Weld, ME 0428534.4 mi2$368,276$196,350$184,138
04976Skowhegan, ME 0497634.9 mi31$9,457,511$286,725$305,081

Frequently Asked Questions

How many homes are for sale in NEW PORTLAND, ME 04961?

As of March 2026, there are 14 active listings in NEW PORTLAND, ME (zip code 04961), compared to 8 the prior year.

What is the median home price in NEW PORTLAND, ME 04961?

The median listing price in NEW PORTLAND, ME 04961 is $395,000 as of March 2026, a 11.6% increase from $354,000 the prior year.

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

Homes in NEW PORTLAND, ME 04961 spend an average of 137 days on the market before going under contract, compared to 30 days the prior year.

Is it a seller's or buyer's market in NEW PORTLAND, ME 04961?

Based on current inventory and days-on-market data as of March 2026, NEW PORTLAND, ME 04961 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 137 days on market compared to 30 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEW PORTLAND, ME 04961 save an estimated $7,900 compared to a typical 5% commission on the median listing price of $395,000. 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.