Portland, ME metro area Housing Market Brief
metro · ME · as of August 2026
What is Portland, ME metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Portland, ME metro area in its market cycle?
Portland, ME metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Portland, ME metro area?
Our model forecasts Portland, ME metro area’s home prices to rise about 1.0% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Portland, ME metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $573K | ▲ +2.4% |
| Median Days on Market | 43 days | ▼ -12.2% |
| Months of Supply | 2.9 | 0% |
| Homes for Sale | 2,311 | ▼ -3.2% |
| Homes Sold | 832 | ▼ -0.8% |
| Median Price / Sq Ft | $345 | ▲ +3.4% |
How has Portland, ME metro area’s Alpha Score moved?
Markets like Portland, ME metro area
- Santa Maria, CA metro area, CAmetro40
- Logan, UT metro area, UTmetro39
- Traverse City, MI metro area, MImetro40
- Knoxville, TN metro area, TNmetro40
- San Diego, CA metro area, CAmetro39
- Bellingham, WA metro area, WAmetro37
- Burlington, VT metro area, VTmetro37
- Lebanon, NH metro area, NHmetro38
- Naples, FL metro area, FLmetro35
- Madison, WI metro area, WImetro48
Frequently asked questions
Is Portland, ME metro area a buyer's or seller's market?
As of August 2026, Portland, ME metro area is classified as a Balanced Market, based on its Alpha Score of 41 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Portland, ME metro area?
The median sale price in Portland, ME metro area is $573K, having risen 2.4% over the past year.
How affordable is Portland, ME metro area?
Portland, ME metro area scores 13 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Portland, ME metro area's Alpha Score?
Portland, ME metro area's strongest dimension is Economic Strength (64/100) and its weakest is Affordability (13/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Portland, ME metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.