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Maine Home Values Up 4.44 Percent in April

Maine Home Values Up 4.44 Percent in April

PORTLAND, ME (May, 2025) – Legacy Properties Sotheby’s International Realty, Maine’s leading luxury property company, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, announces that the arrival of spring is catching the interest of home buyers across Maine. Today, Maine Listings reported 942 homes changed hands in April 2025, a slight decrease of 0.74 percent compared to April of 2024. Realtors across Maine’s 16 counties sold 942 single-family existing homes with a median sales price (MSP) that reached $400,000—up 4.44 percent year over year. The MSP indicates that half of the homes were sold for more and half sold for less.

“Spring has sprung! Listing activity and buyer demand has heated up,” says Jeff Harris, 2025 President of the Maine Association of REALTORS® and Broker affiliated with Harris Real Estate in Farmington.

“The number of April sales, while slightly lower than a year ago, are 11 percent higher than last month. The statewide median sales price touched $400,000 for the third time since September 2024, though seven of Maine’s sixteen counties experienced price decreases.

“Listing activity has also picked up with 19 percent more homes on the market in April than March—that’s nearly 600 homes.”

According to the National Association of Realtors, comparing April 2025 to April 2024, home sales nationwide dipped 1.4 percent while the national MSP increased 1.7 percent to $418,000. Regionally, sales figures for single-family homes in the Northeast for April 2025 remained unchanged from April a year ago and the regional MSP increased 6.3 percent to $487,400 over that time period.

“As we begin the traditional peak season for real estate activity, be prepared, stay informed, and consult with your Realtor to make strategic decisions and navigate the dynamics of your local market—whether you’re selling or buying,” says Harris.

Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of April (2024/2025), statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of February, March and April (2024/2025).

Legacy Properties Sotheby’s International Realty can be reached at 207-780-8900 and [email protected]. Legacy Properties Sotheby’s International Realty, with offices in Portland, Kennebunk, Brunswick, Damariscotta, Camden, and Northeast Harbor, is Maine’s leading luxury and lifestyle property company with six offices and more than 100 agents serving Maine and New Hampshire’s coastal, lake, and mountain communities.

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