I want to... 🏠 Sell my home | 🗝️ Buy a home | 🗺️ Find a new place to live in Maine
💡 Key Maine housing market facts
Data Point | Value | Rank | Compared to National Avg |
Typical Home Value | $395,074[1] | #18 of 50 states | 8.3% higher |
Median Listing Price | $429,725[2] | #21 of 50 states | 1.1% higher |
Median Sale Price | $407,300[3] | #21 of 50 states | 0.8% lower |
30 Year Mortgage Rate | 7.04%[4] | #41 of 50 states | 0.9% higher |
Median Days on Market | 94[5] | #47 of 50 states | 24.1% longer |
Looking to buy or sell in Maine?
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🗺️ Buying a house in the Maine real estate market
Maine has an affordability score of 6.8, meaning it takes 6.8 years of the median household income ($59,489) to afford Maine's median home sale price ($407,300). Because of this, we rank Maine as the 20th least affordable state for buyers based strictly on prices compared to income.
Data Point | Value | Rank | Compared to National Avg |
Median Sale Price | $407,300[6] | #21 of 50 states | 0.8% lower |
30 Year Mortgage Rate | 7.04%[7] | #41 of 50 states | 0.9% higher |
Median Household Income | $59,489[8] | #32 of 50 states | 7.8% lower |
Affordability Ratio | 6.8 | #31 of 50 states | 9.1% higher |
Buyers Agent Commission | 2.57%[9] | #25 of 50 states | 1.3% higher |
Resources for Maine home buyers
Preparing to buy in Maine
🗺️ Selling a house in the Maine real estate market
According to our detailed survey of Maine real estate agents, listing agents (those representing the seller) charge an average commission in Maine of 2.68%, which is the 17th lowest in the United States. Buyers' agents charge an average commission of 2.57%, which is the 25th lowest in the United States.
Data Point | Value | Rank | Compared to National Avg |
Median Listing Price | $429,725[10] | #21 of 50 states | 1.1% higher |
Median Sale Price | $407,300[11] | #21 of 50 states | 0.8% lower |
Median Days on Market | 94[12] | #47 of 50 states | 24.1% longer |
Buyer's Agent Commission | 2.57%[13] | #25 of 50 states | 1.3% higher |
Listing Agent Commission | 2.68%[14] | #17 of 50 states | 1.6% lower |
Resources for Maine home sellers
Preparing to sell in Maine
- 8 Steps to Selling a House in Maine
- Average Time to Sell a House in Maine
- When Is the Best Time to Sell a House in Maine?
Maine home selling costs and requirements
Moving to Maine
According to our recent moving trends survey[15], 8% of Americans indicated that they would choose to move to Maine if money were no object.
Here's how Maine cities rank in a number of our research studies.
Study | Best Maine city | Rank |
Best Pizza Cities[16] | No ranking Maine cities | No ranking Maine cities |
Best Coffee Cities[17] | No ranking Maine cities | No ranking Maine cities |
Best LGBTQ Cities[18] | No ranking Maine cities | No ranking Maine cities |
Best Bike Cities[19] | No ranking Maine cities | No ranking Maine cities |
Best Commuter Cities[20] | No ranking Maine cities | No ranking Maine cities |