Maine Real Estate & Property Data

Maine Real Estate Market Trends
Last Updated: March 19, 2024

Get access to Maine real estate data and housing market reports powered by the industry’s leading provider of real estate and property data, ATTOM. There have been 22,799 residential properties sold in the Maine real estate market over the past 12 months. As of January 2024, the median home price in ME on single-family homes is $337,500. The median single-family home value for properties over the last 12 months is $367,215. Currently, the State of Maine has 103 properties in foreclosure and 7 REOs (real estate bank owned).

See how easy it is to locate target properties in ME, build bespoke property reports, and create marketing lists from ATTOM’s Maine real estate data.

Maine Real Estate Market Trends
Total Residential Properties 559,588
Total Commercial Properties 28,156
Avg. Home Age (Single Family Home) 48 Years
Avg. Square Feet (Single Family Home) 1,548
Total 2024 Residential Sales (year-to-date) 1,315
% of Homes Seriously Underwater (Q1 2024) 0.73%
Total 2023 Residential Sales 21,484
% of Equity Rich Homes (Q1 2024) 40.28%
Effective 2023 Property Tax 0.83%
Total Foreclosure Filings (year-to-date) 103
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Maine Real Estate Overview

There were 22,799 residential properties sold in the past year in Maine. The median home value in Maine is $367,215. There are a total of 559,588 residential properties in the ME.

Median Sales Price i
$337,500
(Jan 2024)
+12.5%
year-over-year
y-o-y
  • January '24 Jan '24 $337,500
  • December '23 Dec '23 $315,000
  • November '23 Nov '23 $325,000
  • October '23 Oct '23 $350,000
  • September '23 Sep '23 $335,000
  • August '23 Aug '23 $346,775
  • July '23 Jul '23 $350,000
  • June '23 Jun '23 $350,000
  • May '23 May '23 $350,000
  • April '23 Apr '23 $320,000
  • March '23 Mar '23 $317,000
  • February '23 Feb '23 $287,750
Median Down Payment i
$49,500
(Jan 2024)
+15.1%
year-over-year
y-o-y
  • January '24 Jan '24 $49,500
  • December '23 Dec '23 $52,200
  • November '23 Nov '23 $52,749
  • October '23 Oct '23 $60,175
  • September '23 Sep '23 $58,875
  • August '23 Aug '23 $59,966
  • July '23 Jul '23 $55,950
  • June '23 Jun '23 $60,000
  • May '23 May '23 $55,000
  • April '23 Apr '23 $50,500
  • March '23 Mar '23 $45,571
  • February '23 Feb '23 $41,100
Number of Homes Sold i
1,315
(Jan 2024)
-3.5%
year-over-year
y-o-y
  • January '24 Jan '24 1,315
  • December '23 Dec '23 1,452
  • November '23 Nov '23 1,793
  • October '23 Oct '23 2,164
  • September '23 Sep '23 2,112
  • August '23 Aug '23 2,325
  • July '23 Jul '23 2,137
  • June '23 Jun '23 2,102
  • May '23 May '23 1,863
  • April '23 Apr '23 1,439
  • March '23 Mar '23 1,563
  • February '23 Feb '23 1,171
Number of Purchase Loans i
697
(Jan 2024)
-7.8%
year-over-year
y-o-y
  • January '24 Jan '24 697
  • December '23 Dec '23 853
  • November '23 Nov '23 967
  • October '23 Oct '23 1,241
  • September '23 Sep '23 1,153
  • August '23 Aug '23 1,325
  • July '23 Jul '23 1,228
  • June '23 Jun '23 1,167
  • May '23 May '23 1,042
  • April '23 Apr '23 771
  • March '23 Mar '23 800
  • February '23 Feb '23 624
Number of REFI Loans i
806
(Jan 2024)
+8.5%
year-over-year
y-o-y
  • January '24 Jan '24 806
  • December '23 Dec '23 841
  • November '23 Nov '23 957
  • October '23 Oct '23 1,113
  • September '23 Sep '23 991
  • August '23 Aug '23 1,147
  • July '23 Jul '23 1,061
  • June '23 Jun '23 1,105
  • May '23 May '23 1,140
  • April '23 Apr '23 895
  • March '23 Mar '23 894
  • February '23 Feb '23 648
Number of HELOC Loans i
386
(Jan 2024)
-7.9%
year-over-year
y-o-y
  • January '24 Jan '24 386
  • December '23 Dec '23 447
  • November '23 Nov '23 523
  • October '23 Oct '23 573
  • September '23 Sep '23 570
  • August '23 Aug '23 660
  • July '23 Jul '23 543
  • June '23 Jun '23 575
  • May '23 May '23 665
  • April '23 Apr '23 508
  • March '23 Mar '23 505
  • February '23 Feb '23 356

Maine Real Estate Market Overview

Last 30 days
  • County
    Median Est. Value
  • County
    Median Est. Value
  • County
    Median Est. Value

Maine Foreclosure Activity

There were a total of 103 Maine properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 60 Maine properties and repossessed 7 Maine properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
103
(Jan 2024)
+53.7%
year-over-year
y-o-y
  • January '24 Jan '24 103
  • December '23 Dec '23 143
  • November '23 Nov '23 106
  • October '23 Oct '23 101
  • September '23 Sep '23 145
  • August '23 Aug '23 67
  • July '23 Jul '23 105
  • June '23 Jun '23 147
  • May '23 May '23 130
  • April '23 Apr '23 115
  • March '23 Mar '23 99
  • February '23 Feb '23 47
Foreclosure Starts i
60
(Jan 2024)
+30.4%
year-over-year
y-o-y
  • January '24 Jan '24 60
  • December '23 Dec '23 120
  • November '23 Nov '23 83
  • October '23 Oct '23 57
  • September '23 Sep '23 87
  • August '23 Aug '23 50
  • July '23 Jul '23 84
  • June '23 Jun '23 117
  • May '23 May '23 106
  • April '23 Apr '23 87
  • March '23 Mar '23 71
  • February '23 Feb '23 32
Completed Foreclosures (REOs) i
7
(Jan 2024)
-30%
year-over-year
y-o-y
  • January '24 Jan '24 7
  • December '23 Dec '23 19
  • November '23 Nov '23 12
  • October '23 Oct '23 12
  • September '23 Sep '23 7
  • August '23 Aug '23 4
  • July '23 Jul '23 10
  • June '23 Jun '23 15
  • May '23 May '23 17
  • April '23 Apr '23 7
  • March '23 Mar '23 10
  • February '23 Feb '23 15
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