Call or Text (240) SELL-123
Downtown East Bayside (India Street) East End Ferry Village Meeting House Hill Oakdale Parkside West Bayside West End Willard Square

PORTLAND, ME 04101

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 04101

Downtown · East Bayside (India Street) · East End · Ferry Village · Meeting House Hill · Oakdale · Parkside · West Bayside · West End · Willard Square

Market Analysis

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

The PORTLAND, ME real estate market (04101) currently shows 39 active listings, with 5 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 73 days on market compared to 101 days last year.

The median listing price has risen 0.1% year-over-year, from $779,000 to $779,500.

Whether you are buying or selling in 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PORTLAND, ME 04101 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 17,832  ·  Density: 3,392.3/mi²  ·  Median household income: $54,513

Typical home value: $576,381  ·  Homeownership: 21.9%

Market Overview

Active Listings
39
⇩ 11.4% vs 44 last year
Pending
5
13% pending ratio
Median Price
$779,500
⇧ 0.1% vs $779,000 last year
Average Price
$1,069,258
⇧ 10.9% vs $964,588 last year
Days on Market
73
⇩ 27.7% vs 101 days last year

Price Per Square Foot

Median $/sqft
$666
⇩ 11.4% vs $752/sqft last year
Median Home Size
1,188 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 44 last year
  • Days on market: 73 now vs 101 last year

Median & Average Pricing

Year over Year
  • Median: $779,500 (+0.1% YoY)
  • Average: $1,069,258 (+10.9% 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 16.5 miles — 387 listings ($308,432,540 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04101Portland, ME 041010.0 mi36$37,219,824$784,500$1,033,884
04106South Portland, ME 041062.7 mi38$40,040,562$584,000$1,053,699
04108Peaks Island, ME 041083.5 mi2$1,700,000$850,000$850,000
04092Westbrook, ME 040925.3 mi35$16,353,540$495,000$467,244
04105Falmouth, ME 041056.0 mi30$42,025,020$1,295,000$1,400,834
04074Scarborough, ME 040747.4 mi52$44,721,144$749,450$860,022
04021Cumberland Center, ME 040219.3 mi15$9,253,005$609,950$616,867
04038Gorham, ME 0403810.4 mi38$24,757,418$652,500$651,511
04062Windham, ME 0406211.9 mi43$25,773,985$577,000$599,395
04072Saco, ME 0407213.3 mi39$26,858,091$544,000$688,669
04003Bailey Island, ME 0400314.4 mi1$649,000$649,000$649,000
04039Gray, ME 0403916.1 mi15$8,545,275$535,000$569,685
04005Biddeford, ME 0400516.5 mi43$30,535,676$654,500$710,132

Frequently Asked Questions

How many homes are for sale in PORTLAND, ME 04101?

As of February 2026, there are 39 active listings in PORTLAND, ME (zip code 04101), compared to 44 the prior year.

What is the median home price in PORTLAND, ME 04101?

The median listing price in PORTLAND, ME 04101 is $779,500 as of February 2026, a 0.1% increase from $779,000 the prior year.

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

Homes in PORTLAND, ME 04101 spend an average of 73 days on the market before going under contract, compared to 101 days the prior year.

Is it a seller's or buyer's market in PORTLAND, ME 04101?

Based on current inventory and days-on-market data as of February 2026, PORTLAND, ME 04101 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 73 days on market compared to 101 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PORTLAND, ME 04101 save an estimated $15,590 compared to a typical 5% commission on the median listing price of $779,500. 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.