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Deering Center Downtown Garrison Hills Estates Libbytown Nasons Corner Oakdale Parkside Rosemont Stroudwater Valley Street West End

PORTLAND, ME 04102

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 04102

Deering Center · Downtown · Garrison Hills Estates · Libbytown · Nasons Corner · Oakdale · Parkside · Rosemont · Stroudwater · Valley Street · West End

Market Analysis

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

The PORTLAND, ME real estate market (04102) currently shows 35 active listings, with 5 pending sales. Homes are averaging 106 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 106 days on market compared to 150 days last year.

The median listing price has fallen 29.3% year-over-year, from $692,500 to $489,450.

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.

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Market Context

Market Context

Population: 17,501  ·  Density: 1,127.6/mi²  ·  Median household income: $77,350

Typical home value: $405,972  ·  Homeownership: 51.4%

Market Overview

Active Listings
35
⇧ 25% vs 28 last year
Pending
5
14% pending ratio
Median Price
$489,450
⇩ 29.3% vs $692,500 last year
Average Price
$720,997
⇩ 33.2% vs $1,079,233 last year
Days on Market
106
⇩ 29.3% vs 150 days last year

Price Per Square Foot

Median $/sqft
$510
⇩ 4.9% vs $536/sqft last year
Median Home Size
1,163 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 35 this year vs 28 last year
  • Days on market: 106 now vs 150 last year

Median & Average Pricing

Year over Year
  • Median: $489,450 (-29.3% YoY)
  • Average: $720,997 (-33.2% 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 16.7 miles — 296 listings ($240,438,009 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04102Portland, ME 041020.0 mi36$23,532,696$449,999$653,686
04101Portland, ME 041012.4 mi36$37,219,824$784,500$1,033,884
04098Westbrook, ME 040983.2 mi1$575,000$575,000$575,000
04074Scarborough, ME 040745.6 mi52$44,721,144$749,450$860,022
04107Cape Elizabeth, ME 041075.9 mi17$24,638,372$1,195,000$1,449,316
04038Gorham, ME 040388.2 mi38$24,757,418$652,500$651,511
04021Cumberland Center, ME 040219.8 mi15$9,253,005$609,950$616,867
04017Chebeague Island, ME 0401710.8 mi0$0$1,737,000$1,737,000
04072Saco, ME 0407211.4 mi39$26,858,091$544,000$688,669
04096Yarmouth, ME 0409611.7 mi14$18,446,904$895,000$1,317,636
04084Standish, ME 0408414.6 mi32$21,241,280$584,000$663,790
04039Gray, ME 0403915.9 mi15$8,545,275$535,000$569,685
04003Bailey Island, ME 0400316.7 mi1$649,000$649,000$649,000

Frequently Asked Questions

How many homes are for sale in PORTLAND, ME 04102?

As of February 2026, there are 35 active listings in PORTLAND, ME (zip code 04102), compared to 28 the prior year.

What is the median home price in PORTLAND, ME 04102?

The median listing price in PORTLAND, ME 04102 is $489,450 as of February 2026, a 29.3% decrease from $692,500 the prior year.

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

Homes in PORTLAND, ME 04102 spend an average of 106 days on the market before going under contract, compared to 150 days the prior year.

Is it a seller's or buyer's market in PORTLAND, ME 04102?

Based on current inventory and days-on-market data as of February 2026, PORTLAND, ME 04102 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 106 days on market compared to 150 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 04102 save an estimated $9,789 compared to a typical 5% commission on the median listing price of $489,450. 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.