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Back Cove Deering Center East Deering Nasons Corner North Deering Oakdale Riverton Rosemont

PORTLAND, ME 04103

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

Neighborhoods in ZIP 04103

Back Cove · Deering Center · East Deering · Nasons Corner · North Deering · Oakdale · Riverton · Rosemont

Market Analysis

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

The PORTLAND, ME real estate market (04103) currently shows 29 active listings, with 6 pending sales. Homes are averaging 72 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 72 days on market compared to 52 days last year.

The median listing price has fallen 15.3% year-over-year, from $650,000 to $550,450.

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: 31,892  ·  Density: 1,203.5/mi²  ·  Median household income: $81,523

Typical home value: $385,676  ·  Homeownership: 58.7%

Market Overview

Active Listings
29
⇧ 16% vs 25 last year
Pending
6
21% pending ratio
Median Price
$550,450
⇩ 15.3% vs $650,000 last year
Average Price
$619,785
⇩ 6.6% vs $663,907 last year
Days on Market
72
⇧ 38.5% vs 52 days last year

Price Per Square Foot

Median $/sqft
$407
⇩ 13% vs $468/sqft last year
Median Home Size
1,308 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 25 last year
  • Days on market: 72 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $550,450 (-15.3% YoY)
  • Average: $619,785 (-6.6% 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 15.4 miles — 269 listings ($247,303,928 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04103Portland, ME 041030.0 mi35$22,056,720$625,000$630,192
04101Portland, ME 041012.7 mi36$37,219,824$784,500$1,033,884
04105Falmouth, ME 041053.7 mi30$42,025,020$1,295,000$1,400,834
04106South Portland, ME 041064.4 mi38$40,040,562$584,000$1,053,699
04110Cumberland Foreside, ME 041106.4 mi2$3,190,000$1,595,000$1,595,000
04107Cape Elizabeth, ME 041077.7 mi17$24,638,372$1,195,000$1,449,316
04038Gorham, ME 040388.4 mi38$24,757,418$652,500$651,511
04017Chebeague Island, ME 040179.2 mi0$0$1,737,000$1,737,000
04097North Yarmouth, ME 0409711.2 mi7$6,545,791$924,500$935,113
04093Buxton, ME 0409312.8 mi14$8,727,250$517,000$623,375
04072Saco, ME 0407213.7 mi39$26,858,091$544,000$688,669
04032Freeport, ME 0403214.6 mi12$10,595,880$807,000$882,990
04003Bailey Island, ME 0400315.4 mi1$649,000$649,000$649,000

Frequently Asked Questions

How many homes are for sale in PORTLAND, ME 04103?

As of February 2026, there are 29 active listings in PORTLAND, ME (zip code 04103), compared to 25 the prior year.

What is the median home price in PORTLAND, ME 04103?

The median listing price in PORTLAND, ME 04103 is $550,450 as of February 2026, a 15.3% decrease from $650,000 the prior year.

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

Homes in PORTLAND, ME 04103 spend an average of 72 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in PORTLAND, ME 04103?

Based on current inventory and days-on-market data as of February 2026, PORTLAND, ME 04103 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 72 days on market compared to 52 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 04103 save an estimated $11,009 compared to a typical 5% commission on the median listing price of $550,450. 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.