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SOUTH PORTLAND, ME 04106

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

Market Analysis

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

The SOUTH PORTLAND, ME real estate market (04106) currently shows 30 active listings, with 9 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63 days on market compared to 53 days last year.

The median listing price has fallen 11.8% year-over-year, from $671,000 to $591,975.

Whether you are buying or selling in SOUTH 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: 26,873  ·  Density: 852.5/mi²  ·  Median household income: $81,551

Typical home value: $357,199  ·  Homeownership: 62.4%

Market Overview

Active Listings
30
⇧ 25% vs 24 last year
Pending
9
30% pending ratio
Median Price
$591,975
⇩ 11.8% vs $671,000 last year
Average Price
$1,059,814
⇧ 58.4% vs $669,050 last year
Days on Market
63
⇧ 18.9% vs 53 days last year

Price Per Square Foot

Median $/sqft
$435
⇧ 15.4% vs $377/sqft last year
Median Home Size
1,548 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 30 this year vs 24 last year
  • Days on market: 63 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $591,975 (-11.8% YoY)
  • Average: $1,059,814 (+58.4% 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 17.7 miles — 261 listings ($231,776,949 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04106South Portland, ME 041060.0 mi38$40,040,562$584,000$1,053,699
04101Portland, ME 041012.7 mi36$37,219,824$784,500$1,033,884
04103Portland, ME 041034.4 mi35$22,056,720$625,000$630,192
04098Westbrook, ME 040984.9 mi1$575,000$575,000$575,000
04092Westbrook, ME 040925.5 mi35$16,353,540$495,000$467,244
04064Old Orchard Beach, ME 040648.8 mi48$30,898,608$559,000$643,721
04110Cumberland Foreside, ME 041109.9 mi2$3,190,000$1,595,000$1,595,000
04017Chebeague Island, ME 0401711.2 mi0$0$1,737,000$1,737,000
04093Buxton, ME 0409312.4 mi14$8,727,250$517,000$623,375
04096Yarmouth, ME 0409612.9 mi14$18,446,904$895,000$1,317,636
04097North Yarmouth, ME 0409715.5 mi7$6,545,791$924,500$935,113
04003Bailey Island, ME 0400316.7 mi1$649,000$649,000$649,000
04046Kennebunkport, ME 0404617.7 mi30$47,073,750$765,000$1,569,125

Frequently Asked Questions

How many homes are for sale in SOUTH PORTLAND, ME 04106?

As of February 2026, there are 30 active listings in SOUTH PORTLAND, ME (zip code 04106), compared to 24 the prior year.

What is the median home price in SOUTH PORTLAND, ME 04106?

The median listing price in SOUTH PORTLAND, ME 04106 is $591,975 as of February 2026, a 11.8% decrease from $671,000 the prior year.

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

Homes in SOUTH PORTLAND, ME 04106 spend an average of 63 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in SOUTH PORTLAND, ME 04106?

Based on current inventory and days-on-market data as of February 2026, SOUTH PORTLAND, ME 04106 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 53 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SOUTH PORTLAND, ME 04106 save an estimated $11,840 compared to a typical 5% commission on the median listing price of $591,975. 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.