South Portland, ME Housing Market
The South Portland housing market is most competitive. The median sale price of a home in South Portland was $480K last month, down 9.0% since last year. The median sale price per square foot in South Portland is $384, up 6.4% since last year.
South Portland Housing Market Trends
In April 2024, South Portland home prices were down 9.0% compared to last year, selling for a median price of $480K. On average, homes in South Portland sell after 7 days on the market compared to 7 days last year. There were 13 homes sold in April this year, down from 16 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the South Portland housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 13 days.
- Hot homescan sell for about 8% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 13 days.
- Hot homescan sell for about 8% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 11 days.
- Hot homescan sell for about 9% above list price and go pending in around 5 days.
South Portland Migration & Relocation Trends
- Across the nation, 0.60% of homebuyers searched to move into South Portland from outside metros.
- Boston homebuyers searched to move into South Portland more than any other metro followed by New York and Washington.
- 70% of South Portland homebuyers searched to stay within the South Portland metropolitan area.
- Sarasota was the most popular destination among South Portland homebuyers followed by Bangor and Tucson.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,083 | ||
2 | 508 | ||
3 | 298 | ||
4 | 140 | ||
5 | 115 | ||
6 | 82 | ||
7 | 61 | ||
8 | 56 | ||
9 | 51 | ||
10 | 49 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 44 | ||
2 | 38 | ||
3 | 6 | ||
4 | 6 | ||
5 | 5 | ||
6 | 4 | ||
7 | 4 | ||
8 | 4 | ||
9 | 4 | ||
10 | 3 |
Home offer insights for South Portland
Recent offers
View houses in South Portland that sold recently
Recently sold homes
- $715,000 Last Sold Price4 beds2 baths2,361 sq ft51 Scott Rd, South Portland, ME 04106List Price$675,000Sale to List6% over listDays on Market25 days51 Scott Rd, South Portland, ME 04106
- $985,000 Last Sold Price4 beds3 baths3,209 sq ft13 Richards St, South Portland, ME 04106List Price$949,900Sale to List4% over listDays on Market51 days13 Richards St, South Portland, ME 04106
- $952,000 Last Sold Price4 beds2.5 baths2,158 sq ft52 Pine St, South Portland, ME 04106List Price$849,000Sale to List12% over listDays on Market30 days52 Pine St, South Portland, ME 04106
- $318,000 Last Sold Price3 beds1 bath864 sq ft118 Brigham St, South Portland, ME 04106List Price$349,000Sale to List9% under listDays on Market38 days118 Brigham St, South Portland, ME 04106
- $960,000 Last Sold Price3 beds3.5 baths3,144 sq ft990 Sawyer St, South Portland, ME 04106List Price$990,000Sale to List3% under listDays on Market97 days990 Sawyer St, South Portland, ME 04106
- $550,000 Last Sold Price3 beds1 bath1,269 sq ft34 Haskell Ave, South Portland, ME 04106List Price$495,000Sale to List11% over listDays on Market19 days34 Haskell Ave, South Portland, ME 04106
- $820,000 Last Sold Price3 beds1.5 baths1,344 sq ft267 Preble St, South Portland, ME 04106List Price$799,000Sale to List3% over listDays on Market50 days267 Preble St, South Portland, ME 04106
- $505,000 Last Sold Price3 beds1 bath1,140 sq ft220 Alfred St, South Portland, ME 04106List Price$505,000Sale to List0% over listDays on Market-4 days220 Alfred St, South Portland, ME 04106
See all recently sold homes in South Portland.
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Schools in South Portland
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Dora L Small Elementary School Public • K-5 | 261 Students | 3 reviews |
4/10 Frank I Brown Elementary School Public • K-5 | 280 Students | 8 reviews |
3/10 Dyer Elementary School Public • K-5 | 212 Students | 3 reviews |
2/10 Waldo T Skillin Elementary School Public • PreK-5 | 398 Students | 2 reviews |
2/10 James Otis Kaler Elementary School Public • PreK-5 | 259 Students | 7 reviews |
Climate's impact on South Portland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in South Portland.
Flood Factor - Moderate
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Moderate
Heat Factor
Transportation in South Portland
Walk Score®
Bike Score®
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