Maine Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-03-03

Is Now a Good Time to Buy in Maine?

The Maine housing market is showing balanced conditions.

home values have grown a moderate 0.3% year-over-year. there are currently 421 homes on the market.

Median Home Value

$396,211

Zillow Home Value Index

Year-over-Year

+0.3%

Home value change

5-Year Change

+43.6%

Since 2021

Median Rent

$1,569/mo

Zillow Observed Rent Index

Active Listings

421

Homes for sale

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Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Maine vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Maine: $1,569/mo (+3.6% YoY)

Rent vs. Buy Analysis

With a median home value of $396,211 and average rent of $1,569/mo, the price-to-rent ratio in Maine is 21.0. A ratio above 21 suggests renting may be more cost-effective.

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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.

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