Comparing Cumberland County housing sales vs Knox County, the median sales price in Knox County for March 2026 was $421,000, vs $643,000 in Cumberland County. Looking to make a move? Call us to speak with a seasoned Agent to discuss the local housing market.
Cates Real Estate | 207-701-5600 | info@catesre.com
Summary of charts showing median sales prices for Maine SFR and condo sales for 2025 as follows as of January 2, 2026::
*Based on stats from Maine Real Estate Info Systems, inc., dba, Maine Listings
.png)
The Maine housing market demonstrated a notable increase in sales activity from September 2024 to September 2025, with home sales rising by 5.12%. This positive momentum in transaction volume comes amid a slight moderation in the median sales price (MSP), which decreased by 1.35% during the same period, settling at $402,500.
This local trend in Maine contrasts somewhat with national and regional data, as the National Association of Realtors (NAR) reported an upward trajectory in existing home sales and prices across both the nation and the Northeast for the identical September 2024 to September 2025 timeframe. While Maine's sales growth aligns with the broader positive sentiment, its slight dip in median price presents a unique dynamic within the larger market context.
The 5.12% increase in home sales in Maine indicates a robust demand and continued interest from buyers in the state's diverse housing offerings. This could be attributed to a variety of factors, including the state's quality of life, economic stability, and evolving demographics. The willingness of buyers to engage in transactions suggests a degree of confidence in the long-term value of homeownership in Maine, even as affordability remains a key consideration for many.
Conversely, the 1.35% decrease in the median sales price, while modest, warrants careful observation. This slight adjustment could indicate a market recalibration, driven by increased inventory, shifts in the types of homes sold, or prevailing interest rate conditions that may be influencing buyer purchasing power. It could also suggest that, while demand remains strong, sellers are adjusting their expectations to align with market realities. This position Maine as a more balanced market, offering increased transaction opportunities without the rapid price escalation seen in some other regions.
Showings start Thursday, March 13, 2025. FMI contact Cates Real Estate at 207-701-5600 or info@catesre.com or www.catesre.com.
#blackcatmountain #blackcat #mainerealtor #mainehomes #mainelife #hikemaine #outdoorlife
Evaluating single-family residential sales in the State of Maine from January 1, 2024, through December 31, 2024, most buyers came from within the State of Maine, with 69.27% of all purchases, equating to 9,897 homes sold last year. Ranking second are out-of-state buyers from Massachusetts, 8.71%; New Hampshire, 4.11%; Florida, 2.21%; and New York, 1.41%.
Thinking about "right-sizing" as your current situation is not working for you, or perhaps it's time to move closer to your loved ones, call us today at 207-701-5600 or email us at info@catesre.com.
Based on information gathered from Maine Real Estate Information System, Inc., the median sales price of a single-family home in Maine for Q4 2023 was $395,000, up 9.34% from last year. The number of units sold also went up 7.7% from Q4 2024 vs 2023.
If you are thinking about moving and unsure where to begin, call us today at 207-701-5600 or email us at info@catesre.com.
In 2023, most buyers who purchased a single family residential dwelling came from within the State of Maine. This accounts for 67.87% of homes transferred to fellow Mainers who were downsizing, upsizing, and rightsizing. This compares to Q4 statistics that showed 68.8% of purchases were Mainers.
FMI contact a lifestyle expert at Cates Real Estate | 207-701-5600 | info@catesre.com | www.catesre.com
