V O L . X X V I I N O. X V I
20
Fact Book / Doing Business in Maine
Q UA L I T Y O F L I F E
S O U R C E : Sales prices are from Zillow.com. This is representative and prices are subject to change.
M
aine's median home price hit $276,000 in the spring,
and continued to rise. Here's a snapshot of what was
available at that price in six different areas of Maine.
Spoiler alert: nearly every property was under agreement within a
week of the listing. Average listing times dropped from two weeks
to under a week. There already was a lack of inventory combined
with demand, but out-of-state buyers now make up a greater share
of home buyers. Here's what you can get for close to $276,000
in different parts of the state. Please note, the homes listed are
likely already taken.
WHAT YOU GET FOR
I N
$276,000
Maine
Across Maine,
houses options at
the median home
price are fleeting
B y M a u r e e n M i l l i k e n
S O U R C E : Maine Real Estate Information System Inc.
MAINE'S MEDIAN HOME PRICE OVER A DECADE AND A HALF
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
$280K
$260K
$240K
$220K
$200K
$180K
$160K
$140K
$120K
$100K
$80K
$60K
$40K
$20K
$0
$180K $164K $169K $165K $170K $175K $175K $181K $189K $200K $215K $225K $256K $276K
