South Portland, ME Housing Market

$521,989

0.5% 1-yr

The average South Portland, ME home value is $521,989, down 0.5% over the past year and goes to pending in around 7 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

South Portland Key Takeaways

Typical Home Values: $521,989

1-year Value Change: -0.5%

(Data through June 30, 2025)

South Portland Housing Market Overview

--1-year Market Forecast

52For sale inventory(June 30, 2025)

31New listings(June 30, 2025)

--Median sale to list ratio

$539,067Median sale price(May 31, 2025)

$535,167Median list price(June 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

7Median days to pending(June 30, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in South Portland

NameMedian ZHVI
Valley Street$532,103
West End$617,289
Libbytown$517,495
Parkside$417,807
Downtown$668,995
Oakdale$646,212
Rosemont$630,931
Stroudwater$787,629
West Bayside$511,020

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South Portland Rental Market Trends

$2,459Average rent in South Portland(June 30, 2025)

$2,069National average rent(June 30, 2025)

1.5%Month-over-month change(June 30, 2025)

7.5%Year-over-year change(June 30, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.