South Portland, ME Housing Market

$499,835

1.3% 1-yr

The average South Portland, ME home value is $499,835, down 1.3% over the past year and goes to pending in around 9 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: $499,835

1-year Value Change: -1.3%

(Data through October 31, 2025)

South Portland Housing Market Overview

--1-year Market Forecast

65For sale inventory(October 31, 2025)

32New listings(October 31, 2025)

1.004Median sale to list ratio(September 30, 2025)

$523,000Median sale price(September 30, 2025)

$521,333Median list price(October 31, 2025)

54.8%Percent of sales over list price(September 30, 2025)

32.3%Percent of sales under list price(September 30, 2025)

9Median days to pending(October 31, 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$496,913
West End$598,362
Libbytown$490,908
Parkside$406,071
Downtown$656,759
Oakdale$623,489
Rosemont$597,216
Stroudwater$758,572
West Bayside$504,661

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South Portland Rental Market Trends

$2,277Average rent in South Portland(October 31, 2025)

$1,949National average rent(October 31, 2025)

0.1%Month-over-month change(October 31, 2025)

4.7%Year-over-year change(October 31, 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.