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PublishedMarch 31, 2025
Augusta needs to do more to help homeless residents, task force says
The group urges city officials to help create a year-round homeless shelter and hire a worker to coordinate housing services.
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PublishedJanuary 24, 2025
Maine home prices hit a new high in 2024. Don’t expect them to come down.
The median price for a Maine home reached a record $390,200 in 2024, but the year also saw sales increasing after years of declines.
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PublishedNovember 21, 2024
3 Maine counties now have median home price over $500,000
The state’s ongoing inventory shortage, coupled with the high demand for single-family homes, has led to a record-breaking year for home prices in Maine.
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PublishedAugust 22, 2024
Price of typical Maine home hovering around $400,000, but more are hitting the market
The median home sale price in Maine last month was $399,250 – a 5% increase over July 2023, but a slight dip from the record high of $406,000 reported this June.
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PublishedSeptember 21, 2023
Average long-term U.S. mortgage rate up to 7.19%
It is another setback for would-be homebuyers navigating an increasingly less affordable housing market.
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PublishedJuly 29, 2023
Real estate market seeing some changes, but inventory remains key to easing
June figures from the Maine Association of Realtors show more homes are on the market, while home prices remain high.
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PublishedFebruary 22, 2023
Lack of inventory slowed Maine home sales in January
The most recent monthly data show the number of sales fell by double digits compared to a year ago, while prices rose modestly.
Home Prices
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