Just 691 homes were bought and sold last month, while the median price was $395,000, a slight increase over last year.
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The median home price in Maine increased by 3.9% to $405,000 in 2025, the Maine Association of Realtors reported.
Maine’s housing market off to a slow start in January
Home prices were up but sales were down, a familiar pattern after a tumultuous 2025.
Maine home prices shoot back up after months of decreases
Maine homebuyers paid a median of $426,000 last month, a new record.
Maine home sales rise for 6th consecutive month, despite national decline
The median home price in Maine is about $15,000 below record highs set in May and June, but still remains above the median cost at this point last year.
Maine’s real estate market bucked trend of Northeast decline
More and more homes are hitting the market in Maine, but inventory still remains well below what experts consider a balanced level.
Maine home prices set a new record in May
Maine homebuyers paid a median of $425,000 in May, just two months after the state recorded the first price decrease in 6 years.
Maine home sales fell, prices rose in April as market heats up for summer
The median home sale price was back up to $400,000 last month after a slight decrease in March.
Maine home prices finally fell last month, but don’t celebrate yet
The last year-over-year sales decrease was in March 2019, when the median sale price was $200,000.
Maine home sales, prices, inventory all up in February
Real estate experts say increased inventory points toward a positive spring market.