Maine’s home sales and home prices held steady during May, according to new data from the Maine Association of Realtors (MAR).
A total of 1,206 single-family existing homes were sold in Maine last month, with a median sold price of $425,000. Both figures were unchanged from May 2025.
“As expected, we’re seeing a spring surge of homes for sale across Maine,” said Judy Oberg, the MAR’s 2026 president and associate broker at Oberg Insurance & Real Estate Agency in Bridgton. “For sale inventory in May jumped 26% from April, with more than 1,000 additional homes listed and available, approaching 5,000 on the market. Increased for-sale inventory brings better balance to the market for buyers, and 30-year mortgage interest rates are lower than they were a year ago.”
In comparison, sales of single-family existing homes in the Northeast declined 8% in May while the regional median sold price rose 4.2% to $534,900.
“Because real estate markets vary by location and property type, sellers should begin discussions early with their realtor to assist with getting your home move in ready and properly priced,” Oberg added.
0 Comments