Cities with the fastest-growing home prices in Maine

Written by:
November 21, 2024
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Cities with the fastest-growing home prices in Maine

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Maine using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending October 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Maine.

1 / 50
Stacker

#50. Orland

- Typical home value: $309,377
- 1-year price change: +$21,638 (+7.5%)
- 5-year price change: +$141,016 (+83.8%)
- Metro area: not in a metro area

2 / 50
Stacker

#49. Topsham

- Typical home value: $444,119
- 1-year price change: +$22,060 (+5.2%)
- 5-year price change: +$189,287 (+74.3%)
- Metro area: Portland-South Portland, ME

3 / 50
Stacker

#48. Portland

- Typical home value: $544,933
- 1-year price change: +$22,091 (+4.2%)
- 5-year price change: +$219,931 (+67.7%)
- Metro area: Portland-South Portland, ME

4 / 50
Stacker

#47. Tremont

- Typical home value: $542,086
- 1-year price change: +$22,377 (+4.3%)
- 5-year price change: +$194,323 (+55.9%)
- Metro area: not in a metro area

5 / 50
Stacker

#46. Springvale

- Typical home value: $331,696
- 1-year price change: +$22,380 (+7.2%)
- 5-year price change: +$151,709 (+84.3%)
- Metro area: Portland-South Portland, ME

6 / 50
Stacker

#45. Islesboro

- Typical home value: $495,036
- 1-year price change: +$22,638 (+4.8%)
- 5-year price change: +$196,278 (+65.7%)
- Metro area: not in a metro area

7 / 50
Stacker

#44. Sanford

- Typical home value: $355,347
- 1-year price change: +$22,823 (+6.9%)
- 5-year price change: +$157,194 (+79.3%)
- Metro area: Portland-South Portland, ME

8 / 50
Stacker

#43. Waldoboro

- Typical home value: $331,550
- 1-year price change: +$22,838 (+7.4%)
- 5-year price change: +$146,687 (+79.3%)
- Metro area: not in a metro area

9 / 50
Stacker

#42. Biddeford

- Typical home value: $476,178
- 1-year price change: +$22,873 (+5.0%)
- 5-year price change: +$198,053 (+71.2%)
- Metro area: Portland-South Portland, ME

10 / 50
Stacker

#41. Norway

- Typical home value: $331,466
- 1-year price change: +$23,228 (+7.5%)
- 5-year price change: +$150,738 (+83.4%)
- Metro area: not in a metro area

11 / 50
Stacker

#40. Deer Isle

- Typical home value: $453,715
- 1-year price change: +$23,250 (+5.4%)
- 5-year price change: +$219,760 (+93.9%)
- Metro area: not in a metro area

12 / 50
Stacker

#39. Durham

- Typical home value: $459,128
- 1-year price change: +$23,696 (+5.4%)
- 5-year price change: +$182,776 (+66.1%)
- Metro area: Lewiston-Auburn, ME

13 / 50
Stacker

#38. Sumner

- Typical home value: $234,662
- 1-year price change: +$23,768 (+11.3%)
- 5-year price change: +$111,496 (+90.5%)
- Metro area: not in a metro area

14 / 50
Stacker

#37. China Village

- Typical home value: $333,355
- 1-year price change: +$24,259 (+7.8%)
- 5-year price change: +$161,600 (+94.1%)
- Metro area: Augusta-Waterville, ME

15 / 50
Stacker

#36. Sidney

- Typical home value: $417,133
- 1-year price change: +$24,455 (+6.2%)
- 5-year price change: +$175,505 (+72.6%)
- Metro area: Augusta-Waterville, ME

16 / 50
Stacker

#35. Sweden

- Typical home value: $392,517
- 1-year price change: +$24,512 (+6.7%)
- 5-year price change: +$176,353 (+81.6%)
- Metro area: not in a metro area

17 / 50
Stacker

#34. Bar Harbor

- Typical home value: $654,823
- 1-year price change: +$24,512 (+3.9%)
- 5-year price change: +$277,614 (+73.6%)
- Metro area: not in a metro area

18 / 50
Stacker

#33. Woolwich

- Typical home value: $437,121
- 1-year price change: +$25,105 (+6.1%)
- 5-year price change: +$176,654 (+67.8%)
- Metro area: Portland-South Portland, ME

19 / 50
Stacker

#32. Bremen

- Typical home value: $488,342
- 1-year price change: +$25,905 (+5.6%)
- 5-year price change: +$202,207 (+70.7%)
- Metro area: not in a metro area

20 / 50
Stacker

#31. Westport

- Typical home value: $633,510
- 1-year price change: +$26,089 (+4.3%)
- 5-year price change: +$265,065 (+71.9%)
- Metro area: not in a metro area

21 / 50
Stacker

#30. Searsmont

- Typical home value: $343,559
- 1-year price change: +$26,523 (+8.4%)
- 5-year price change: +$157,299 (+84.5%)
- Metro area: not in a metro area

22 / 50
Stacker

#29. South Bristol

- Typical home value: $822,290
- 1-year price change: +$26,819 (+3.4%)
- 5-year price change: +$238,353 (+40.8%)
- Metro area: not in a metro area

23 / 50
Stacker

#28. Bethel

- Typical home value: $442,741
- 1-year price change: +$27,173 (+6.5%)
- 5-year price change: +$218,868 (+97.8%)
- Metro area: not in a metro area

24 / 50
Stacker

#27. Phippsburg

- Typical home value: $508,069
- 1-year price change: +$27,765 (+5.8%)
- 5-year price change: +$218,119 (+75.2%)
- Metro area: Portland-South Portland, ME

25 / 50
Stacker

#26. Bristol

- Typical home value: $559,713
- 1-year price change: +$28,660 (+5.4%)
- 5-year price change: +$216,437 (+63.1%)
- Metro area: not in a metro area

26 / 50
Stacker

#25. Newry

- Typical home value: $509,271
- 1-year price change: +$28,729 (+6.0%)
- 5-year price change: +$275,712 (+118.0%)
- Metro area: not in a metro area

27 / 50
Stacker

#24. Camden

- Typical home value: $662,751
- 1-year price change: +$28,894 (+4.6%)
- 5-year price change: +$303,106 (+84.3%)
- Metro area: not in a metro area

28 / 50
Stacker

#23. Embden

- Typical home value: $336,518
- 1-year price change: +$29,625 (+9.7%)
- 5-year price change: +$157,916 (+88.4%)
- Metro area: not in a metro area

29 / 50
Stacker

#22. Gorham

- Typical home value: $518,716
- 1-year price change: +$29,903 (+6.1%)
- 5-year price change: +$214,231 (+70.4%)
- Metro area: Portland-South Portland, ME

30 / 50
Stacker

#21. Palermo

- Typical home value: $361,780
- 1-year price change: +$30,088 (+9.1%)
- 5-year price change: +$147,657 (+69.0%)
- Metro area: not in a metro area

31 / 50
Stacker

#20. Harpswell

- Typical home value: $713,603
- 1-year price change: +$30,227 (+4.4%)
- 5-year price change: +$299,274 (+72.2%)
- Metro area: Portland-South Portland, ME

32 / 50
Stacker

#19. Carrabassett Valley

- Typical home value: $590,484
- 1-year price change: +$30,705 (+5.5%)
- 5-year price change: +$255,926 (+76.5%)
- Metro area: not in a metro area

33 / 50
Stacker

#18. Union

- Typical home value: $390,499
- 1-year price change: +$31,399 (+8.7%)
- 5-year price change: +$182,504 (+87.7%)
- Metro area: not in a metro area

34 / 50
Stacker

#17. Fayette

- Typical home value: $379,929
- 1-year price change: +$32,523 (+9.4%)
- 5-year price change: +$180,969 (+91.0%)
- Metro area: Augusta-Waterville, ME

35 / 50
Stacker

#16. Rangeley

- Typical home value: $483,467
- 1-year price change: +$32,716 (+7.3%)
- 5-year price change: +$217,697 (+81.9%)
- Metro area: not in a metro area

36 / 50
Stacker

#15. Surry

- Typical home value: $461,769
- 1-year price change: +$33,143 (+7.7%)
- 5-year price change: +$182,577 (+65.4%)
- Metro area: not in a metro area

37 / 50
Stacker

#14. Denmark

- Typical home value: $461,745
- 1-year price change: +$34,508 (+8.1%)
- 5-year price change: +$208,249 (+82.2%)
- Metro area: not in a metro area

38 / 50
Stacker

#13. Stonington

- Typical home value: $506,895
- 1-year price change: +$34,681 (+7.3%)
- 5-year price change: +$213,540 (+72.8%)
- Metro area: not in a metro area

39 / 50
Stacker

#12. Lovell

- Typical home value: $534,204
- 1-year price change: +$35,519 (+7.1%)
- 5-year price change: +$232,076 (+76.8%)
- Metro area: not in a metro area

40 / 50
Stacker

#11. Minot

- Typical home value: $385,058
- 1-year price change: +$39,409 (+11.4%)
- 5-year price change: +$152,324 (+65.4%)
- Metro area: Lewiston-Auburn, ME

41 / 50
Stacker

#10. Rockport

- Typical home value: $576,321
- 1-year price change: +$40,143 (+7.5%)
- 5-year price change: +$268,651 (+87.3%)
- Metro area: not in a metro area

42 / 50
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#9. Ocean Park

- Typical home value: $885,273
- 1-year price change: +$43,842 (+5.2%)
- 5-year price change: +$359,065 (+68.2%)
- Metro area: Portland-South Portland, ME

43 / 50
Stacker

#8. Boothbay Harbor

- Typical home value: $549,627
- 1-year price change: +$45,850 (+9.1%)
- 5-year price change: +$247,050 (+81.6%)
- Metro area: not in a metro area

44 / 50
Stacker

#7. Ogunquit

- Typical home value: $915,390
- 1-year price change: +$46,582 (+5.4%)
- 5-year price change: +$403,128 (+78.7%)
- Metro area: Portland-South Portland, ME

45 / 50
Stacker

#6. Falmouth

- Typical home value: $842,095
- 1-year price change: +$53,896 (+6.8%)
- 5-year price change: +$360,772 (+75.0%)
- Metro area: Portland-South Portland, ME

46 / 50
Stacker

#5. Rome

- Typical home value: $519,173
- 1-year price change: +$54,011 (+11.6%)
- 5-year price change: +$228,696 (+78.7%)
- Metro area: Augusta-Waterville, ME

47 / 50
Stacker

#4. Mount Desert

- Typical home value: $929,263
- 1-year price change: +$57,016 (+6.5%)
- 5-year price change: +$407,598 (+78.1%)
- Metro area: not in a metro area

48 / 50
Stacker

#3. Georgetown

- Typical home value: $676,747
- 1-year price change: +$58,484 (+9.5%)
- 5-year price change: +$290,763 (+75.3%)
- Metro area: Portland-South Portland, ME

49 / 50
Stacker

#2. Kennebunkport

- Typical home value: $1,116,398
- 1-year price change: +$65,772 (+6.3%)
- 5-year price change: +$503,223 (+82.1%)
- Metro area: Portland-South Portland, ME

50 / 50
Stacker

#1. Southport

- Typical home value: $888,553
- 1-year price change: +$80,029 (+9.9%)
- 5-year price change: data not available
- Metro area: not in a metro area

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