Cities With the Fastest-growing Home Prices in Maine

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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 $362,143 in August, 2.5% 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 August 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in Maine.

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#50. York

- Typical home value: $726,731
- 1-year price change: +$24,625 (+3.5%)
- 5-year price change: +$288,821 (+66.0%)
- Metro area: Portland-South Portland, ME

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#49. Belgrade

- Typical home value: $447,638
- 1-year price change: +$24,801 (+5.9%)
- 5-year price change: +$192,102 (+75.2%)
- Metro area: Augusta-Waterville, ME

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#48. Palermo

- Typical home value: $361,979
- 1-year price change: +$24,966 (+7.4%)
- 5-year price change: +$147,443 (+68.7%)
- Metro area: not in a metro area

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#47. Naples

- Typical home value: $437,440
- 1-year price change: +$24,988 (+6.1%)
- 5-year price change: +$179,974 (+69.9%)
- Metro area: Portland-South Portland, ME

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#46. Richmond

- Typical home value: $329,878
- 1-year price change: +$25,249 (+8.3%)
- 5-year price change: +$144,701 (+78.1%)
- Metro area: Portland-South Portland, ME

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#45. Pownal

- Typical home value: $584,953
- 1-year price change: +$25,278 (+4.5%)
- 5-year price change: +$205,152 (+54.0%)
- Metro area: Portland-South Portland, ME

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#44. Old Orchard Beach

- Typical home value: $487,732
- 1-year price change: +$25,292 (+5.5%)
- 5-year price change: +$197,637 (+68.1%)
- Metro area: Portland-South Portland, ME

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#43. Arundel

- Typical home value: $520,747
- 1-year price change: +$25,656 (+5.2%)
- 5-year price change: +$202,977 (+63.9%)
- Metro area: Portland-South Portland, ME

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#42. Springvale

- Typical home value: $336,040
- 1-year price change: +$25,792 (+8.3%)
- 5-year price change: +$153,788 (+84.4%)
- Metro area: Portland-South Portland, ME

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#41. Searsmont

- Typical home value: $353,665
- 1-year price change: +$25,823 (+7.9%)
- 5-year price change: +$162,048 (+84.6%)
- Metro area: not in a metro area

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#40. Topsham

- Typical home value: $450,457
- 1-year price change: +$25,936 (+6.1%)
- 5-year price change: +$191,806 (+74.2%)
- Metro area: Portland-South Portland, ME

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#39. Camden

- Typical home value: $665,953
- 1-year price change: +$26,074 (+4.1%)
- 5-year price change: +$304,607 (+84.3%)
- Metro area: not in a metro area

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#38. Bremen

- Typical home value: $511,159
- 1-year price change: +$26,183 (+5.4%)
- 5-year price change: +$215,212 (+72.7%)
- Metro area: not in a metro area

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#37. Greenwood

- Typical home value: $324,595
- 1-year price change: +$26,205 (+8.8%)
- 5-year price change: +$158,173 (+95.0%)
- Metro area: not in a metro area

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#36. Sanford

- Typical home value: $360,210
- 1-year price change: +$26,242 (+7.9%)
- 5-year price change: +$159,773 (+79.7%)
- Metro area: Portland-South Portland, ME

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#35. Sumner

- Typical home value: $245,415
- 1-year price change: +$26,294 (+12.0%)
- 5-year price change: +$116,567 (+90.5%)
- Metro area: not in a metro area

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#34. Biddeford

- Typical home value: $481,998
- 1-year price change: +$26,488 (+5.8%)
- 5-year price change: +$199,896 (+70.9%)
- Metro area: Portland-South Portland, ME

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#33. Rangeley

- Typical home value: $495,607
- 1-year price change: +$27,184 (+5.8%)
- 5-year price change: +$221,804 (+81.0%)
- Metro area: not in a metro area

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#32. Bar Harbor

- Typical home value: $665,574
- 1-year price change: +$27,767 (+4.4%)
- 5-year price change: +$284,226 (+74.5%)
- Metro area: not in a metro area

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#31. Durham

- Typical home value: $465,579
- 1-year price change: +$27,988 (+6.4%)
- 5-year price change: +$188,055 (+67.8%)
- Metro area: Lewiston-Auburn, ME

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#30. Bethel

- Typical home value: $450,508
- 1-year price change: +$28,259 (+6.7%)
- 5-year price change: +$222,833 (+97.9%)
- Metro area: not in a metro area

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#29. Bristol

- Typical home value: $567,242
- 1-year price change: +$28,964 (+5.4%)
- 5-year price change: +$217,774 (+62.3%)
- Metro area: not in a metro area

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#28. Woolwich

- Typical home value: $430,309
- 1-year price change: +$29,782 (+7.4%)
- 5-year price change: +$173,483 (+67.5%)
- Metro area: Portland-South Portland, ME

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#27. China Village

- Typical home value: $341,517
- 1-year price change: +$30,082 (+9.7%)
- 5-year price change: +$166,637 (+95.3%)
- Metro area: Augusta-Waterville, ME

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#26. Newry

- Typical home value: $502,002
- 1-year price change: +$30,574 (+6.5%)
- 5-year price change: +$270,673 (+117.0%)
- Metro area: not in a metro area

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#25. Lovell

- Typical home value: $541,788
- 1-year price change: +$30,686 (+6.0%)
- 5-year price change: +$234,667 (+76.4%)
- Metro area: not in a metro area

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#24. Stonington

- Typical home value: $508,186
- 1-year price change: +$30,814 (+6.5%)
- 5-year price change: +$215,731 (+73.8%)
- Metro area: not in a metro area

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#23. Portland

- Typical home value: $555,155
- 1-year price change: +$30,907 (+5.9%)
- 5-year price change: +$224,250 (+67.8%)
- Metro area: Portland-South Portland, ME

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#22. Sweden

- Typical home value: $403,749
- 1-year price change: +$31,220 (+8.4%)
- 5-year price change: +$185,410 (+84.9%)
- Metro area: not in a metro area

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#21. Union

- Typical home value: $392,421
- 1-year price change: +$31,501 (+8.7%)
- 5-year price change: +$183,869 (+88.2%)
- Metro area: not in a metro area

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#20. Sidney

- Typical home value: $417,904
- 1-year price change: +$31,789 (+8.2%)
- 5-year price change: +$179,489 (+75.3%)
- Metro area: Augusta-Waterville, ME

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#19. Scarborough

- Typical home value: $672,218
- 1-year price change: +$31,940 (+5.0%)
- 5-year price change: +$275,476 (+69.4%)
- Metro area: Portland-South Portland, ME

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#18. Surry

- Typical home value: $462,010
- 1-year price change: +$32,237 (+7.5%)
- 5-year price change: +$180,015 (+63.8%)
- Metro area: not in a metro area

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#17. Embden

- Typical home value: $347,076
- 1-year price change: +$32,974 (+10.5%)
- 5-year price change: +$164,288 (+89.9%)
- Metro area: not in a metro area

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#16. Denmark

- Typical home value: $464,474
- 1-year price change: +$33,400 (+7.7%)
- 5-year price change: +$209,034 (+81.8%)
- Metro area: not in a metro area

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#15. Gorham

- Typical home value: $529,237
- 1-year price change: +$37,175 (+7.6%)
- 5-year price change: +$220,687 (+71.5%)
- Metro area: Portland-South Portland, ME

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#14. Phippsburg

- Typical home value: $511,822
- 1-year price change: +$37,638 (+7.9%)
- 5-year price change: +$218,760 (+74.6%)
- Metro area: Portland-South Portland, ME

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#13. Fayette

- Typical home value: $384,463
- 1-year price change: +$39,172 (+11.3%)
- 5-year price change: +$182,200 (+90.1%)
- Metro area: Augusta-Waterville, ME

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#12. Boothbay Harbor

- Typical home value: $560,606
- 1-year price change: +$42,942 (+8.3%)
- 5-year price change: +$253,307 (+82.4%)
- Metro area: not in a metro area

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#11. Rockport

- Typical home value: $587,914
- 1-year price change: +$43,506 (+8.0%)
- 5-year price change: +$274,056 (+87.3%)
- Metro area: not in a metro area

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#10. Harpswell

- Typical home value: $730,223
- 1-year price change: +$45,485 (+6.6%)
- 5-year price change: +$306,173 (+72.2%)
- Metro area: Portland-South Portland, ME

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#9. Minot

- Typical home value: $394,938
- 1-year price change: +$46,329 (+13.3%)
- 5-year price change: +$158,264 (+66.9%)
- Metro area: Lewiston-Auburn, ME

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#8. Ocean Park

- Typical home value: $893,955
- 1-year price change: +$49,202 (+5.8%)
- 5-year price change: +$362,838 (+68.3%)
- Metro area: Portland-South Portland, ME

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#7. Mount Desert

- Typical home value: $936,669
- 1-year price change: +$56,832 (+6.5%)
- 5-year price change: +$409,319 (+77.6%)
- Metro area: not in a metro area

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#6. Ogunquit

- Typical home value: $905,837
- 1-year price change: +$60,803 (+7.2%)
- 5-year price change: +$402,325 (+79.9%)
- Metro area: Portland-South Portland, ME

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#5. Rome

- Typical home value: $535,128
- 1-year price change: +$61,435 (+13.0%)
- 5-year price change: +$235,449 (+78.6%)
- Metro area: Augusta-Waterville, ME

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#4. Falmouth

- Typical home value: $858,458
- 1-year price change: +$66,750 (+8.4%)
- 5-year price change: +$367,044 (+74.7%)
- Metro area: Portland-South Portland, ME

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#3. Kennebunkport

- Typical home value: $1,109,692
- 1-year price change: +$70,752 (+6.8%)
- 5-year price change: +$493,298 (+80.0%)
- Metro area: Portland-South Portland, ME

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#2. Georgetown

- Typical home value: $683,808
- 1-year price change: +$75,747 (+12.5%)
- 5-year price change: +$290,272 (+73.8%)
- Metro area: Portland-South Portland, ME