Cities with the most expensive homes in Maine

Written by:
January 26, 2024
Arina P Habich // Shutterstock

Cities with the most expensive homes in Maine

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $344,000 in December, 3.6% lower than the year before, but in line with seasonal trends.

High mortgage rates are also making monthly payments more expensive; as of Jan. 25, the 30-year fixed mortgage rate sits at 6.69%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in Maine using data from Zillow. Cities are ranked by the Zillow Home Values Index for all homes as of December 2023. The charts in this story were created automatically using Matplotlib.

All 30 cities on the list are in the Portland-South Portland, ME metro area.

1 / 30
Stacker

#30. Portland

- Typical home value: $523,919
- 1-year price change: +9.5%
- 5-year price change: +65.7%
- Metro area: Portland-South Portland, ME

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Stacker

#29. Pownal

- Typical home value: $532,698
- 1-year price change: +4.9%
- 5-year price change: data not available
- Metro area: Portland-South Portland, ME

3 / 30
Stacker

#28. Rockport

- Typical home value: $542,199
- 1-year price change: +6.3%
- 5-year price change: +78.3%
- Metro area: not in a metro area

4 / 30
Stacker

#27. Carrabassett Valley

- Typical home value: $543,463
- 1-year price change: -4.9%
- 5-year price change: +69.0%
- Metro area: not in a metro area

5 / 30
Stacker

#26. Boothbay

- Typical home value: $544,781
- 1-year price change: +5.9%
- 5-year price change: +86.1%
- Metro area: not in a metro area

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Stacker

#25. Eliot

- Typical home value: $555,794
- 1-year price change: +6.2%
- 5-year price change: +59.5%
- Metro area: Portland-South Portland, ME

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Stacker

#24. Kennebunk

- Typical home value: $574,417
- 1-year price change: +7.3%
- 5-year price change: +68.6%
- Metro area: Portland-South Portland, ME

8 / 30
Stacker

#23. Southwest Harbor

- Typical home value: $575,367
- 1-year price change: +3.5%
- 5-year price change: +66.9%
- Metro area: not in a metro area

9 / 30
Stacker

#22. Westport

- Typical home value: $577,655
- 1-year price change: +5.4%
- 5-year price change: +74.4%
- Metro area: not in a metro area

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Stacker

#21. Long Island

- Typical home value: $578,575
- 1-year price change: +4.6%
- 5-year price change: data not available
- Metro area: Portland-South Portland, ME

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Stacker

#20. Kittery

- Typical home value: $608,188
- 1-year price change: +6.7%
- 5-year price change: +63.5%
- Metro area: Portland-South Portland, ME

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Stacker

#19. Freeport

- Typical home value: $608,583
- 1-year price change: +7.7%
- 5-year price change: +70.4%
- Metro area: Portland-South Portland, ME

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Stacker

#18. Georgetown

- Typical home value: $617,009
- 1-year price change: +11.2%
- 5-year price change: +63.6%
- Metro area: Portland-South Portland, ME

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Stacker

#17. Chebeague Island

- Typical home value: $617,233
- 1-year price change: +3.5%
- 5-year price change: data not available
- Metro area: Portland-South Portland, ME

15 / 30
Stacker

#16. North Yarmouth

- Typical home value: $621,737
- 1-year price change: +7.7%
- 5-year price change: +70.8%
- Metro area: Portland-South Portland, ME

16 / 30
Stacker

#15. Camden

- Typical home value: $628,582
- 1-year price change: +6.5%
- 5-year price change: +78.5%
- Metro area: not in a metro area

17 / 30
Stacker

#14. Bar Harbor

- Typical home value: $638,729
- 1-year price change: +7.7%
- 5-year price change: +75.0%
- Metro area: not in a metro area

18 / 30
Stacker

#13. Scarborough

- Typical home value: $645,572
- 1-year price change: +8.9%
- 5-year price change: +67.6%
- Metro area: Portland-South Portland, ME

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Stacker

#12. Cumberland

- Typical home value: $676,999
- 1-year price change: +9.2%
- 5-year price change: +70.6%
- Metro area: Portland-South Portland, ME

20 / 30
Stacker

#11. Harpswell

- Typical home value: $681,149
- 1-year price change: +8.3%
- 5-year price change: +71.4%
- Metro area: Portland-South Portland, ME

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Stacker

#10. York

- Typical home value: $691,106
- 1-year price change: +5.8%
- 5-year price change: +64.2%
- Metro area: Portland-South Portland, ME

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Stacker

#9. South Bristol

- Typical home value: $706,510
- 1-year price change: -0.1%
- 5-year price change: +43.1%
- Metro area: not in a metro area

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Stacker

#8. Yarmouth

- Typical home value: $706,768
- 1-year price change: +8.5%
- 5-year price change: +72.4%
- Metro area: Portland-South Portland, ME

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Stacker

#7. Cape Elizabeth

- Typical home value: $778,045
- 1-year price change: -0.1%
- 5-year price change: +49.9%
- Metro area: Portland-South Portland, ME

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Stacker

#6. Southport

- Typical home value: $795,955
- 1-year price change: +8.1%
- 5-year price change: data not available
- Metro area: not in a metro area

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Stacker

#5. Falmouth

- Typical home value: $812,208
- 1-year price change: +9.7%
- 5-year price change: +72.3%
- Metro area: Portland-South Portland, ME

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Stacker

#4. Ocean Park

- Typical home value: $837,247
- 1-year price change: +9.6%
- 5-year price change: +73.0%
- Metro area: Portland-South Portland, ME

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Stacker

#3. Ogunquit

- Typical home value: $862,558
- 1-year price change: +10.1%
- 5-year price change: +76.3%
- Metro area: Portland-South Portland, ME

29 / 30
Stacker

#2. Mount Desert

- Typical home value: $873,703
- 1-year price change: +6.5%
- 5-year price change: +73.1%
- Metro area: not in a metro area

30 / 30
Stacker

#1. Kennebunkport

- Typical home value: $1,061,519
- 1-year price change: +6.2%
- 5-year price change: +73.7%
- Metro area: Portland-South Portland, ME

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 50 states.

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