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 $360,385 in October, 2.4% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.
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 October 2024. 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.
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#30. Bristol
– Typical home value: $559,713
– 1-year price change: +5.4%
– 5-year price change: +63.1%
– Metro area: not in a metro area
#29. Boothbay
– Typical home value: $572,451
– 1-year price change: +3.5%
– 5-year price change: +75.9%
– Metro area: not in a metro area
#28. Pownal
– Typical home value: $574,181
– 1-year price change: +3.2%
– 5-year price change: +54.3%
– Metro area: Portland-South Portland, ME
#27. Rockport
– Typical home value: $576,321
– 1-year price change: +7.5%
– 5-year price change: +87.3%
– Metro area: not in a metro area
#26. Eliot
– Typical home value: $577,275
– 1-year price change: +1.1%
– 5-year price change: +56.1%
– Metro area: Portland-South Portland, ME
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#25. Carrabassett Valley
– Typical home value: $590,484
– 1-year price change: +5.5%
– 5-year price change: +76.5%
– Metro area: not in a metro area
#24. Kennebunk
– Typical home value: $596,583
– 1-year price change: +3.3%
– 5-year price change: +70.2%
– Metro area: Portland-South Portland, ME
#23. Southwest Harbor
– Typical home value: $596,633
– 1-year price change: +2.4%
– 5-year price change: +65.6%
– Metro area: not in a metro area
#22. Long Island
– Typical home value: $604,116
– 1-year price change: +0.2%
– 5-year price change: data not available
– Metro area: Portland-South Portland, ME
#21. Kittery
– Typical home value: $630,590
– 1-year price change: +3.0%
– 5-year price change: +65.8%
– Metro area: Portland-South Portland, ME
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#20. Westport
– Typical home value: $633,510
– 1-year price change: +4.3%
– 5-year price change: +71.9%
– Metro area: not in a metro area
#19. Freeport
– Typical home value: $634,638
– 1-year price change: +3.3%
– 5-year price change: +71.0%
– Metro area: Portland-South Portland, ME
#18. Chebeague Island
– Typical home value: $638,730
– 1-year price change: +3.2%
– 5-year price change: data not available
– Metro area: Portland-South Portland, ME
#17. North Yarmouth
– Typical home value: $641,308
– 1-year price change: +1.5%
– 5-year price change: +65.1%
– Metro area: Portland-South Portland, ME
#16. Bar Harbor
– Typical home value: $654,823
– 1-year price change: +3.9%
– 5-year price change: +73.6%
– Metro area: not in a metro area
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#15. Camden
– Typical home value: $662,751
– 1-year price change: +4.6%
– 5-year price change: +84.3%
– Metro area: not in a metro area
#14. Scarborough
– Typical home value: $663,923
– 1-year price change: +3.3%
– 5-year price change: +69.0%
– Metro area: Portland-South Portland, ME
#13. Georgetown
– Typical home value: $676,747
– 1-year price change: +9.5%
– 5-year price change: +75.3%
– Metro area: Portland-South Portland, ME
#12. Cumberland
– Typical home value: $700,267
– 1-year price change: +2.6%
– 5-year price change: +68.6%
– Metro area: Portland-South Portland, ME
#11. Harpswell
– Typical home value: $713,603
– 1-year price change: +4.4%
– 5-year price change: +72.2%
– Metro area: Portland-South Portland, ME
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#10. York
– Typical home value: $721,193
– 1-year price change: +2.4%
– 5-year price change: +65.0%
– Metro area: Portland-South Portland, ME
#9. Yarmouth
– Typical home value: $733,949
– 1-year price change: +2.0%
– 5-year price change: +68.4%
– Metro area: Portland-South Portland, ME
#8. Cape Elizabeth
– Typical home value: $811,146
– 1-year price change: -0.7%
– 5-year price change: +50.3%
– Metro area: Portland-South Portland, ME
#7. South Bristol
– Typical home value: $822,290
– 1-year price change: +3.4%
– 5-year price change: +40.8%
– Metro area: not in a metro area
#6. Falmouth
– Typical home value: $842,095
– 1-year price change: +6.8%
– 5-year price change: +75.0%
– Metro area: Portland-South Portland, ME
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#5. Ocean Park
– Typical home value: $885,273
– 1-year price change: +5.2%
– 5-year price change: +68.2%
– Metro area: Portland-South Portland, ME
#4. Southport
– Typical home value: $888,553
– 1-year price change: +9.9%
– 5-year price change: data not available
– Metro area: not in a metro area
#3. Ogunquit
– Typical home value: $915,390
– 1-year price change: +5.4%
– 5-year price change: +78.7%
– Metro area: Portland-South Portland, ME
#2. Mount Desert
– Typical home value: $929,263
– 1-year price change: +6.5%
– 5-year price change: +78.1%
– Metro area: not in a metro area
#1. Kennebunkport
– Typical home value: $1,116,398
– 1-year price change: +6.3%
– 5-year price change: +82.1%
– Metro area: Portland-South Portland, ME
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By Stacker
