News

Maine Home Sales Up Double Digits Over Year Ago

Maine Home Sales Up Double Digits Over Year Ago

Photo: 560 WGAN Newsradio


New numbers show Maine’s housing market continues to be strong, with home sales up by double-digits over a year ago.

The State Realtors Association reports 853 properties changed hands in January of 2025, an increase of more than 13 percent over January of 2024.

The median sales price for a home in Maine is now more than $385,000, which is a 9.07 percent jump over a year ago.

The most expensive homes continue to be in Cumberland and York counties, both of which have a median price of over $500,000.

The National Association of Realtors reported a 2.2 percent rise in national
sales in January, while the median sales price for January increased 5.0 percent to
$402,000. Regionally, sales in the northeast increased 4.2 percent, and the
regional median sales price was $475,400—up 9.5 percent, comparing January 2025 to January 2024.

“Strong January numbers show continued, solid buyer interest statewide,”
says Jeff Harris, 2025 President of the Maine Association of REALTORS®
and Broker affiliated with Harris Real Estate in Farmington. “The 853
January sales are the 7th best in 26 years.

“We are encouraged that the for-sale inventory is 16 percent higher than a
year ago, and buyer demand remains high.”

A county by county breakdown is below:

(Maine Realtors Association)

 

Latest Headlines

2 hours ago in Local

Rick Bennett turns in signatures to qualify for Maine governor’s race

State Sen. Rick Bennett is the first Independent to turn in petition signatures to appear on the primary ballot for governor.

2 hours ago in Local

Court documents reveal details in case of Winslow man accused of shooting at CMP substations

A federal court has now charged a man accused of shooting three Central Maine Power substations in February.

8 hours ago in Entertainment, Trending

Paul McCartney helps Stephen Colbert say goodbye to ‘The Late Show’ in ambitious final show

Stephen Colbert chatted with Paul McCartney and joined him on stage for a raucous performance of "Hello, Goodbye" on the final broadcast of CBS' "The Late Show" on Thursday night, a bittersweet farewell for a canceled show that still had a few barbs left for the network that ended its 33-year run.

8 hours ago in Sports, Trending

2-time NASCAR champ Kyle Busch dies at 41 after being hospitalized with a ‘severe illness’

Kyle Busch, a two-time Cup Series champion who won more races than anyone across NASCAR's three national series, has died. He was 41. The Busch Family, Richard Childress Racing and NASCAR issued a joint statement Thursday saying Busch died after being hospitalized. No cause of death was given.

22 hours ago in Local

‘Labor Intensive’ Investigation Continues at Searsmont Mill Fire-Explosion Site

Investigators say they have now sifted through hundreds of cubic yards of sawdust and debris.