Median price for residential in as of May, 2022.
Take into account that the price depends on the location and condition of the . The size and amenities might have a large influence on the asking price as well.
3 Portland, ME, USA apartments for sale: virtual tour
Housing Trends
How much does an apartment cost in Portland, ME, USA
Average sale in Portland: $628,232 (+7%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| Studio for sale | $905,347 | +72.8% |
| 1 bed for sale | $441,244 | -6% |
| 2 bed for sale | $495,538 | -16.1% |
| 3 bed for sale | $549,419 | +9.5% |
| 4+ bed for sale | $751,702 | -2.3% |
During May 2022, the average price for an apartment in/near Portland, ME increased by 7% to $628,232.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $441,244 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $495,538. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $549,419. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $751,702 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Houses for sale | $611,380 | +13.2% |
| Condos for sale | $522,640 | -18.7% |
| Duplexes for sale | $909,778 | +49.6% |
| Townhouses for sale | $874,975 | +54.2% |
| Apartments for sale | $876,607 | -13.1% |
| Lofts for sale | $624,500 | +2% |
| Land for sale | $392,777 | N/A |
| Other for sale | $1,000,000 | N/A |
While assessing the property pricing Portland, ME, you can note that it remains flat with a price tag of $876,607. According to statistics, average house is still $611,380 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $522,640. An average value of duplex is $909,778, thus a median price for a duplex remains the same this month. The price statistics of lofts have not significantly changed, it now still goes for $624,500. Value of the townhouses didn’t change, the price still starts at $874,975.