These are the 5 Most Competitive Real Estate Markets in Maine

Even though Maine’s real estate market has cooled off a bit lately—thanks to a little more inventory hitting the scene—home prices are still doing their thing: going up. According to Redfin, the median price for a home in the state is now $381,200, which is a 5.1% jump from last year. So yeah, still not exactly a bargain hunter’s paradise.

So where in Maine are folks scrambling the hardest to get a place? Redfin dropped a list of the Most Competitive Markets—and honestly, a few of these might not be the usual suspects.

#1 South Berwick
Quiet, rural and off the beaten path, but still not too far from civilization, Redfin says the median sale price in the town of South Berwick recently hit $545K—up a whopping 28.2% since last year. But interestingly, the price per square foot is actually down 4.1%, now at $290. So, big houses maybe?

#2 North Windham
North Windham is crushing it. Redfin reports a median sale price of $410K, and price per square foot is up 34.9% year over year, landing at $272. Know someone looking to sell in North Windham? They will likely do well.

#3 Cumberland Center
Redfin shows prices are down 22% compared to last year in Cumberland, now at a median of $585K. But homes are flying off the market in just 7 days, down from 13 days last year. That’s still a fast-moving market.

#4 Gorham

Things cooled off a bit in Gorham. According to Redfin, the median home price dipped 1.8% to $468K—but that didn’t seem to slow demand. It’s still one of the most sought-after towns to live in.

#5 Lewiston
Lewiston saw an 8.1% price increase year-over-year, hitting a $300K median, per Redfin. Sales dipped a bit though—21 homes sold in February, down from 26 the year before.

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So, what does it all mean? Basically, even in towns where prices are dipping, homes are still moving—and fast. Maine might not be the cheapest place to buy a house anymore, but it’s definitely still in demand.