Is now a good time to buy a home in Maine?
The typical home value in Maine is $415K as of Aug 2026 (Zillow Home Value Index), up 1.7% from a year earlier. Over five years prices have compounded at +4.7% a year. Prices are 13.2% below their 10-year trend line.
Maine price trend & forecast
Cities in Maine ranked by buy-timing score
| City | Typical value | 1Y change | 5Y CAGR | 12M outlook | Signal | Buy-timing |
|---|---|---|---|---|---|---|
| Brunswick | $500K | +2.6% | +5.1% | +1.2% | ACCUMULATE | 63/100 |
| Westbrook | $460K | +2.0% | +4.6% | +0.4% | WAIT | 60/100 |
| Portland | $560K | +0.5% | +4.4% | -0.4% | WAIT | 57/100 |
| Biddeford | $513K | +0.8% | +5.8% | -0.1% | WAIT | 57/100 |
| Saco | $526K | +1.1% | +5.5% | +0.0% | WAIT | 57/100 |
| South Portland | $523K | +3.7% | +4.8% | -0.1% | WAIT | 56/100 |
| Augusta | $282K | +0.7% | +5.8% | -1.2% | WAIT | 54/100 |
| Lewiston | $297K | +0.3% | +6.7% | -1.7% | WAIT | 51/100 |
| Bangor | $288K | +0.4% | +5.8% | -1.0% | WAIT | 49/100 |
| Auburn | $326K | +0.7% | +6.2% | -2.0% | WAIT | 45/100 |
Frequently asked questions
Is now a good time to buy a home in Maine?
As of Aug 2026, our buy-timing signal for Maine is WAIT — the model projects prices about -4.5% lower around Feb 2028. Patience is likely to be rewarded; use the time to negotiate and arrange financing. Buy-timing score: 55/100.
Will home prices in Maine go down in 2027?
The model projects -0.5% over the next 12 months: about $413K by Aug 2027, with an 80% range of $403K–$424K (today $415K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Maine?
The typical (mid-tier) home value in Maine is $415K as of Aug 2026, +1.7% year over year.
What is the cheapest time of year to buy in Maine?
Historically, prices in Maine run lowest in February, about 2.2% below the annual average, and highest in August.
Which areas in Maine have the best buy-timing right now?
Highest buy-timing scores: Brunswick (63/100, ACCUMULATE), Westbrook (60/100, WAIT) and Portland (57/100, WAIT). Fastest-rising prices: South Portland (+3.7%), Brunswick (+2.6%) and Westbrook (+2.0%).
Other states
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.