Southern Maine Housing Market Update: July 2026

Southern Maine Housing Market Update: July 2026

  • Derek Goff
  • August 10, 2026

July brought a noticeable shift in Southern Maine's housing market. Both Cumberland and York Counties remain firmly in seller's market territory, but rising inventory is beginning to give buyers a little more breathing room.

Before we dive in, let's talk "months of inventory."

Months of inventory measures how long it would take to sell all homes currently on the market at the current pace of sales, if no new listings were added.

Under 3 months: Generally considered a seller's market
3 to 6 months: Generally considered a balanced market
Above 6 months: Generally considered a buyer's market

Both Cumberland and York Counties are still well within seller's market territory, but the increases seen in July matter. When months of inventory rises, it means homes are piling up a little faster than they're selling, giving buyers more options and a bit more negotiating room.

Both counties' jumps suggest the market is inching toward a more balanced environment. It's not a dramatic turn, but it's a trend worth watching for both buyers and sellers as the year continues.

Cumberland County

Cumberland County saw new listings and median price both climbing year-over-year in July. Sold listings dipped slightly, and a sizable increase in months of inventory suggests buyers have a little more power these days.

Key Stats for July 2026

Metric

July 2026

Year-over-Year Change

New Listings

518

Up 15.9%

Median Price

$625,000

Up 3.3%

Sold Listings

361

Down 0.6%

Months of Inventory

2.2

Up 33.5%

Time on Market

7 days

Unchanged

Cumberland County Takeaway:

Prices continued to climb and new listings jumped, but sales edged down slightly. The meaningful rise in months of inventory points to a market that's loosening up a bit for buyers. Homes were still moving at the same steady pace in July as they were a year ago.

York County

York County kept up strong momentum in July, with increases in new listings, sold listings, and median price. Even with more inventory, homes were still finding buyers quickly.

Key Stats for July 2026

Metric

July 2026

Year-over-Year Change

New Listings

374

Up 23.4%

Median Price

$585,000

Up 6.4%

Sold Listings

279

Up 10.3%

Months of Inventory

2.5

Up 12.2%

Time on Market

7 days

3 days faster

York County Takeaway:

Homes moved faster than a year ago, a sign that buyer demand remains solid even as more inventory enters the market.

The Big Picture

For sellers, conditions remain favorable. With more listings hitting the market in both counties, standing out matters more than ever. Strong presentation, thoughtful pricing, and polished marketing continue to make the difference between a home that sits and one that sells quickly.

For buyers, there's a bit more selection to work with than in recent years, particularly in Cumberland County. That said, well-positioned homes are still moving, so buyers should be ready to act when the right property appears.

More inventory is giving buyers additional options, but Southern Maine remains a competitive seller's market.

If you're curious what your home might be worth in today's market, or if you're planning a move later this year, we'd be happy to discuss your goals and help you create a strategy that aligns them with current market conditions.

Work With Us

Tomazin Goff Realty puts our clients and their homes first. We’re full-time agents with local roots that provide award-winning service that goes above and beyond our clients’ expectations. Our clients are truly a testament to the service we provide.

Follow Us on Instagram