Southern Maine Housing Market Update: March 2026

Southern Maine Housing Market Update: March 2026

  • Derek Goff
  • 04/13/26

Spring has officially arrived in the Southern Maine real estate market, and the March data reflects a season of growth, both in inventory and in price. As we move further into 2026, we are seeing a notable increase in activity across both Cumberland and York Counties compared to this time last year.

Whether you are looking to buy or sell, understanding these local shifts is key to navigating the current landscape. Here is the breakdown of the March 2026 market statistics.

Cumberland County

Cumberland County saw a significant surge in value this March, with the median sales price climbing sharply. While more homes are hitting the market, they are also taking longer to go under contract compared to the lightning-fast pace of previous years.

  • New Listings: 314 (Up 14.6% year-over-year)

  • Median Price: $643,000 (Up 17.2% year-over-year)

  • Sold Listings: 164 (Up 10.1% year-over-year)

  • Months of Inventory: 2.0 (Down 0.1% year-over-year)

  • Time on Market: 26 Days (Up 16 days year-over-year)

The Takeaway: The 17.2% jump in median price is the headline here, showing that demand for Cumberland County remains incredibly high. However, the increase in "Time on Market" to 26 days suggests that buyers are becoming more selective, and the frenzy of immediate bidding wars has moderated slightly, giving buyers a bit more breathing room to conduct due diligence. Our team has not seen this to be the case in Portland and some of the surrounding towns. We're seeing well-positioned homes collecting multiple offers the first few days, making things very competitive for buyers. 

York County

York County continues to show steady, healthy growth. While price increases were more modest compared to its neighbor to the north, the volume of successful sales remains strong.

  • New Listings: 255 (Up 4.5% year-over-year)

  • Median Price: $490,000 (Up 1.4% year-over-year)

  • Sold Listings: 135 (Up 10.7% year-over-year)

  • Months of Inventory: 2.9 (Down 1.2% year-over-year)

  • Time on Market: 15 Days (Up 4 days year-over-year)

The Takeaway: York County remains a very active market with a shorter "Time on Market" (15 days) than Cumberland County. With nearly three months of inventory available, it remains more balanced for buyers than Cumberland County, though the 10.7% increase in sold listings proves that well-positioned homes are moving.

The Big Picture

Across Southern Maine, we are seeing a consistent trend: Inventory is up from a year ago. The double-digit increases in new listings in Cumberland County and the rise in sold listings in both counties are positive signs for a more fluid spring market.

For Sellers, pricing strategy is more important than ever. With "Time on Market" seeing a year-over-year increase, your home needs to be positioned correctly to capture the right audience.

For Buyers, there is more to choose from than there was a year ago. While prices and competition remain high, we are heading into warmer months which historically have included more homes to choose from.

Questions about what your home might be worth in today’s market? Or ready to start your search for a new Maine home? Reach out to us today to discuss your goals!

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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.

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