Maine’s median sales price for a home hit a record $436,000 in June.
Home sales were up 7.31% for the month, compared to June 2025. According to Maine Listings, 1,556 homes sold in June, up from 1,450 in June 2025, when the median sales price was $425,000.
Credit goes to an abundance of inventory, said the state’s trade association.
“The highest statewide for-sale inventory in 70 months — 5,667 homes — resulted in a strong sales period during June,” Sid Judy Oberg, president of the Maine Association of Realtors and associate broker at Oberg Insurance & Real Estate Agency in Bridgton, said.
“Though market conditions do vary by region across our state, we continue to see high demand and low for-sale inventory in some markets,” she added. “This activity pushed the statewide median sales price to $436,000 in June — a new historic high.”
The increase comes as borrowing costs inch up. In the week through July 9, the average rate on 30-year fixed home loans rose to 6.49%, up from 6.43% the previous week. However, a year earlier the average was 6.72%.
The 15-year fixed mortgage rate average rose to 5.82%, up from 5.79% last week. A year ago at this time, the average was 5.86%.
Highs and lows
Maine’s priciest region remained Cumberland County, including Portland, with median sales prices of $610,000, a 1.67% gain from a year ago. York County was a close second, with a median sales price of $555,000, an increase of 2.78%.
Maine’s most affordable counties remained Aroostook, with a median sales price of $178,750, down 0.69% from a year ago, and Washington, at $220,000, a 5.17% decline.
Oxford County saw the biggest spike in the median sales price, which reached $370,000, a gain of 18.31%.
US, regional picture
Maine’s median sales price inched closer to that of the U.S. median, which was $446,400 in June, a 3.3% jump over a year ago, according to the National Association of Realtors.
In the Northeast, the median sales price was $564,800, up 3.9% from a year earlier.
