Maine started 2025 with a total of 2,389 single-family homes on the market, with a median home price of $450,000 and an average price per square foot of $342.47. By the end of the year, inventory had increased to 3,435 homes on the market (+44%), with a median home price of $424,900 (-6%), and an average price per square foot of $321 (-6%).
At the start of 2025, the median days on market (DOM) was 98 days – by the end of the year, median DOM had decreased to 91 days.
Maine started the year with 30.98% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 36.19% of homes for sale had taken a price cut.
Finally, Altos’ proprietary Market Action Index (MAI) shows that Maine started 2025 as a buyer's market, with an MAI score of 29; by the end of the year, the MAI had increased to 33 – a seller's market.Market Update for June 10, 2026
