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South Portland, ME

Full City Profile · Maine · Cumberland County County

3.7 /5.0
B+ Good
26,780 Population 2,222/sq mi density
$84,563 Median Income $49,719 per capita
$405,800 Home Value $501,480 Zillow
$1,648 Median Rent 30.8% income on rent
48°F Avg Temperature 246 sunny days/yr
187 Violent Crime/100K 2,192 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$84,563 median income, 2.0% unemployment
B+
Affordability
4.0 / 5.0
$405,800 home value, $1,648/mo rent
F
Safety
1.0 / 5.0
187 violent crimes/100K
A+
Education
4.9 / 5.0
49.3% bachelor's degree or higher

Housing Overview

Median Home Value
$405,800
44% above
US avg: $281,900
Median Rent
$1,648/mo
42% above
US avg: $1,163/mo
Homeownership Rate
60.3%
8% below US avg (65.4%)
Total Housing Units
12,407
Median year built: 1959

Home Value by Source

Census Median
$405,800
Zillow (ZHVI)
$501,480
Median Sale Price
$460,000
Median List Price
$442,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.3%
Owner-Occupied
39.7%
Renter-Occupied
60%
40%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,108/mo
1 Bedroom
$1,186/mo
2 Bedroom
$1,497/mo
3 Bedroom
$1,951/mo
4 Bedroom
$2,190/mo
Census median rent: $1,648/mo · Zillow rent: $2,350/mo

Market Indicators (Redfin)

Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
17.2%
of listings with price reduction
Price Per Sq Ft
$366
Active Inventory
29
homes for sale

Affordability & Housing Stock

Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
60.3%

Complete Housing Data

Home Values

Census Median Value$405,800
Zillow Home Value (ZHVI)$501,480
Median Sale Price$460,000
Median List Price$442,500
Price Per Sq Ft$366

Rent

Census Median Rent$1,648
Zillow Rent (ZORI)$2,350
FMR Studio$1,108
FMR 1-Bedroom$1,186
FMR 2-Bedroom$1,497
FMR 3-Bedroom$1,951
FMR 4-Bedroom$2,190

Market

Days on Market33
Sale-to-List Ratio1.0%
Price Drops17.2%
Homes Sold21
Active Inventory29
Price Per Sq Ft$366

Ownership & Stock

Owner-Occupied60.3%
Renter-Occupied39.7%
Homeownership Rate60.3%
Total Housing Units12,407
Median Year Built1959
Rent Burden30.8%