Coastal Maine Real Estate Market Update: A Look at the January 2026 Numbers

The Scott & Sunny Townsend Team with Keller Williams is your premier source for real estate market information in Maine. 

As we settle into 2026, we are filled with gratitude for the opportunity to help another year of clients move their lives forward. January is often a month of planning and setting goals, and in the real estate world, it sets the tone for the spring market ahead. The numbers for January are in, and they tell a story of balance and opportunity. We are seeing inventory levels rise significantly across most areas, providing a welcome breath of fresh air for buyers who have faced tight competition for years. Let's take a closer look at what is happening in your neighborhood.

Key Takeaways The headline for January 2026 is Inventory Growth. Nearly every market we track saw a double-digit percentage increase in the months of inventory available. This increase in supply is naturally leading to a stabilization in pricing, with some areas seeing slight corrections. For buyers, this means more choice and less frenzy. For sellers, it means pricing strategy is more critical than ever to stand out.

Deeper Dive: The Numbers

• Portland

  • Properties Sold: 27 (▲ 68.8%)

  • Median Sales Price: $535,000 (▼ 14.2%)

  • Inventory: 1.1 Months (▼ 42.7%)

  • The Vibe: High Energy. Unlike the surrounding towns, Portland's inventory actually tightened, and sales volume skyrocketed. The city is moving fast!

• Scarborough

  • Median Sales Price: $700,000 (▼ 12.2%)

  • Days on Market: 51 Days (▲ 45.7%)

  • Inventory: 2.9 Months (▲ 83.8%)

  • The Vibe: A Buyer's Breath of Fresh Air. With inventory nearly doubling and days on market stretching out, buyers have the luxury of time and choice here.

• South Portland

  • Median Sales Price: $490,000 (▼ 3.1%)

  • List to Sale Price: 99.8% (▲ 2.8%)

  • Inventory: 1.3 Months (▲ 66.4%)

  • The Vibe: Competitive but Fair. Despite a price dip, sellers are getting nearly 100% of their asking price. Demand is high for quality homes.

• Greater Portland

  • Median Sales Price: $546,250 (▼ 2.4%)

  • Days on Market: 28 Days (▲ 51.4%)

  • Inventory: 2.7 Months (▲ 39.4%)

  • The Vibe: Balanced. A healthy increase in listings and days on market suggests a return to a more traditional pace.

• State of Maine

  • Median Sales Price: $389,000 (▲ 0.6%)

  • Days on Market: 40 Days (▲ 21.2%)

  • Inventory: 4.7 Months (▲ 45.9%)

What It Means for You

• For Buyers: "Patience" is no longer a bad word. With inventory up significantly in Scarborough (+83.8%) and Greater Portland (+39.4%), you have the chance to view more homes and make decisions without the panic of previous years. The dip in median prices in several towns also suggests your budget might stretch further than expected.

• For Sellers: The "Townsend Advantage" is your best asset. With inventory rising, you have more competition. However, the data shows that well-priced homes are still performing. In South Portland, for example, the List-to-Sold ratio is nearly 100%. We know how to position your home to ensure it's the one buyers fall in love with.

Your Local Expert Navigating a shifting market requires a steady hand and a strategic mind. At the Scott & Sunny Townsend Team, we don't just read the data; we interpret it to protect your equity and achieve your goals. Whether you are looking for a vacation retreat or a home for a lifetime, we are here to help you move your life forward.

Ready to Make a Move?

• Curious about your equity? Visit scottandsunny.com for a strategic review.

• Find your next home: Search properties at scottandsunny.com