85 Stooker Mountain Drive,
$549,000 House For Sale
8 Tara Lane,
$900,000 House For Sale
114 Legion Avenue,
$82,500 For Sale
44 San Antonio delos Buenos,
$830,000 House For Sale
Maine is the thirty-ninth largest state by area, with a population of 1,338,404 (U.S. Census Bureau, July 1, 2019). Throughout history, there have been important milestones that helped shape Maine. Maine's earliest settlements date back as early as 1000 A.D. with the arrival of Norse sailor, Leif Erikson. During the Revolutionary War, the first naval battle of the war occurred off the coast of Main. As part of the Missouri Compromise, Maine joined the Union as a free state in 1820.
Today, Maine's economy has a GDP of $65 billion (Bureau of Economic Analysis, July 1, 2018), which is driven by these top industries: healthcare, retail, tourism, education services, and construction. Many of the leading companies have their headquarters in Maine, including MaineHealth, L.L.Bean, and IDEXX, to name a few.
The most recognized cities in Maine are Portland, Bangor, and Augusta.
Portland is located in the southwestern part of Maine and has a population of 66,715. Portland is home to Portland Head Lighthouse, Old Port, Peaks Island, and the Portland Museum of Art. Over the last ten years, Portland's housing market has appreciated by 42.72%. When compared to the rest of the nation, Portland's housing prices are significantly higher, with the median home price of $261,100 and a median rent of $1,018.
Bangor is near central Maine and has a population of 32,237. Bangor is home to Acadia National Park, Stephen King House, and Paul Bunyan Statue. Over the last ten years, Bangor's housing market has appreciated by 0.59% annually. When compared to the rest of the country, Bangor's housing prices are significantly less, with the median home price of $150,100 and a median rent of $786.
Augusta is the capital of Maine and has a population of 18,626. Augusta is home to the Maine State Museum, Fort Western, and Maine State House. Over the last ten years, Augusta's housing market has appreciated by 1.13% annually. When compared to the rest of the nation, Augusta's housing prices are more affordable, with the median home price of $142,600 and a median rent of $695.
|Single Family Homes for sale in Maine|
|Average List Price||$600,704|
|Average Price Per Square Feet||$259|
|Condos for sale in Maine|
|Average List Price||$471,747|
|Average Price Per Square Feet||$347|
|Townhomes for sale in Maine|
|Average List Price||$393,023|
|Average Price Per Square Feet||$224|