Number of homes sold in Maine rose in September, but prices fell

Photo / Laurie Schreiber For the second time in 2025 and only the second time since March 2019, Maine’s median home sale price decreased in a year-over-year comparison.

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By Laurie Schreiber

In the quarter that ended Aug. 31, Cumberland, York and Lincoln counties recorded median sales prices in excess of half a million dollars.

But for the latest quarter ending Sept. 30, only Cumberland and York counties remained above that threshold.

Cumberland dipped from a high of $616,000 to $605,000 in a comparison of the rolling quarters. York County remained at $550,000. Lincoln County, which had a median sales price of $502,500 in August, dipped to $486,000.

For the state as a whole, the median sales price of $402,500 was a slight decrease of 1.35% compared to September 2024, according to Maine Listings.

The number of single-family homes sold in September increased 5%, from 1,505 to 1,582.

“We are seeing an increasing number of homes for sale, increasing time-on-market and pricing concessions, which eases the competition that buyers have been facing for the past five years,” said Jeff Harris, president of the Maine Association of Realtors and a broker with Harris Real Estate in Farmington.

For the second time in 2025 and only the second time since March 2019, Maine’s median home sale price decreased in a year-over-year comparison, Harris added.

Aroostook remained Maine's most affordable county, with a median sales price of $170,000, down from $175,000 a year ago.

National, regional

Home buyers paid more in the Northeast and across the country.

The National Association of Realtors reported a 4.5% uptick in U.S. home sales and prices increased 2.3% to a national median sale price of $420,700 comparing September 2025 to September 2024.

In the Northeast, sales rose 4.3% while the regional price increased 4.1% to $500,300 over the same time period.

“With more for-sale options on the market, a sellers’ pricing at listing should reflect today’s market to generate demand,” noted Harris.