If you’ve been watching Maine’s housing market and wondering what really happened in 2025, here’s the short version: more homes sold, prices kept rising (but more gently), and buyers stayed eager.

Sales Are Up — Thanks to More Listings

Across Maine, 15,133 single-family homes sold in 2025, nearly 5% more than in 2024. That growth wasn’t random. For more than two years, the number of homes coming onto the market has steadily increased — and when buyers have options, sales follow.

December was especially strong, with sales jumping almost 12% compared to December 2024, showing buyers were ready to act even late in the year.

Prices Are Still Rising — Just Not as Fast

The statewide median home price reached $405,000, up about 3.9% from last year. That’s still growth, but it’s noticeably slower than the rapid price jumps we’ve seen in recent years. In fact, throughout 2025, price changes mostly stayed in the single digits — a welcome sign for buyers feeling priced out.

What This Means Going Into 2026

Buyers are still watching closely and waiting for more homes to hit the spring market — and they’re ready to move when they do. With inventory improving and prices rising more slowly, conditions look more balanced than they’ve been in a while.

In short: 2025 brought momentum, not mayhem. More homes, more sales, and a market that feels a bit more grounded heading into the new year.