The Maine Association of Realtors say the price for a home in Maine is on the rise, at a record high $406,000 in the month of June.
There is also a major demand currently. WGME reports that MaineHousing says the state needs upwards of 84,000 more homes by 2030 to meet that demand.
“For the fourth consecutive month, we’re seeing a notable improvement in the number of homes for sale in Maine,” says Paul McKee, 2024 President of the Maine Association of Realtors.
York County is the only other place with a median home above half a million dollars at $523,750 with Aroostock and Washington Counties ranking at the bottom at $155,000 and $185,000 respectively.
The price for a home in Maine is again on the rise.
The Maine Association of Realtors calculated the median price for a house in Maine at a record high $406,000 in the month of June.https://t.co/ALQgKyOnH0
— CBS 13 News (@WGME) July 25, 2024