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About Portland, Maine

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View all Portland Homes for Sale

As of March 3, 2011, the current number of single-family properties on the market in Portland is 400, with 80 of those currently under contract to be sold.

Portland has a median listing price of all homes for sale of $249,900: of those, the low is $79,900 and the high is $1,950,000.

Of the 80 properties currently under contract, the median listing price is $231,900: of those, the low is $79,900 and the high is $795,000.

In the past 12 months, 629 properties in Portland have been sold, with a median number of days on the market of 56, and with a median sale price of $212,000, an average of 97% of the listing price.

About Portland

Portland is the largest city in the State of Maine and is the county seat of Cumberland County. It is considered Maine's cultural, social, and economic capital. The 2007 estimated city population was 62,875. Portland is the principal city of the Portland-South Portland-Biddeford metropolitan area, with a population of 513,102, which includes Cumberland, York, and Sagadahoc counties.

Tourists visit Portland's historic Old Port district along Portland Harbor, at the mouth of the Fore River and part of Casco Bay, and the Arts District, which runs along Congress Street in the center of the city. Portland Head Light is located in nearby Cape Elizabeth and marks the entrance to Portland Harbor.

The city seal depicts a phoenix rising from ashes, which aligns with the city's motto, Resurgam, Latin for "I will rise again." The motto refers to Portland's recoveries from four devastating fires. The city of Portland, Oregon was named for Portland, Maine. Portland Public Schools is the largest school system in Maine, serving approximately 7,000 students.

More information about Portland, Maine.

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