Market Intelligence · ME / Portland

Portland, ME 04103 Housing Market

The typical home in Portland's 04103 ZIP is worth $526,939, up 0.9% over the past year. The median list price stands at $584,150, with homes spending a median of 37 days on market as of September 2026.

Updated September 2026Median value$527K

The median home value in Portland, ME 04103 is $527K as of September 2026, up 0.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Human help

Licensed pros in 04103.

Andrea Page

Primary seat

Andrea Page

Lic #BR25750 ME

As a Broker and Co-Team Leader at Keller Williams Realty Maine, I bring 15+ years of experience helping buyers, sellers, and investors move forward with confidence. My background in contracting and construction offers a practical understanding of a property's potential, with a particular passion for development and investment opportunities. Grounded in integrity and clear communication, I provide thoughtful guidance and a strategy shaped around your goals. Let's explore what's possible together.

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Typical 04103 range

$485K to $569K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.9% over 12 months

Typical home value in 04103 over the last 12 months: $522K in Sep 2025 to $527K in Sep 2026 (+0.9%).

Sep 2025$522K

Sep 2026$527K

The numbers

What is the 04103 housing market like?

Typical home value

$527K

Up0.9%YoY

Median list price

$584K

Down2.2%MoM

Days on market

37

Down15.9%MoM

Homes for sale

72

Up26.3%MoM

Price cuts

21.9%

Up1.9%MoM

New listings

48

Up71.4%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

04103 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 04103 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 04103 rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in 04103?

Zillow's forecast does not call for a drop: it expects typical home values in 04103 to rise 1.9% by September 2027, after a 0.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 04103 home prices compare?

  • 04103$526,939
  • Portland$591,191
  • Maine$338,600
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Portland: 4 ZIPs; Maine: 311 ZIPs; United States: 26,262 ZIPs).

Context

There are 72 homes for sale in 04103, with 48 new listings added in September 2026. The median list price of $584,150 sits above the typical home value of $526,939, suggesting many sellers are pricing optimistically. However, 21.9% of listings have seen a price cut, indicating some market resistance. Homes are moving at a steady pace with a median of 37 days on market. For sellers, it's a balanced market where pricing strategy matters more than it did in previous years.

Monthly payment

Estimate your monthly payment.

20% · $105,388

Common questions

What people ask us.

What is the typical home value in Portland 04103?

The typical home value in 04103 is $526,939, which has increased 0.9% over the past year.

How many homes are currently for sale in 04103?

There are 72 homes for sale as of September 2026, with 48 new listings added that month.

How long do homes typically stay on the market here?

The median days on market is 37 as of September 2026.

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