South Portland, ME Real Estate
South Portland is a city in Cumberland County, Maine with a population of about 26,780. The median home value is near $405,800, and median rent runs around $1,648/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$405,800
Median Rent
$1,648/mo
Population
26,780
Median Income
$84,563
Median Age
40.7
Homeownership
60.3%
Monthly payment on a median South Portland home
Example for a $405,800 home: 20% down, 30-yr at ~6.75%, ME property tax ~1.09%, 0.4% insurance.
Est. monthly (PITI)
$2,609
Principal & interest
$2,106
Property tax / mo
$369
Down payment (20%)
$81,160
South Portland at a glance
- 31.2% of residents 25+ hold a bachelor's degree or higher.
- 60.3% of occupied homes are owner-occupied.
- Median household income is $84,563.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
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