Maine saw home sales jump in June as the state continues to see a surge in properties hitting the market.
Buyers closed deals on 1,556 homes last month, up 7.3% from 1,450 in June 2025, according to the Maine Association of Realtors.
Meanwhile, the median sales price for a Maine home rose a more modest 2.6% year over year to $436,000.
Judy Oberg, the president of the Maine Association of Realtors and an associate broker at family-owned Oberg Insurance & Real Estate Agency in Bridgton, said Thursday that the state has the highest inventory of homes on the market in 70 months, 5,667.
“Though market conditions do vary by region across our state, we continue to see high demand and low for-sale inventory in some markets. This activity pushed the statewide median sales price to $436,000 in June — a new historic high,” Oberg said.
Nationally, home sales rose 3.3% in June, while the median sales price nudged up a modest 1.8% to $446,400, according to the National Association of Realtors.
In the Northeast, sales remained flat year over year, but the median sales price rose 3.9% to $564,800.
On the county level in Maine, the most significant increase in median home prices for the three-month period ending June 30 was in Oxford County, where it rose 18.3% to $370,000, compared with the same time last year. Franklin and Penobscot counties also saw notable increases in sale prices for that three-month period, climbing 16.5% and 7.3%, respectively. The highest median home price during that period was in Cumberland County, where it reached $610,000, up about 1.7% from the same time a year ago.
The median home price fell most sharply in Knox (7.5%), Lincoln (6.9%) and Waldo (5.2%) counties for that three-month period. Aroostook had the lowest median home price overall ($178,750), down 0.69% from a year earlier.
On the sales front, Aroostook County saw the largest sales bump for the three-month period ending June 30, increasing 20%. It was followed by Oxford (15.7%) and Androscoggin (15.4%) counties. Sales fell most sharply during that period in Sagadahoc (18.8%), Waldo (16.2%) and Lincoln (11.7%) counties.