Home Value Trail

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State

Maine

16 counties with an index · 4 metro and micro areas · 196 ZIP codes · 161 permit-issuing places · 1,414,874 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA all-transactions house price index for Maine, quarterly from 1975 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2026: 1,044
Maine (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line is FHFA's standard quarterly all-transactions index; the comparison table uses FHFA's annual state index from the same family. The index does not give a dollar value for any home.

Maine's FHFA house price index starts in 1975. Through 2025 it has risen +1126.0%; over the ten years to 2025 the rise was +112.4% (+7.8% a year), well above the national +85.0%.

The quarterly index through 2026 Q2 is +3.2% on a year earlier and +1.0% on the quarter; nationally +3.0% and +1.1%.

The index peaked in 2007, fell −14.4% to 2012 and regained the peak in 2018; the national index fell −21.3% over 2007–2012.

6,830 housing units were authorised in Maine in the 12 months to August 2026, 4.8 per 1,000 residents against 4.1 nationally; that is +8.4% on the previous 12 months. 16 counties, 4 metro and micro areas, 196 ZIP codes and 161 permit-issuing places in the state have their own pages.

+3.2%year to 2026 Q2, quarterly indexUS +3.0%
+4.7%1 year, 2024–2025US +2.8%
+67.8%5 yearsUS +47.0%
+112.4%10 years+7.8% a year annualised
+216.3%since 2000US +158.3%
6,830units permitted, 12 months4.8 per 1,000 residents · US 4.1

Same span, state and nation

Change in the FHFA indexMaineUnited States
1 year (2024–2025)+4.7%+2.8%
5 years (2020–2025)+67.8%+47.0%
10 years (2015–2025)+112.4%+85.0%
20 years (2005–2025)+100.6%+79.1%
Since 2000+216.3%+158.3%
Since 1975+1126.0%+960.7%
10-year annualised+7.8%+6.3%
20-year annualised+3.5%+3.0%

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+122.0%+68.2%
1990s (1990–2000)+18.1%+33.9%
2000s (2000–2010)+48.3%+29.7%
2010s (2010–2020)+27.1%+35.5%
2020s so far (2020–2025)+67.8%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
20072012−14.4%2018
19891994−9.0%1999

Purchase-only index

FHFA also publishes a purchase-only index, built from sales prices alone (no refinance appraisals). It starts in 1991 and is drawn here on its own base.

FHFA purchase-only house price index for Maine, quarterly, with the national purchase-only index rebased to the same startRecession 1990–91Recession 2001Recession 2007–09Recession 202002004006001995200020052010201520202025United States, purchase-only2026: 499
Maine, purchase-only (100 = first year)United States, purchase-only, rebased to the same startNBER recession

Counties

Ranked by ten-year change in FHFA's annual county index to 2025. Permits are housing units authorised in the 12 months to August 2026.

County1 year10 yearsSince 2000Units, 12 monthsPer 1,000Index through
Knox County+3.8%+127.0%+238.8%1974.82025
Androscoggin County+7.0%+124.4%+216.5%3212.82025
Somerset County+9.7%+119.0%+222.6%801.52025
Sagadahoc County+3.8%+116.8%+224.1%2085.52025
Cumberland County+4.1%+116.2%+243.0%2,1656.82025
York County+5.7%+115.7%+225.3%1,3726.22025
Lincoln County+3.0%+115.2%+195.6%1574.32025
Waldo County+7.1%+114.7%+199.9%1453.62025
Oxford County+5.7%+113.3%+204.1%3626.02025
Piscataquis County+0.6%+109.3%—1217.02025
Kennebec County+5.1%+107.9%+199.4%4773.72025
Franklin County−1.2%+107.7%+204.3%1815.92025
Penobscot County+4.6%+104.6%+185.1%5103.22025
Hancock County+3.7%+103.5%+226.9%2925.12025
Washington County+6.5%+100.5%+168.0%902.92025
Aroostook County+8.6%+88.8%+184.0%580.92025

Metro and micropolitan areas

Areas with any county in Maine; multi-state areas appear under each of their states.

AreaType1 year10 yearsYear to 2026 Q2Units, 12 months
Lewiston-Auburn, MEMetro+7.0%+124.4%+1.7%321
Portland-South Portland, MEMetro+4.7%+115.8%+4.5%3,745
Augusta-Waterville, MEMicro+5.1%+107.9%—477
Bangor, MEMetro+4.6%+104.6%−0.5%510

Building permits

Housing units authorised in Maine by month, latest 60 months05001,0001,500Sep 2021: 485 units (411 single-family, 74 in multi-unit buildings)Sep 2021Oct 2021: 499 units (468 single-family, 31 in multi-unit buildings)Nov 2021: 448 units (340 single-family, 108 in multi-unit buildings)Dec 2021: 622 units (425 single-family, 197 in multi-unit buildings)Jan 2022: 437 units (290 single-family, 147 in multi-unit buildings)Feb 2022: 871 units (270 single-family, 601 in multi-unit buildings)Mar 2022: 414 units (353 single-family, 61 in multi-unit buildings)Apr 2022: 655 units (472 single-family, 183 in multi-unit buildings)May 2022: 639 units (529 single-family, 110 in multi-unit buildings)Jun 2022: 593 units (464 single-family, 129 in multi-unit buildings)Jul 2022: 551 units (464 single-family, 87 in multi-unit buildings)Aug 2022: 564 units (476 single-family, 88 in multi-unit buildings)Sep 2022: 488 units (415 single-family, 73 in multi-unit buildings)Sep 2022Oct 2022: 399 units (349 single-family, 50 in multi-unit buildings)Nov 2022: 369 units (307 single-family, 62 in multi-unit buildings)Dec 2022: 333 units (246 single-family, 87 in multi-unit buildings)Jan 2023: 255 units (230 single-family, 25 in multi-unit buildings)Feb 2023: 266 units (206 single-family, 60 in multi-unit buildings)Mar 2023: 476 units (299 single-family, 177 in multi-unit buildings)Apr 2023: 596 units (448 single-family, 148 in multi-unit buildings)May 2023: 699 units (508 single-family, 191 in multi-unit buildings)Jun 2023: 613 units (520 single-family, 93 in multi-unit buildings)Jul 2023: 503 units (395 single-family, 108 in multi-unit buildings)Aug 2023: 691 units (500 single-family, 191 in multi-unit buildings)Sep 2023: 659 units (394 single-family, 265 in multi-unit buildings)Sep 2023Oct 2023: 471 units (390 single-family, 81 in multi-unit buildings)Nov 2023: 423 units (345 single-family, 78 in multi-unit buildings)Dec 2023: 294 units (211 single-family, 83 in multi-unit buildings)Jan 2024: 389 units (297 single-family, 92 in multi-unit buildings)Feb 2024: 367 units (267 single-family, 100 in multi-unit buildings)Mar 2024: 568 units (345 single-family, 223 in multi-unit buildings)Apr 2024: 539 units (487 single-family, 52 in multi-unit buildings)May 2024: 661 units (500 single-family, 161 in multi-unit buildings)Jun 2024: 589 units (443 single-family, 146 in multi-unit buildings)Jul 2024: 536 units (440 single-family, 96 in multi-unit buildings)Aug 2024: 599 units (497 single-family, 102 in multi-unit buildings)Sep 2024: 491 units (428 single-family, 63 in multi-unit buildings)Sep 2024Oct 2024: 515 units (398 single-family, 117 in multi-unit buildings)Nov 2024: 387 units (317 single-family, 70 in multi-unit buildings)Dec 2024: 403 units (275 single-family, 128 in multi-unit buildings)Jan 2025: 490 units (255 single-family, 235 in multi-unit buildings)Feb 2025: 357 units (208 single-family, 149 in multi-unit buildings)Mar 2025: 724 units (416 single-family, 308 in multi-unit buildings)Apr 2025: 663 units (524 single-family, 139 in multi-unit buildings)May 2025: 618 units (441 single-family, 177 in multi-unit buildings)Jun 2025: 574 units (427 single-family, 147 in multi-unit buildings)Jul 2025: 576 units (500 single-family, 76 in multi-unit buildings)Aug 2025: 505 units (399 single-family, 106 in multi-unit buildings)Sep 2025: 536 units (404 single-family, 132 in multi-unit buildings)Sep 2025Oct 2025: 691 units (467 single-family, 224 in multi-unit buildings)Nov 2025: 479 units (347 single-family, 132 in multi-unit buildings)Dec 2025: 355 units (245 single-family, 110 in multi-unit buildings)Jan 2026: 274 units (206 single-family, 68 in multi-unit buildings)Feb 2026: 509 units (198 single-family, 311 in multi-unit buildings)Mar 2026: 393 units (280 single-family, 113 in multi-unit buildings)Apr 2026: 737 units (458 single-family, 279 in multi-unit buildings)May 2026: 601 units (425 single-family, 176 in multi-unit buildings)Jun 2026: 714 units (510 single-family, 204 in multi-unit buildings)Jul 2026: 1,023 units (510 single-family, 513 in multi-unit buildings)Aug 2026: 518 units (453 single-family, 65 in multi-unit buildings)

Housing units authorised in Maine by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in Maine by year, 1995–202505,00010,0001995: 4,417 units (4,162 single-family, 255 in multi-unit buildings)19951996: 4,685 units (4,463 single-family, 222 in multi-unit buildings)1997: 4,706 units (4,304 single-family, 402 in multi-unit buildings)1998: 6,280 units (5,656 single-family, 624 in multi-unit buildings)1999: 5,688 units (5,375 single-family, 313 in multi-unit buildings)2000: 6,177 units (5,748 single-family, 429 in multi-unit buildings)20002001: 6,492 units (5,931 single-family, 561 in multi-unit buildings)2002: 7,207 units (6,421 single-family, 786 in multi-unit buildings)2003: 7,933 units (7,308 single-family, 625 in multi-unit buildings)2004: 8,771 units (8,053 single-family, 718 in multi-unit buildings)2005: 8,969 units (7,810 single-family, 1,159 in multi-unit buildings)20052006: 7,293 units (6,483 single-family, 810 in multi-unit buildings)2007: 5,873 units (5,053 single-family, 820 in multi-unit buildings)2008: 3,615 units (3,099 single-family, 516 in multi-unit buildings)2009: 3,121 units (2,816 single-family, 305 in multi-unit buildings)2010: 3,034 units (2,812 single-family, 222 in multi-unit buildings)20102011: 2,744 units (2,279 single-family, 465 in multi-unit buildings)2012: 3,001 units (2,496 single-family, 505 in multi-unit buildings)2013: 3,427 units (2,812 single-family, 615 in multi-unit buildings)2014: 3,242 units (2,713 single-family, 529 in multi-unit buildings)2015: 3,699 units (2,853 single-family, 846 in multi-unit buildings)20152016: 4,010 units (3,265 single-family, 745 in multi-unit buildings)2017: 4,358 units (3,583 single-family, 775 in multi-unit buildings)2018: 4,697 units (3,660 single-family, 1,037 in multi-unit buildings)2019: 4,760 units (3,474 single-family, 1,286 in multi-unit buildings)2020: 5,304 units (4,180 single-family, 1,124 in multi-unit buildings)20202021: 6,530 units (5,238 single-family, 1,292 in multi-unit buildings)2022: 7,094 units (4,907 single-family, 2,187 in multi-unit buildings)2023: 6,183 units (4,540 single-family, 1,643 in multi-unit buildings)2024: 6,034 units (4,650 single-family, 1,384 in multi-unit buildings)2025: 6,979 units (4,764 single-family, 2,215 in multi-unit buildings)2025

Housing units authorised in Maine by year, 1995–2025single-family2+ unit buildings

Single-family share of the latest 12 months: 66% (63% nationally). Since 1995: 166,323 units.

Year by year

Each year's index change and permits, with every county's figures for that year.

YearMaine indexUS indexUnits permittedSingle-family
2025+4.7%+2.8%6,9794,764
2024+6.0%+4.9%6,0344,650
2023+11.6%+5.7%6,1834,540
2022+18.1%+15.5%7,0944,907
2021+14.7%+11.6%6,5305,238
2020+4.8%+3.0%5,3044,180
2019+5.0%+4.2%4,7603,474
2018+5.8%+5.7%4,6973,660
2017+4.9%+5.4%4,3583,583
2016+3.7%+5.3%4,0103,265
2015+2.4%+4.4%3,6992,853
2014+1.7%+6.2%3,2422,713
2013+0.7%+3.4%3,4272,812
2012−2.3%−1.8%3,0012,496
2011−2.0%−4.4%2,7442,279
2010−4.0%−5.1%3,0342,812
2009−5.6%−7.5%3,1212,816
2008−1.3%−4.5%3,6153,099
2007+1.0%+0.6%5,8735,053
2006+4.2%+6.6%7,2936,483
2005+11.4%+12.4%8,9697,810
2004+12.1%+9.2%8,7718,053
2003+6.7%+4.5%7,9337,308
2002+8.7%+5.4%7,2076,421
2001+8.9%+6.7%6,4925,931
2000+9.8%+8.3%6,1775,748
1999+5.4%+4.3%5,6885,375
1998+3.9%+3.7%6,2805,656
1997+2.0%+3.8%4,7064,304
1996+2.6%+3.2%4,6854,463
1995+0.7%+3.7%4,4174,162

Cities issuing the most permits

Housing units authorised in the 12 months to August 2026; every place is listed on its county page.

Questions and answers

How much have home values in Maine risen over 10 years?

The FHFA index rose +112.4% between 2015 and 2025, +7.8% a year; over 20 years +100.6% and since 2000 +216.3%. Nationally: +85.0%, +79.1% and +158.3%.

Which Maine counties rose most over 10 years?

Knox County (+127.0%), Androscoggin County (+124.4%) and Somerset County (+119.0%), by FHFA's annual county index to 2025.

What happened to Maine home prices in 2008?

The state index peaked in 2007, fell −14.4% to 2012 and regained its peak in 2018.

How many homes are being built in Maine?

6,830 units were authorised in the 12 months to August 2026: 4,503 single-family and 2,327 in multi-unit buildings, 4.8 per 1,000 residents.

Where does this data come from?

FHFA's quarterly all-transactions state index (through 2026 Q2) and annual state index (updated March 31, 2026); the Census Bureau's Building Permits Survey state and county files through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, quarterly all-transactions and purchase-only state indexes through 2026 Q2 and annual state index (updated March 31, 2026). Permits: Census Bureau Building Permits Survey state, county and place files through August 2026. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.