Market Overview
Home Prices in New Portland, ME
The median home value in New Portland, ME is $212,901 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.1% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Portland are priced48% below average.
Over the past five years, New Portland home values have risen by approximately41.6%, reflecting strong long-term appreciation in this market.
Price History
New Portland Home Price Trend
2020
$117,619
$118K
—
2021
$150,320
$150K
+27.8%
2022
$180,944
$181K
+20.4%
2023
$190,786
$191K
+5.4%
2024
$208,199
$208K
+9.1%
2025
$210,505
$211K
+1.1%
2026
$212,901
$213K
+1.1%
City Comparison
New Portland vs. National Median
🏠 New Portland
$212,901
National Median
$410,000
At $212,901, homes in New Portland cost 48% below the national median of $410,000. This makes New Portland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Portland?
20% Down Payment
$42,580
on $212,901
Monthly P&I
$1,110/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,410/mo
incl. taxes & insurance
Income Needed
$56,400
gross annual (30% rule)
10% Down Option
$21,290
+ PMI applies
Loan Amount (20% dn)
$170,321
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Portland, ME?
The median home value in New Portland is $212,901 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.1% year-over-year.
How much have home prices changed in New Portland?
Over the past year, home values in New Portland have increased by 1.1%. Over five years, prices have risen approximately 41.6%.
How much do I need to earn to buy a home in New Portland?
To comfortably afford the median home price of $212,901 with a 20% down payment ($42,580) at today's rates (6.8%), you'd need a gross annual income of approximately $56,400. This assumes keeping total housing costs at or below 30% of gross income.
How does New Portland compare to the national average home price?
The national median home value is approximately $410,000. At $212,901, homes in New Portland are 48% below the national average.