By Jon Howard, Owner & Real Estate Broker at Maineland Real Estate
Summer is heating up in Southern Maine — and so is the real estate market. Whether you’re buying your first home, selling a coastal property, or investing in a multi-family building, understanding today’s conditions across the region is essential.
As the owner and broker at Maineland Real Estate, I work closely with buyers and sellers in communities like Scarborough, Cape Elizabeth, South Portland, Old Orchard Beach, Westbrook, Windham, Gorham, Falmouth, and Yarmouth. Each town offers its own opportunities — and each demands a local expert to help you make the most of it.
Let’s explore what’s happening across Southern Maine in the condo, single-family, and multi-family segments — and what buyers and sellers should know moving forward.
📊 Southern Maine Market Trends – Summer 2025
- Interest rates remain in the 6–6.5% range. Not ideal, but stable enough that serious buyers are staying in the game.
- Low inventory continues to drive demand, especially in desirable suburban and coastal areas.
- Condos and multi-family properties are especially hot, with buyers looking for lower maintenance and rental income potential.
🏡 Single-Family Homes: Strong Demand Across Suburbs and Coastline
Whether it’s beachside living or a quiet cul-de-sac, single-family homes are still at the heart of the Southern Maine market.
In Scarborough, Cape Elizabeth, and Old Orchard Beach, buyers are actively looking for homes with coastal access, updated features, and strong curb appeal.
Towns like Gorham, Windham, and Westbrook offer more affordability while still being within easy commuting distance to Portland. These areas are seeing growth, particularly from first-time homebuyers and families looking for space.
Falmouth and Yarmouth continue to attract buyers who want upscale living with access to the ocean and strong school districts.
Buyers need to be ready to act quickly in these towns. Multiple-offer situations are still common for well-priced homes.
Sellers should take advantage of strong demand, especially if their property is turnkey and well-located.
🏢 Condos: Low-Maintenance Living with Big Lifestyle Payoff
Condos remain a hot option for all types of buyers — from downsizers to professionals relocating to Maine. Towns with newer developments or walkable village centers are seeing especially high demand.
South Portland, Scarborough’s Eastern Village, and Old Orchard Beach are great examples of towns offering condo convenience with coastal access.
Westbrook and Gorham have seen condo developments increase, offering newer options at more accessible price points.
For sellers: this is a prime time to list — especially if your condo is updated and move-in ready.
For buyers: expect competition for well-located, well-managed properties.
🏘 Multi-Family Properties: Opportunity in High-Demand Rental Areas
Multi-family real estate continues to be a smart play in Southern Maine. With demand for rentals high — and a steady stream of both long-term renters and short-term visitors — owning income property is more appealing than ever.
Biddeford and Westbrook remain strongholds for two- and three-unit buildings.
South Portland and Old Orchard Beach are seeing interest in short-term rental possibilities (with careful attention to local rules).
Windham and Gorham are drawing investors looking for longer-term tenants and lower entry prices compared to Portland proper.
As an investor, the key is knowing where to look, what to look for, and how to evaluate true rental potential. That’s exactly what I help my clients do — from financing strategy to property management referrals.
🌊 Coastal Living: Still a Dream Worth Pursuing
If you’ve dreamed of owning a home near the ocean — now may be the right time to make your move.
In Pine Point, Higgins Beach, Ferry Beach, and Prouts Neck, coastal homes range from classic cottages to luxury residences.
Old Orchard Beach offers a mix of seasonal and year-round opportunities with strong rental potential.
Coastal communities in Cape Elizabeth and Falmouth deliver lifestyle, prestige, and long-term investment value.
As your local expert, I’ll help you evaluate everything from flood zones and insurance costs to rental viability and resale value — so you can buy confidently.
🤝 Why Work with Me?
I’m Jon Howard, owner and broker at Maineland Real Estate, based right here in Southern Maine. I’ve helped clients buy, sell, and invest across this region for years — and I treat every transaction like it’s my own.
Whether you’re looking to:
- Buy your first home
- Move closer to the coast
- Sell and upgrade
- Downsize into something simpler
- Or build a portfolio of investment properties
…you deserve an experienced local advisor who puts your goals first.
📞 Jon Howard
Owner & Broker
📍 Maineland Real Estate
📱 207.650.3101
📧 jonsellsmaine@gmail.com
🌐 www.mainelandrealestate.com
Let’s talk about how I can help you make the most of this market — and find the right home, buyer, or investment opportunity for your future.