Foreclosure Homes in Portland, ME

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Preforeclosure NEW
$798,608 EMV

Fessenden St
Portland, ME 04103

$457,555 EMV

Pleasant Ave
Portland, ME 04103

5 Bed | 4 Bath | 3,250 Sq. Ft.

5 Washington-ave-Portland-ME-04103
$266,111 EMV

Washington Ave
Portland, ME 04103

3 Bed | 1 Bath | 1,116 Sq. Ft.

$1,138,150 EMV

Danforth St
Portland, ME 04102

6 Bed | 3 Bath | 6,196 Sq. Ft.

$301,580 EMV

Caleb St
Portland, ME 04102

3 Bed | 1 Bath | 1,190 Sq. Ft.


Central Ave
Portland, ME 04108

1 Bed | 1 Bath | 1,004 Sq. Ft.

$272,425 EMV

Victor Rd
Portland, ME 04103

3 Bed | 1 Bath | 1,085 Sq. Ft.


Portland, ME 04103

$413,376 EMV

Lane Ave
Portland, ME 04103


Avon Pl Apt 6
Portland, ME 04101

Displaying 1 - 10 of 19

Home Value Estimator For Portland, ME

There are currently 18,828 real estate properties in Portland, ME, with a median automated valuation model (AVM) price of $448,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Portland, ME, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Portland, ME, is $488,786.00, with the most expensive house in Portland, ME, topping out at $9,212,400.00 and the cheapest home in Portland, ME, clocking in at $114,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Portland, ME!

Rent Prices In Portland, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Portland, ME, is on a rollercoaster ride. The average rent price in Portland, ME, is $1,564.00. Indeed, when looking to rent in Portland, ME, you can expect to pay as little as $760.00 or as much as $3,160.00, with the average rent median estimated to be $1,560.00. The good news is that finding an affordable and desirable property to rent in Portland, ME -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Portland, ME

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Portland, ME area at Get information on foreclosure homes for rent, how to buy foreclosures in Portland, ME and much more. Save thousands at closing with home foreclosure listings in Portland, ME — up to 75% off market value!

Top Reasons To Live In Portland, ME In 2021

Portland is located in Cumberland, Maine, with an estimated municipal population of 66,215 residents. All of the best foreclosed homes for sale in Portland are located in the following zip code areas on 04101 04102 04103 04108 04019 04109 04104 04112 04116 04122 04123 04124. The estimated population per square kilometer (.62 miles) in Portland is 1,185.

Cost Of Living In Portland, ME

So, about how much do homes cost in Portland? The most recent median value of resident-owned homes in Portland is 289,150. An estimated 45.1 percent of households in Portland own their homes, with an average family size of 2.9. The median household income in Portland is 60,467, with26.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Portland, the median commute time of resident workers (in minutes) is 19.3. And last, but certainly not least, are you looking for homes to rent in Portland? If so, the average rent price paid by renters in Portland is 1,124, according to recent statistics.

Diversity And Demographics In Portland, Maine

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Portland, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Portland is 36.8, split between 48.6 percent male versus 51.4 female. The percentage of residents who report being married in Portland is 37.3, with an average family size of 2.9.

The percentage of residents who report their race in Portland is as follows:

White 84.6%
Black / African American 8.4%
Asian 3.5%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.9%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Portland? Or maybe you are searching for 55+ active adult communities in and/or near Portland?

The percentage of residents who report their age in Portland is as follows:

Under 10 9.4%
Aged 10-19 8%
20s 20.1%
30s 16.5%
40s 12.3%
50s 12.9%
60s 10.9%
70s 5.9%
80+ 4.1%

Best Schools In Portland, Maine

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Portland with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Portland.

Pros And Cons Of Living In Portland, Maine

How do you know that living in -- or moving to -- Portland is right where you need to be? Perhaps you grew up in Portland or already live nearby; therefore, the decision to buy a home in Portland is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Portland for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Portland:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Portland.

Reasons To Move To Portland, Maine, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Portland can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Portland, meanwhile, can field multiple offers from more qualified buyers.


Listing types in Portland, ME

These money-making opportunities can deliver huge savings on your next purchase.

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