Metro area index
Home appreciation in the Portland-South Portland, ME metro area
FHFA HPI® data shows the Portland-South Portland, ME metro area's all-transactions index changed +4.5% over the year to Q2 2026, versus +3.2% for Maine and +3.0% for the U.S. That ranks 128th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.5%
- 5-year change
- +55.9%
- Since Q1 1995
- +419%
- Metro rank (1 year)
- 128th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Portland-South Portland, ME vs Maine and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Portland-South Portland, ME: 519.0
- Maine: 477.7
- United States: 391.6
Appreciation by time window
| Window | Metro | ME | U.S. | Gap vs ME | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.5% | +3.2% | +3.0% | +1.3 pts | +1.5 pts |
| 3 years | +17.9% | +17.0% | +12.9% | +0.9 pts | +5.1 pts |
| 5 years | +55.9% | +56.4% | +41.3% | −0.5 pts | +14.6 pts |
| 10 years | +125% | +123% | +93.3% | +2.0 pts | +31.5 pts |
| Since Q1 1995 | +419% | +378% | +292% | +41.3 pts | +127.5 pts |
3-digit ZIP regions in the Portland-South Portland, ME area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 039 · Kittery, ME area | ME | -0.3% | +51.6% | +431% | 100% |
| 041 · Portland, ME area | ME | +5.2% | +56.7% | +497% | 100% |
| 040 · Biddeford, ME area | ME | +4.5% | +55.8% | +387% | 96% |
| 045 · Bath, ME area | ME | +2.3% | +59.5% | +302% | 35% |
Boom, bust, and recovery in Portland-South Portland, ME area
Portland-South Portland, ME area's index peaked in Q1 2007, fell 13.2% to its low in Q2 2012, and regained its peak in Q1 2017, about 10 years after the top. Today it sits +117% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2007 | Q2 2012 | -13.2% | Q1 2017 (10 yrs) | +117% |
| ME | Q1 2008 | Q2 2012 | -13.1% | Q3 2017 (9.5 yrs) | +109% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Portland-South Portland, ME area's index has changed +134% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | ME after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +0.6% | -0.6% | -0.8% |
| 3 years | +9.8% | +7.4% | +6.5% | +2.8% |
| 5 years | +24.0% | +25.7% | +26.1% | +13.9% |
| 10 years | +39.1% | +61.7% | +60.2% | +39.0% |
| Since Q1 1995 | +121% | +134% | +116% | +76.8% |
If you bought in the Portland-South Portland, ME area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +410% | $1,529,649 |
| Q2 2000 | +289% | $1,165,965 |
| Q2 2005 | +130% | $689,623 |
| Q2 2010 | +145% | $733,618 |
| Q2 2015 | +134% | $700,544 |
| Q2 2020 | +80.6% | $541,764 |
| Q2 2021 | +55.9% | $467,689 |
| Q2 2023 | +17.9% | $353,742 |
| Q2 2025 | +4.5% | $313,551 |
Frequently asked questions
- How much have home prices risen in the Portland-South Portland, ME area?
- FHFA HPI® data for the Portland-South Portland, ME metro area shows changes of +4.5% over one year, +55.9% over five years, and +125% over ten years to Q2 2026, and +419% since Q1 1995.
- Is the Portland-South Portland, ME area beating the national average?
- Over the past year the metro's index moved +1.5 pts versus the U.S.; over five years the gap is +14.6 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.