What You Get for Your Money in Different Maine Towns
Maine offers an incredible variety of homes like charming coastal cottages, rustic lakefront cabins, historic in-town homes, and modern builds with mountain views. Depending on where you’re looking, your budget can go a lot further (or not as far) than you might expect. Whether you’re a first-time buyer, relocating, or searching for a vacation home, here’s a look at what your money can get you in different towns across Maine.
Portland: Urban Living with Coastal Charm
Average Home Price: $550,000+
Portland is one of the most desirable (and competitive) markets in Maine, and for good reason. With a thriving restaurant scene, walkable neighborhoods, and waterfront views, it blends city living with coastal charm.
For $550,000, you might find:
A small, renovated 3-bedroom home in a walkable neighborhood
A townhouse-style condo near the Old Port
Limited square footage, but strong resale potential
Buyer Tip: Act fast—homes in Portland often receive multiple offers within days.
Bar Harbor: A Vacation Paradise with Premium Pricing
Average Home Price: $700,000–$1M+
Bar Harbor is a favorite for second-home buyers and vacation property seekers. Nestled next to Acadia National Park, it’s beautiful—but expensive.
For around $750,000, you could expect:
A 2–3 bedroom home with water views or proximity to the park
Seasonal or year-round living with high rental potential
Premium pricing due to tourism and limited inventory
Buyer Tip: Consider nearby towns like Trenton or Ellsworth for better value and easier access.
Bridgton & The Lakes Region: Value + Vacation Feel
Average Home Price: $375,000–$450,000
Popular with locals and vacationers alike, Bridgton and nearby towns like Naples and Harrison offer access to Long Lake, Moose Pond, and year-round recreation.
For $400,000, you can often find:
A well-kept 3-bedroom home with water access
A lakefront seasonal camp or small year-round cottage
Larger lots and more privacy than coastal towns
Buyer Tip: Waterfront adds a premium—expect to pay more for direct lake access.
Bangor: Affordability Meets Convenience
Average Home Price: $250,000–$300,000
If you’re looking for more space at a lower cost, Bangor is a great option. It offers a small-city feel with big amenities, and you’re never too far from nature.
For around $275,000, you might find:
A 3–4 bedroom single-family home in town
More square footage, yard space, and even a garage
Great options for first-time buyers or growing families
Buyer Tip: Bangor’s market is stable and rising—ideal for long-term investment.
Kennebunkport: High-End Coastal Living
Average Home Price: $800,000–$1.2M+
Kennebunkport is known for its beautiful beaches, upscale homes, and boutique coastal lifestyle. It’s one of the most prestigious places to buy in Maine.
For $1M, expect:
A luxurious 3–4 bedroom home within walking distance of the water
Stylish finishes, modern amenities, and designer details
Strong vacation rental potential
Buyer Tip: Inventory can be tight—work with a local Realtor to get ahead of new listings.
Final Thoughts
No matter your budget or lifestyle, Maine has a place that fits your vision of home. Whether you want the walkability of Portland, the serenity of the lakes, or the ocean breeze in Bar Harbor, understanding what your money can get you in each market is key to making a smart move.
Need help deciding where to start?
Contact The Reeves Group today. Our local Realtors know the ins and outs of Maine’s diverse markets and can help you find the perfect home—wherever your heart is set.
Upcoming Events:
Dawnland Festival of Arts & Ideas – Bar Harbor (July 12–13)
Celebrate Wabanaki art, culture, and storytelling at this vibrant outdoor event hosted by the Abbe Museum. Features over 50 Indigenous artists, live music, and cultural panels.
Yarmouth Clam Festival – Yarmouth (July 18–20)
Join thousands in Yarmouth for this iconic summer celebration featuring a lively parade, clam shucking contests, carnival rides, a 5-mile road race, bike races, delicious food booths, and festive fireworks. A beloved community event since 1965
Wells Beach Pow Wow – Wells (July 19–20)
Experience vibrant Native American culture with traditional drumming, dancing, arts, crafts, and food at Wells Harbor Park. Open to the public and rich in cultural significance, it’s a meaningful and engaging event for visitors.
