Maine · as of September 2026
What counts as luxury real estate in Maine
The convention this site uses
In Maine, this site treats homes at $1M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.
Maine's luxury markets by home value
Zillow Home Value Index, typical middle-tier home, latest month.
| Market | Median value | Ranked agents |
|---|---|---|
| Kennebunkport | $1,097,000 | 10 |
| Ogunquit | $929,000 | 10 |
| Portland | $445,000 | 10 |
What changes at this price in Maine
Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.
- Transfer and mansion taxes
- Maine's real estate transfer tax is $2.20 per $500 of value, which is 0.44 percent of the price, and it is split equally between buyer and seller. Source
- Agency and dual agency
- Maine permits disclosed dual agency and appointed agency only with the written consent of both parties, and a licensee without a written agency agreement acts as a transaction broker. Source
- Seller disclosure
- Maine sellers of residential property must deliver a written property disclosure statement covering water supply, wastewater, heating, hazardous materials, and known defects before the buyer makes an offer. Source
- State estate or inheritance tax
- Maine levies its own estate tax on estates above a $7 million exemption for 2025 deaths, with graduated rates of 8, 10, and 12 percent. Source