Market Summary

New Portland, Somerset County, ME

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Median Home Price Price

$197,987 $198K

Median Monthly Rent Rent

$437 $437

GRM

37.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Somerset County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within ME outside of Somerset County

Region Price Rent GRM Display
$154,316 $604 21.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of ME

Region Price Rent GRM Display
$298,040 $1,690 15.0x
$216,647 $474 38.0x
$278,318 $1,142 20.0x
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$630,970 $1,872 28.0x
$276,005 $1,628 14.0x
$179,367 $413 36.0x
$355,047 $1,668 18.0x
$284,999 $436 54.0x
$331,713 $1,013 27.0x
$267,963 $1,585 14.0x
$728,637 $1,491 41.0x
$256,372 $1,425 15.0x
$172,518 $598 24.0x
$628,729 $1,481 35.0x
$272,311 $1,512 15.0x
$129,814 $605 18.0x
$837,149 $1,961 35.0x
$212,383 $1,199 15.0x
$286,080 $406 59.0x
$268,400 $1,520 15.0x
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$773,191 $1,630 39.0x
$511,749 $1,033 41.0x
$301,099 $1,259 20.0x
$161,913 $431 31.0x
$229,710 $1,208 16.0x
$289,135 $579 42.0x
$333,936 $968 29.0x
$382,218 $1,135 28.0x
$230,882 $1,199 16.0x
$1,089,487 $2,480 37.0x
$307,512 $1,280 20.0x
$254,943 $1,206 18.0x
$203,860 $617 28.0x
$436,141 $1,107 33.0x
$566,221 $1,263 37.0x
$207,971 $555 31.0x
$209,676 $1,631 11.0x
$117,583 $715 14.0x
$440,937 $1,273 29.0x

Home prices

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Monthly rent

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GRM

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New Portland

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Trend Insights

Median Rent in New Portland, ME is $437, with MoM change +$3 and YoY change +$25 pointing to positive momentum while volatility is low (std $6).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New Portland, ME.

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Metric
Base market New Portland, ME
Compare market Select a market
Delta vs base
Median rent
$437
N/A
Median price
$197,987
N/A
YoY change
+$25
N/A
Price-to-rent
37.8x
Data unavailable
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