M
aine's reputation as "Vacationland" is being tested by a new reality: second-homeowners are abandoning ship. The state's coastal and lakeside properties, once the epitome of luxury and relaxation, are now facing an uncertain future.

    As economic uncertainty looms, homeowners are cashing out on their second homes in droves. Local agents report that the tide is turning, with more sellers than buyers flooding the market. "With economic volatility on the horizon, people want liquidity," says Tom Landry, a Portland-based real estate agent. "They're looking for comfort and security."

    The numbers bear this out: Maine's active listings surged by 27% in March compared to last year, according to Realtor.com. Year-over-year listings spiked in popular areas like Portland and Cape Elizabeth, suggesting increased market activity.

    For buyers, the current market is a buyer's paradise – but only if they're prepared. "This is the best market we've seen in years," Landry notes. "But buyers need a strategy; not everything is flying off the shelf." With median home sale prices in York County increasing by 34% between 2022 and 2025, homeowners who bought just a few years ago could reap six-figure gains while the market remains healthy.