M
aine's real estate market may be experiencing a slight slowdown, but home prices are still on the rise. According to Redfin, the median price for a home in Maine has reached $381,200, a 5.1% increase from last year. This trend is evident even in areas where inventory levels have increased.

    A closer look at the state's most competitive markets reveals some surprising towns that are attracting buyers. Here are the top five:

    South Berwick stands out as a hidden gem, with a median sale price of $545,000 - a 28.2% jump from last year. However, the price per square foot has decreased by 4.1%, suggesting larger homes may be the norm.

    North Windham is experiencing explosive growth, with a median sale price of $410,000 and a 34.9% increase in price per square foot. This trend indicates that buyers are willing to pay top dollar for properties in this area.

    Cumberland Center's market has cooled down slightly, but homes are still selling quickly - in just 7 days on average. The median sale price is $585,000, a 22% decrease from last year.

    Gorham's median home price dipped by 1.8%, but demand remains strong. This town continues to be one of the most sought-after places to live.

    Lewiston saw an 8.1% price increase, reaching a median of $300,000. Although sales decreased slightly, this trend suggests that buyers are still eager to purchase properties in this area.

    The takeaway is clear: even in areas where prices may be decreasing, homes are moving quickly and demand remains high. Maine's real estate market is still thriving, despite its increasing popularity and rising home prices.