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Portland is located in the southwestern part of the state of Maine and a city and seat of Cumberland County, and is considered to be Maine's largest city and is also the hub of a metropolitan area. Portland was established on the more significant part of two hilly peninsulas that are overlooking the Casco Bay and along its many islands that surround it. The area where the present-day Portland was first settled by the Englishmen Richard Tucker and George Cleeve in 1633. During the community's early years of the settlement, it has been called several names, which include Machigonne, Indigreat, Elbow, The Neck, Casco, and Falmouth. The area was then raided by the Indians in 1676 and by the French and Indians in 1690. It was then bombarded and burned by the British in 1775 and was later rebuilt and incorporated in 1786. At present, the city's economy is mainly in fishing, shipping, and commercial activities that are supplemented by the manufacturing industries.

Home Prices

AVERAGE
636,947 +19%
MEDIAN
516,601 +15%

Relative Price (per sqft.)

PRICE
345 +6%

Listings

ACTIVE
126 -29%
NEW
68 -24%

Market Duration

DAYS
51 +36%
Population 66,318 (3.20%)
House Size (sqft.) 1,466 (-1.09%)