The story of this market
The typical home in Westbrook, Maine sells for about $517,158, or $303 per square foot.
Prices are up +3.6% from a year ago, so sellers still have some momentum. Homes take about 27 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,100 a month.
Monthly price momentum
Home values since 2015
+6.8%
ME · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Westbrook, Maine
Westbrook's housing market remains resilient, characterized by steady price appreciation and high demand relative to inventory. The ongoing development of the Rock Row area continues to drive interest, though buyers are increasingly sensitive to interest rate fluctuations. Overall, the market is balanced, with strong fundamentals supported by the city's growing economic base.
No ARED county foreclosure postings attributed to Westbrook yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 0.4% year over year.
Homes spend a median of 43 days on market with 3.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0.73% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 8.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A vital waterway offering extensive recreational opportunities including kayaking, fishing, and scenic walking trails that connect various parts of the city.
A central community park located in the heart of the city, providing green space for events, picnics, and leisure activities along the riverfront.
A major redevelopment project featuring a variety of retail, dining, and entertainment venues, serving as a modern anchor for the city's commercial activity.
Westbrook is an ideal fit for young families and professionals who work in the Greater Portland area but seek more attainable housing prices. It also attracts investors looking for stable rental demand and downsizers who appreciate the city's blend of suburban convenience and access to natural riverfront amenities.
The Westbrook School Department provides a comprehensive public education system that is generally well-regarded for its community-focused approach. Schools are characterized by moderate class sizes and a commitment to diverse student support services, though performance metrics vary by individual campus.
The city is well-connected via major highway corridors including I-95 and Route 302, facilitating efficient commutes to Portland and surrounding areas. Public transit options are available, though the city remains largely car-dependent for daily commuting.
Westbrook offers a robust amenity base centered on the Presumpscot River, which provides extensive opportunities for kayaking, fishing, and trail-based recreation. Riverbank Park serves as a central community gathering space, while the Rock Row development has introduced modern retail, dining, and entertainment options that significantly enhance the city's lifestyle appeal.
The rental market in Westbrook is characterized by high demand and low vacancy rates, driven by its proximity to Portland and the influx of new residents. Rent trajectories have trended upward, with a mix of traditional apartment complexes and smaller multi-family units, though short-term rental activity remains subject to local regulatory oversight.
Westbrook's economy is diverse, anchored by a mix of manufacturing, healthcare, and retail sectors. The city benefits from its strategic location within the Portland metropolitan area, attracting both established businesses and new corporate investment.
Westbrook is experiencing significant economic momentum driven by the redevelopment of the Rock Row area into a major mixed-use hub. The city serves as a key employment center in Cumberland County, attracting corporate investment and infrastructure upgrades that support a growing residential base.
Development planning is currently focused on the continued build-out of the Rock Row district and the revitalization of the downtown core. These projects aim to increase housing density and commercial tax revenue while improving local infrastructure.
Parcels in Westbrook are subject to standard municipal property taxes and school district levies. There are no significant MUD or PID districts, though specific utility districts may apply to certain commercial or industrial zones.
Westbrook maintains a crime rate generally consistent with regional averages for mid-sized Maine cities, with property crime being the primary concern. Local law enforcement actively monitors trends, and the city is often viewed as a safer, more affordable alternative to neighboring Portland.
The city faces standard New England climate risks, including winter storm impacts and potential flooding along the Presumpscot River corridor. Property insurance remains stable, though owners in low-lying areas near the river are typically required to carry flood insurance.
Property insurance in Westbrook is generally stable, with premiums reflecting standard regional risks. Hazard exposure is primarily limited to seasonal weather events, and the market remains competitive for residential coverage.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and ACS 5-year estimates.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.