Maine has experienced the most significant increase in median home prices of any state since 2019, jumping from $219,000 to $391,000 in five years.
The Pine Tree State's population growth has remained stagnant at 0.32% since 2008, showcasing that high home prices can occur despite minimal population influx.
Augusta, Maine's capital, saw the most dramatic change in real estate prices, reflecting a growing trend of interest in Northern New England.
Louisiana remains the most affordable state for homebuyers with a median home price of $254,000, likely due to low competition with only 13% selling over list price.
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