Why Maine's Market Still Belongs to Boomers 
And what it means for everyone else.

In Maine, we’re no strangers to timeless homes and multi-generational living. With one of the oldest populations and oldest housing stocks in the country, our real estate landscape has a story to tell—often one with original wide-plank floors and a wood stove that’s seen more winters than most of us.

According to the latest national data, baby boomers have once again become the largest share of homebuyers. And here in Maine, it tracks. Boomers not only own the majority of homes in the state, they’re also more likely to buy again—downsizing, relocating, or moving closer to services and community.

This shift affects all of us.
It influences inventory, pricing, and how homes are updated—or not. Many of Maine’s homes were built before 1940, and while they’re rich in character, they often need updates to suit modern lifestyles.

But there’s beauty in this challenge.
It’s an opportunity to think creatively about space, stewardship, and connection.
Whether it’s multigenerational living, thoughtful renovation, or planning ahead for a future move, Maine remains a place where people want to stay rooted.
 

 

 

Image Source: NAR

At Dwelling in Maine, we believe real estate is more than transactions. It’s about lifestyle, legacy, and finding (or keeping) the right fit—whether you’re passing a home down or just settling in.

Love where you dwell. And understand why it matters.