2

East Deering Homes for Sale

Section Image
  • /17

    $199,000

    • Land
    • 0.09 Acre
    • $2,211,111 per Acre

    9-11 Bismark St, Portland, ME 04103

    Build Your Dream in East Deering's Hidden Gem.Welcome to 9-11 Bismarck Street, nestled in Portland's coveted East Deering neighborhood — one of the city's most up-and-coming and trendsetting enclaves, with a bright future for decades to come.This buildable lot offers an unbeatable blend of walkability, nature, and city convenience. Stroll to Baxter Boulevard, Payson Park, and the Longfellow

    Tom Landry Benchmark Real Estate

    9-11 Bismark St, Portland, ME 04103
  • /50

    $660,000

    • 2 Baths
    • 1,764 Sq Ft

    121 Providence St, Portland, ME 04103

    Seller offering a RATE BUY DOWN! This lovely duplex in Portland's East Deering neighborhood is a great fit for investors, live in one unit and rent the other, or have a family compound. Each unit has 2 bedrooms and 1 full bathroom, plus washer and dryer hookups in the bathroom. If your an owner occupant the Portland rent control rules are more lenient than if it was a non owner occupied.

    John Krouse EXP Realty

    121 Providence St, Portland, ME 04103

Why Live in East Deering

East Deering, located in Portland, is an easternmost neighborhood experiencing significant transformation. The upcoming Roux Institute, a graduate research campus for Northeastern University, will bring a new public waterfront and retail options to the area. Despite these changes, East Deering maintains a slower pace compared to downtown Portland, which is just 10 to 15 minutes away by car. The neighborhood features a mix of home styles, including Foursquare, Victorian, Italianate, Cape Cods, Colonial Revivals, and modern condos. Payson Park, a 48-acre green space along Back Cove, offers tree-lined paths, sporting facilities, and year-round activities for families. Local dining options on Veranda Street include Veranda Thai Cuisine, Other Side Diner, and The Grateful Cup, while gourmet groceries can be found at Monte’s Fine Foods and Shaw’s. East Deering is somewhat walkable and bikeable, with trails connecting to the peninsula, but most residents rely on cars for transportation. The neighborhood is served by Greater Portland Metro buses and is about 20 minutes from the Portland International Jetport.

Frequently Asked Questions

Is East Deering a good place to live?
East Deering is a good place to live, receiving 4.1 stars from its residents. East Deering is considered very car-dependent and somewhat bikeable with some transit options. East Deering has 5 parks for recreational activities. It is fairly sparse in population with 5.5 people per acre and a median age of 39. The average household income is $84,727 which is below the national average. College graduates make up 55% of residents. A majority of residents in East Deering are renters, with 53.8% of residents renting and 46.2% of residents owning their home. A local real estate agent serving East Deering can help you decide if this neighborhood is the right one for you. Learn more on our East Deering neighborhood guide.
Is East Deering, ME a safe neighborhood?
East Deering, ME is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in East Deering?
The median home price in East Deering is $503,960. If you put a 20% down payment of $100,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,610 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $112K a year to afford the median home price in East Deering. The average household income in East Deering is $85K.
What are the best public schools in East Deering?
The best public schools that serve East Deering are:
What are the best private schools in East Deering?
The best private schools that serve East Deering are:
What are the most popular zip codes in East Deering, Portland, ME?
The most popular zip codes in East Deering, Portland, ME include 04103, 04105, 04101, 04108 and 04102.
What are the most popular neighborhoods near East Deering, Portland, ME?
The most popular neighborhoods near East Deering, Portland, ME are North Deering, Back Cove, Pleasant Hill-Falmouth, East Bayside and East End.

Home Trends in East Deering, ME

Housing Trends

Median Sale Price
$474,365
Median Single Family Sale Price
$465,740
Median Townhouse Sale Price
$1,537,385
Average Price Per Sq Ft
$320
Number of Homes for Sale
2
Last 12 months Home Sales
20
Months of Supply
1.20
Median List Price
$503,960
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
51%
How to Buy a Home How to Finance a Home How to Sell a Home