Why Live in Cash Corner
Cash Corner in South Portland offers a blend of commercial, residential, and industrial spaces, reflecting its 19th-century origins. The neighborhood's namesake comes from early 1800s businessmen A.J. Cash and George Washington Cash, whose stores once stood at the intersection of Broadway and Main. Today, U.S. Route 1 provides easy access to nearby parks, stores, and restaurants. The area features a variety of home styles, including New Englanders, bungalows, ranch-style homes, Cape Cods, and new traditional houses with colonial influences. Properties are closely spaced, fostering a tight-knit community atmosphere. Local highlights include one of Maine's last Dairy Queens, the family-owned Caribbean Taste restaurant, and Modestman Maine brewing company. For shopping, residents can visit Hannaford, Lowe’s, Target, and Walmart, all within 4 miles. Mill Creek Park, 2 miles away, hosts seasonal events like the summer concert series and Annual Arts in the Park. Recreational options include Willard Beach, South Portland Municipal Golf Course, and a community center with a gym, indoor pool, and skate park. Despite increased traffic and noise from industrial buildings and Route 1, the neighborhood's connectivity is a perk, with downtown Portland, I-95, and Portland International Jetport all within 4 miles.
Frequently Asked Questions
Is Cash Corner a good place to live?
Cash Corner is a good place to live. Cash Corner is considered car-dependent and bikeable with minimal transit options. Cash Corner is a suburban neighborhood. Cash Corner has 6 parks for recreational activities. It is sparse in population with 2.3 people per acre and a median age of 38. The average household income is $84,154 which is below the national average. College graduates make up 31.3% of residents. A majority of residents in Cash Corner are home owners, with 28.9% of residents renting and 71.1% of residents owning their home. A
local real estate agent serving Cash Corner can help you decide if this neighborhood is the right one for you. Learn more on our
Cash Corner neighborhood guide.
How much do you need to make to afford a house in Cash Corner?
The median home price in Cash Corner is $467,500. If you put a 20% down payment of $93,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,310 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Cash Corner. The average household income in Cash Corner is $84K.
What are the best public schools in Cash Corner?
The best public schools that serve Cash Corner are:
What are the best private schools in Cash Corner?
The best private schools that serve Cash Corner are:
What are the most popular zip codes in Cash Corner, South Portland, ME?
What are the most popular neighborhoods near Cash Corner, South Portland, ME?
Are home prices dropping in Cash Corner?
Yes, home prices in Cash Corner are down 7% in the last 12 months.
Home Trends in Cash Corner, ME
On average, homes in Cash Corner, South Portland sell after 35 days on the market compared to the national average of 52 days. The median sale price for homes in Cash Corner, South Portland over the last 12 months is $425,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$425,000
Median Single Family Sale Price
$430,000
Median 2 Bedroom Sale Price
$838,900
Average Price Per Sq Ft
$359
Number of Homes for Sale
5
Last 12 months Home Sales
7
Median List Price
$467,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-15%
