House Prices

Downtown Island Falls Island Falls, ME House Prices & Home Values 2026


Average Data

average house price$134,859
average size per house1420 ft²
average price per ft²92 $ / ft²

05/31/2026 - The value range (VR) for house prices in Downtown Island Falls Island Falls, ME is $87.4/ sqft to $96.6/ sqft. An average home with 1420 sqft costs approximately $119,765 to $132,371. Island Falls, ME includes 1 ZIP codes and it is located in Aroostook county. The lowest prices are found in ZIP 04747, while the highest are in ZIP 04747. The average price per sqare feet is $92. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Downtown Island Falls Island Falls

0474792 $ / ft²




Historical development of home values in Downtown Island Falls Island Falls

Year Estimated value (USD) Change vs. 2025
2010 $62,631 -53.6%
2011 $60,209 -55.4%
2012 $60,047 -55.5%
2013 $62,291 -53.8%
2014 $65,389 -51.5%
2015 $68,745 -49.0%
2016 $72,332 -46.4%
2017 $76,236 -43.5%
2018 $80,451 -40.3%
2019 $84,181 -37.6%
2020 $88,533 -34.4%
2021 $100,697 -25.3%
2022 $117,390 -13.0%
2023 $123,793 -8.2%
2024 $130,955 -2.9%
2025 $134,859 0.0%

Graph: estimated home values in Downtown Island Falls Island Falls over time (USD)



Example: 100% financing house in Downtown Island Falls Island Falls

Loan amount: $134,859

Interest rate: 5.79%

Fixed monthly payment: $790.43

Breakdown in the 1st month:
Interest portion: $650.69  –  Principal portion: $139.74

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $7,763.11 $1,722.05 $133,136.95
2 $7,660.72 $1,824.45 $131,312.49
3 $7,552.23 $1,932.94 $129,379.56
4 $7,437.30 $2,047.87 $127,331.69
5 $7,315.53 $2,169.64 $125,162.05
6 $7,186.52 $2,298.65 $122,863.40
7 $7,049.84 $2,435.33 $120,428.07
8 $6,905.03 $2,580.14 $117,847.93
9 $6,751.61 $2,733.56 $115,114.37
10 $6,589.07 $2,896.10 $112,218.27
11 $6,416.86 $3,068.31 $109,149.96
12 $6,234.42 $3,250.75 $105,899.21
13 $6,041.12 $3,444.05 $102,455.16
14 $5,836.33 $3,648.84 $98,806.33
15 $5,619.37 $3,865.80 $94,940.53
16 $5,389.50 $4,095.67 $90,844.86
17 $5,145.97 $4,339.20 $86,505.66
18 $4,887.95 $4,597.22 $81,908.44
19 $4,614.59 $4,870.57 $77,037.87
20 $4,324.98 $5,160.19 $71,877.68
21 $4,018.15 $5,467.02 $66,410.66
22 $3,693.07 $5,792.10 $60,618.57
23 $3,348.67 $6,136.50 $54,482.06
24 $2,983.78 $6,501.39 $47,980.67
25 $2,597.20 $6,887.97 $41,092.70
26 $2,187.63 $7,297.54 $33,795.16
27 $1,753.71 $7,731.46 $26,063.70
28 $1,293.98 $8,191.19 $17,872.52
29 $806.92 $8,678.25 $9,194.27
30 $290.90 $9,194.27 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Downtown Island Falls Island Falls, ME


1500 sqft3900 sqft
Ø selling price$161,136$342,780
Ø fast selling$146,487$308,502
Ø high price sale$175,785$377,058

In 2026, houses in Downtown Island Falls Island Falls, ME will be offered at an average price of $92 per square foot. A 1,500 sqft home priced at $161,136 is 22.20% more expensive per square foot than a 3,900 sqft home priced at $342,780. Home prices in Downtown Island Falls Island Falls, ME vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $237,309. Sellers who can wait longer may achieve a higher price of up to $290,045.


Downtown Island Falls, Maine

Downtown Island Falls in Island Falls, ME anchors a classic Aroostook County village center with walkable blocks and friendly, small-town energy. Set near the Mattawamkeag River and area lakes, the neighborhood blends historic character with convenient access to the outdoors. Visitors and residents appreciate restored facades, vintage storefronts, and a pace that encourages lingering on Main Street.


Local Businesses and Dining

Locally owned shops, cafes, and services in Downtown Island Falls support daily needs while showcasing Maine-made goods and hometown hospitality. Seasonal events and community gatherings create steady foot traffic that keeps the district vibrant throughout the year.


Outdoor Recreation

Outdoor enthusiasts use Downtown Island Falls as a launch point for paddling the Mattawamkeag, fishing nearby lakes, and exploring groomed snowmobile trails. Golfers head to the Va Jo Wa Golf Club just minutes away, where scenic fairways highlight the area?s rolling terrain. Day trips to the Katahdin region and Katahdin Woods and Waters National Monument add even more hiking, wildlife, and dark-sky stargazing.


Living and Accessibility

Housing near the center ranges from historic homes to modest in-town properties, offering real estate options with value, character, and walkability. Easy access to I-95, dependable local services, and year-round recreation make Downtown Island Falls a smart choice for living, weekend getaways, and investment.



FAQ – Home Values in Downtown Island Falls Island Falls

What is the median home value in Downtown Island Falls Island Falls in 2026?

In 2026, the typical home value in Downtown Island Falls Island Falls is about $134,859 for an average home size of 1420 square feet. This corresponds to an average price of roughly $92 per square foot.

What is the average cost per square foot in Downtown Island Falls Island Falls?

In 2026, homes in Downtown Island Falls Island Falls sell for an average of around $92 per square foot, with a typical range between $87.4 and $96.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown Island Falls?

The average home size in Downtown Island Falls Island Falls is about 1420 square feet, with an estimated 2026 value around $134,859.



Neighborhoods close to Downtown Island Falls Island Falls, ME

Jemtland New Sweden, ME79 $ / ft²
Downtown Presque Isle Presque Isle, ME77 $ / ft²
Sherman Mills Sherman, ME81 $ / ft²
Lille Grand Isle, ME102 $ / ft²
Upper Frenchville Frenchville, ME38 $ / ft²
Daigle Fort Kent, ME97 $ / ft²




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