House Prices

Mackerel Cove Bailey Island, ME House Prices & Home Values 2026


Average Data

average house price$1,648,500
average size per house4561 ft²
average price per ft²341 $ / ft²

05/21/2026 - The value range (VR) for house prices in Mackerel Cove Bailey Island, ME is $323.95/ sqft to $358.05/ sqft. An average home with 4561 sqft costs approximately $1,391,839 to $1,538,349. Bailey Island, ME includes 1 ZIP codes and it is located in Cumberland county. The lowest prices are found in ZIP 04003, while the highest are in ZIP 04003. The average price per sqare feet is $341. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Mackerel Cove Bailey Island

04003342 $ / ft²




Historical development of home values in Mackerel Cove Bailey Island

Year Estimated value (USD) Change vs. 2025
2010 $765,593 -53.6%
2011 $735,988 -55.4%
2012 $734,006 -55.5%
2013 $761,441 -53.8%
2014 $799,303 -51.5%
2015 $840,327 -49.0%
2016 $884,181 -46.4%
2017 $931,903 -43.5%
2018 $983,424 -40.3%
2019 $1,029,024 -37.6%
2020 $1,082,220 -34.4%
2021 $1,230,908 -25.3%
2022 $1,434,962 -13.0%
2023 $1,513,234 -8.2%
2024 $1,600,777 -2.9%
2025 $1,648,500 0.0%

Graph: estimated home values in Mackerel Cove Bailey Island over time (USD)



Example: 100% financing house in Mackerel Cove Bailey Island

Loan amount: $1,648,500

Interest rate: 5.65%

Fixed monthly payment: $9,517.82

Breakdown in the 1st month:
Interest portion: $7,764.43  –  Principal portion: $1,753.38

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $92,619.52 $21,594.28 $1,626,905.72
2 $91,366.89 $22,846.91 $1,604,058.81
3 $90,041.60 $24,172.20 $1,579,886.61
4 $88,639.43 $25,574.36 $1,554,312.25
5 $87,155.93 $27,057.87 $1,527,254.39
6 $85,586.37 $28,627.42 $1,498,626.97
7 $83,925.77 $30,288.02 $1,468,338.94
8 $82,168.84 $32,044.95 $1,436,293.99
9 $80,310.00 $33,903.80 $1,402,390.20
10 $78,343.33 $35,870.47 $1,366,519.73
11 $76,262.58 $37,951.22 $1,328,568.51
12 $74,061.13 $40,152.67 $1,288,415.84
13 $71,731.98 $42,481.82 $1,245,934.02
14 $69,267.72 $44,946.08 $1,200,987.94
15 $66,660.51 $47,553.28 $1,153,434.66
16 $63,902.07 $50,311.73 $1,103,122.94
17 $60,983.62 $53,230.18 $1,049,892.76
18 $57,895.88 $56,317.92 $993,574.84
19 $54,629.02 $59,584.78 $933,990.06
20 $51,172.66 $63,041.13 $870,948.93
21 $47,515.81 $66,697.98 $804,250.95
22 $43,646.84 $70,566.96 $733,683.99
23 $39,553.43 $74,660.36 $659,023.63
24 $35,222.58 $78,991.22 $580,032.41
25 $30,640.51 $83,573.29 $496,459.12
26 $25,792.64 $88,421.16 $408,037.97
27 $20,663.56 $93,550.24 $314,487.73
28 $15,236.95 $98,976.84 $215,510.89
29 $9,495.57 $104,718.23 $110,792.66
30 $3,421.14 $110,792.66 $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 Mackerel Cove Bailey Island, ME


1500 sqft3900 sqft
Ø selling price$583,018$1,240,239
Ø fast selling$530,017$1,116,215
Ø high price sale$636,020$1,364,262

In 2026, houses in Mackerel Cove Bailey Island, ME will be offered at an average price of $341 per square foot. A 1,500 sqft home priced at $583,018 is 21.67% more expensive per square foot than a 3,900 sqft home priced at $1,240,239. Home prices in Mackerel Cove Bailey Island, 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 $858,627. Sellers who can wait longer may achieve a higher price of up to $1,049,433.


Explore Mackerel Cove, Bailey Island, ME

Overview

Nestled on Bailey Island in Harpswell, Maine, Mackerel Cove is a sheltered working harbor celebrated for its postcard-perfect views. Travelers seek out Mackerel Cove, Bailey Island, ME for its calm waters, classic lobster shacks, and authentic Midcoast Maine charm.


Scenic Beauty and Activities

From sunrise to sunset, the cove frames colorful lobster boats, weathered wharves, and sweeping vistas ideal for photography. Families enjoy the small beach and tidepooling, while paddlers launch kayaks to explore Casco Bay?s rocky shoreline. Picnic tables and grassy knolls invite relaxed afternoons, and nearby trails offer short coastal walks with ocean breezes.


Local Culture and History

As an active fishing harbor, the cove reflects Bailey Island?s maritime heritage, with traps, buoys, and the scent of fresh-caught seafood. Seasonal events, local art, and dockside markets add a welcoming community feel without overwhelming the peaceful setting.


Visiting Tips and Logistics

Parking can be limited in peak summer, so arrive early or visit on weekdays for a quieter experience. Plan a stop at sunset when golden light paints the water and granite ledges, creating unforgettable coastal panoramas. With easy access from Brunswick and Portland, Mackerel Cove pairs perfectly with a day trip through Harpswell?s scenic byways.



FAQ – Home Values in Mackerel Cove Bailey Island

What is the median home value in Mackerel Cove Bailey Island in 2026?

In 2026, the typical home value in Mackerel Cove Bailey Island is about $1,648,500 for an average home size of 4561 square feet. This corresponds to an average price of roughly $341 per square foot.

What is the average cost per square foot in Mackerel Cove Bailey Island?

In 2026, homes in Mackerel Cove Bailey Island sell for an average of around $341 per square foot, with a typical range between $323.95 and $358.05 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Mackerel Cove?

The average home size in Mackerel Cove Bailey Island is about 4561 square feet, with an estimated 2026 value around $1,648,500.



Neighborhoods close to Mackerel Cove Bailey Island, ME

Downtown Biddeford Biddeford, ME423 $ / ft²
Fletcher Neck Biddeford Pool, ME2663 $ / ft²
West Bridgton Bridgton, ME369 $ / ft²
North Alfred Alfred, ME141 $ / ft²
Mousam Lake Acton, ME359 $ / ft²
Stage Neck York Harbor, ME239 $ / ft²
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