House Prices

Ram Island Farm Cape Elizabeth, ME House Prices & Home Values 2026


Average Data

average house price$752,108
average size per house1975 ft²
average price per ft²366 $ / ft²

05/20/2026 - The value range (VR) for house prices in Ram Island Farm Cape Elizabeth, ME is $347.7/ sqft to $384.3/ sqft. An average home with 1975 sqft costs approximately $659,926 to $729,392. Cape Elizabeth, ME includes 1 ZIP codes and it is located in Cumberland county. The lowest prices are found in ZIP 04107, while the highest are in ZIP 04107. The average price per sqare feet is $366. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes Ram Island Farm Cape Elizabeth

04107360 $ / ft²




Historical development of home values in Ram Island Farm Cape Elizabeth

Year Estimated value (USD) Change vs. 2025
2010 $349,293 -53.6%
2011 $335,785 -55.4%
2012 $334,881 -55.5%
2013 $347,398 -53.8%
2014 $364,672 -51.5%
2015 $383,389 -49.0%
2016 $403,397 -46.4%
2017 $425,170 -43.5%
2018 $448,675 -40.3%
2019 $469,480 -37.6%
2020 $493,749 -34.4%
2021 $561,587 -25.3%
2022 $654,684 -13.0%
2023 $690,395 -8.2%
2024 $730,335 -2.9%
2025 $752,108 0.0%

Graph: estimated home values in Ram Island Farm Cape Elizabeth over time (USD)



Example: 100% financing house in Ram Island Farm Cape Elizabeth

Loan amount: $752,108

Interest rate: 5.77%

Fixed monthly payment: $4,396.75

Breakdown in the 1st month:
Interest portion: $3,613.88  –  Principal portion: $782.87

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $43,114.26 $9,646.69 $742,461.31
2 $42,543.09 $10,217.86 $732,243.45
3 $41,938.11 $10,822.84 $721,420.61
4 $41,297.30 $11,463.65 $709,956.96
5 $40,618.56 $12,142.39 $697,814.57
6 $39,899.63 $12,861.32 $684,953.25
7 $39,138.13 $13,622.82 $671,330.43
8 $38,331.54 $14,429.41 $656,901.02
9 $37,477.20 $15,283.75 $641,617.27
10 $36,572.27 $16,188.68 $625,428.59
11 $35,613.76 $17,147.19 $608,281.40
12 $34,598.50 $18,162.45 $590,118.96
13 $33,523.13 $19,237.82 $570,881.14
14 $32,384.09 $20,376.86 $550,504.28
15 $31,177.61 $21,583.34 $528,920.94
16 $29,899.69 $22,861.26 $506,059.68
17 $28,546.11 $24,214.84 $481,844.84
18 $27,112.39 $25,648.56 $456,196.28
19 $25,593.77 $27,167.18 $429,029.10
20 $23,985.25 $28,775.70 $400,253.40
21 $22,281.48 $30,479.47 $369,773.93
22 $20,476.84 $32,284.11 $337,489.82
23 $18,565.34 $34,195.60 $303,294.22
24 $16,540.67 $36,220.27 $267,073.94
25 $14,396.13 $38,364.82 $228,709.12
26 $12,124.60 $40,636.34 $188,072.78
27 $9,718.59 $43,042.36 $145,030.42
28 $7,170.11 $45,590.83 $99,439.58
29 $4,470.75 $48,290.20 $51,149.39
30 $1,611.56 $51,149.39 $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 Ram Island Farm Cape Elizabeth, ME


1500 sqft3900 sqft
Ø selling price$638,383$1,358,015
Ø fast selling$580,348$1,222,213
Ø high price sale$696,418$1,493,816

In 2026, houses in Ram Island Farm Cape Elizabeth, ME will be offered at an average price of $366 per square foot. A 1,500 sqft home priced at $638,383 is 22.10% more expensive per square foot than a 3,900 sqft home priced at $1,358,015. Home prices in Ram Island Farm Cape Elizabeth, 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 $940,164. Sellers who can wait longer may achieve a higher price of up to $1,149,089.


Ram Island Farm, Cape Elizabeth, ME

Location and Lifestyle

Ram Island Farm is a coastal neighborhood in Cape Elizabeth, Maine known for sweeping fields, woodlands, and rocky shoreline.
Set just southeast of Portland, it combines a quiet rural feel with quick access to urban amenities and highly rated Cape Elizabeth schools. Residents live minutes from Crescent Beach State Park, Kettle Cove, and Two Lights State Park for year-round coastal enjoyment. The setting blends Maine?s maritime heritage with a serene, low-density lifestyle that appeals to nature lovers and discerning homebuyers.

Nature and Recreation

Expansive meadows, salt marsh vistas, and forested lanes frame scenic drives and peaceful evening walks. Nearby preserves, the Spurwink River, and the Atlantic shoreline offer kayaking, photography, and unforgettable sunrise views.
Abundant wildlife, classic stone walls, and ocean breezes create a quintessential Cape Elizabeth coastal atmosphere.

Homes and Real Estate

Ram Island Farm real estate typically features custom homes on larger lots, emphasizing privacy, craftsmanship, and connection to the land. Buyers often see elegant coastal architecture, room for gardens or small orchards, and timeless New England materials like cedar and granite.
With scenic beauty, accessible recreation, and a convenient commute to Portland, this coveted Ram Island Farm address in Cape Elizabeth, ME offers exceptional long-term value.



FAQ – Home Values in Ram Island Farm Cape Elizabeth

What is the median home value in Ram Island Farm Cape Elizabeth in 2026?

In 2026, the typical home value in Ram Island Farm Cape Elizabeth is about $752,108 for an average home size of 1975 square feet. This corresponds to an average price of roughly $366 per square foot.

What is the average cost per square foot in Ram Island Farm Cape Elizabeth?

In 2026, homes in Ram Island Farm Cape Elizabeth sell for an average of around $366 per square foot, with a typical range between $347.7 and $384.3 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Ram Island Farm?

The average home size in Ram Island Farm Cape Elizabeth is about 1975 square feet, with an estimated 2026 value around $752,108.



Neighborhoods close to Ram Island Farm Cape Elizabeth, ME

Peaks Island Village Peaks Island, ME377 $ / ft²
Wildwood Cumberland Foreside, ME332 $ / ft²
New Auburn Auburn, ME101 $ / ft²
Ferry Village South Portland, ME246 $ / ft²
Falmouth Foreside Falmouth, ME249 $ / ft²
Walnut Hill North Yarmouth, ME226 $ / ft²
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