House Prices

Backshore Peaks Island, ME House Prices & Home Values 2026


Average Data

average house price$579,087
average size per house1585 ft²
average price per ft²371 $ / ft²

05/20/2026 - The value range (VR) for house prices in Backshore Peaks Island, ME is $352.45/ sqft to $389.55/ sqft. An average home with 1585 sqft costs approximately $567,013 to $626,699. Peaks Island, ME includes 1 ZIP codes and it is located in Cumberland county. The lowest prices are found in ZIP 04108, while the highest are in ZIP 04108. The average price per sqare feet is $371. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Backshore Peaks Island

04108371 $ / ft²




Historical development of home values in Backshore Peaks Island

Year Estimated value (USD) Change vs. 2025
2010 $268,938 -53.6%
2011 $258,539 -55.4%
2012 $257,843 -55.5%
2013 $267,480 -53.8%
2014 $280,780 -51.5%
2015 $295,191 -49.0%
2016 $310,596 -46.4%
2017 $327,360 -43.5%
2018 $345,458 -40.3%
2019 $361,477 -37.6%
2020 $380,163 -34.4%
2021 $432,395 -25.3%
2022 $504,075 -13.0%
2023 $531,571 -8.2%
2024 $562,323 -2.9%
2025 $579,087 0.0%

Graph: estimated home values in Backshore Peaks Island over time (USD)



Example: 100% financing house in Backshore Peaks Island

Loan amount: $579,087

Interest rate: 6.09%

Fixed monthly payment: $3,505.50

Breakdown in the 1st month:
Interest portion: $2,938.87  –  Principal portion: $566.63

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $35,073.36 $6,992.61 $572,094.39
2 $34,635.42 $7,430.55 $564,663.84
3 $34,170.05 $7,895.92 $556,767.92
4 $33,675.54 $8,390.43 $548,377.49
5 $33,150.05 $8,915.92 $539,461.57
6 $32,591.66 $9,474.31 $529,987.26
7 $31,998.29 $10,067.68 $519,919.58
8 $31,367.76 $10,698.20 $509,221.38
9 $30,697.75 $11,368.22 $497,853.16
10 $29,985.77 $12,080.20 $485,772.95
11 $29,229.20 $12,836.77 $472,936.18
12 $28,425.24 $13,640.73 $459,295.45
13 $27,570.94 $14,495.03 $444,800.42
14 $26,663.13 $15,402.84 $429,397.58
15 $25,698.47 $16,367.50 $413,030.08
16 $24,673.39 $17,392.58 $395,637.50
17 $23,584.11 $18,481.86 $377,155.63
18 $22,426.61 $19,639.36 $357,516.27
19 $21,196.61 $20,869.36 $336,646.92
20 $19,889.59 $22,176.38 $314,470.54
21 $18,500.70 $23,565.26 $290,905.27
22 $17,024.84 $25,041.13 $265,864.14
23 $15,456.54 $26,609.43 $239,254.71
24 $13,790.02 $28,275.95 $210,978.75
25 $12,019.12 $30,046.85 $180,931.91
26 $10,137.32 $31,928.65 $149,003.25
27 $8,137.66 $33,928.31 $115,074.95
28 $6,012.77 $36,053.20 $79,021.74
29 $3,754.79 $38,311.18 $40,710.57
30 $1,355.40 $40,710.57 $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 Backshore Peaks Island, ME


1500 sqft3900 sqft
Ø selling price$683,466$1,453,918
Ø fast selling$621,333$1,308,526
Ø high price sale$745,599$1,599,310

In 2026, houses in Backshore Peaks Island, ME will be offered at an average price of $371 per square foot. A 1,500 sqft home priced at $683,466 is 23.35% more expensive per square foot than a 3,900 sqft home priced at $1,453,918. Home prices in Backshore Peaks 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 $1,006,559. Sellers who can wait longer may achieve a higher price of up to $1,230,238.

FAQ – Home Values in Backshore Peaks Island

What is the median home value in Backshore Peaks Island in 2026?

In 2026, the typical home value in Backshore Peaks Island is about $579,087 for an average home size of 1585 square feet. This corresponds to an average price of roughly $371 per square foot.

What is the average cost per square foot in Backshore Peaks Island?

In 2026, homes in Backshore Peaks Island sell for an average of around $371 per square foot, with a typical range between $352.45 and $389.55 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Backshore?

The average home size in Backshore Peaks Island is about 1585 square feet, with an estimated 2026 value around $579,087.



Neighborhoods close to Backshore Peaks Island, ME

Wildwood Cumberland Foreside, ME332 $ / ft²
New Auburn Auburn, ME101 $ / ft²
Bethel Village Bethel, ME103 $ / ft²
Oakhurst Cape Elizabeth, ME399 $ / ft²
Ferry Village South Portland, ME246 $ / ft²
Falmouth Foreside Falmouth, ME249 $ / ft²
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