House Prices

Greenwood Gardens Peaks Island, ME House Prices & Home Values 2026


Average Data

average house price$543,144
average size per house1487 ft²
average price per ft²348 $ / ft²

05/20/2026 - The value range (VR) for house prices in Greenwood Gardens Peaks Island, ME is $330.6/ sqft to $365.4/ sqft. An average home with 1487 sqft costs approximately $468,006 to $517,270. 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 $348. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Greenwood Gardens Peaks Island

04108348 $ / ft²




Historical development of home values in Greenwood Gardens Peaks Island

Year Estimated value (USD) Change vs. 2025
2010 $252,246 -53.6%
2011 $242,492 -55.4%
2012 $241,839 -55.5%
2013 $250,878 -53.8%
2014 $263,353 -51.5%
2015 $276,869 -49.0%
2016 $291,318 -46.4%
2017 $307,041 -43.5%
2018 $324,016 -40.3%
2019 $339,040 -37.6%
2020 $356,567 -34.4%
2021 $405,557 -25.3%
2022 $472,788 -13.0%
2023 $498,577 -8.2%
2024 $527,420 -2.9%
2025 $543,144 0.0%

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



Example: 100% financing house in Greenwood Gardens Peaks Island

Loan amount: $543,144

Interest rate: 5.71%

Fixed monthly payment: $3,156.54

Breakdown in the 1st month:
Interest portion: $2,585.37  –  Principal portion: $571.18

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $30,842.07 $7,036.43 $536,107.57
2 $30,429.45 $7,449.05 $528,658.52
3 $29,992.65 $7,885.85 $520,772.67
4 $29,530.23 $8,348.27 $512,424.39
5 $29,040.69 $8,837.81 $503,586.58
6 $28,522.44 $9,356.06 $494,230.53
7 $27,973.81 $9,904.69 $484,325.84
8 $27,393.01 $10,485.49 $473,840.34
9 $26,778.14 $11,100.36 $462,739.99
10 $26,127.22 $11,751.27 $450,988.71
11 $25,438.14 $12,440.36 $438,548.35
12 $24,708.64 $13,169.86 $425,378.49
13 $23,936.37 $13,942.13 $411,436.36
14 $23,118.81 $14,759.69 $396,676.67
15 $22,253.31 $15,625.19 $381,051.49
16 $21,337.06 $16,541.44 $364,510.05
17 $20,367.08 $17,511.42 $346,998.63
18 $19,340.22 $18,538.28 $328,460.35
19 $18,253.15 $19,625.35 $308,835.00
20 $17,102.33 $20,776.17 $288,058.84
21 $15,884.03 $21,994.47 $266,064.37
22 $14,594.29 $23,284.21 $242,780.15
23 $13,228.92 $24,649.58 $218,130.57
24 $11,783.48 $26,095.02 $192,035.55
25 $10,253.28 $27,625.22 $164,410.33
26 $8,633.36 $29,245.14 $135,165.19
27 $6,918.44 $30,960.06 $104,205.13
28 $5,102.96 $32,775.54 $71,429.59
29 $3,181.02 $34,697.48 $36,732.11
30 $1,146.39 $36,732.11 $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 Greenwood Gardens Peaks Island, ME


1500 sqft3900 sqft
Ø selling price$601,303$1,279,134
Ø fast selling$546,639$1,151,221
Ø high price sale$655,967$1,407,048

In 2026, houses in Greenwood Gardens Peaks Island, ME will be offered at an average price of $348 per square foot. A 1,500 sqft home priced at $601,303 is 21.90% more expensive per square foot than a 3,900 sqft home priced at $1,279,134. Home prices in Greenwood Gardens 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 $885,555. Sellers who can wait longer may achieve a higher price of up to $1,082,345.

FAQ – Home Values in Greenwood Gardens Peaks Island

What is the median home value in Greenwood Gardens Peaks Island in 2026?

In 2026, the typical home value in Greenwood Gardens Peaks Island is about $543,144 for an average home size of 1487 square feet. This corresponds to an average price of roughly $348 per square foot.

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

In 2026, homes in Greenwood Gardens Peaks Island sell for an average of around $348 per square foot, with a typical range between $330.6 and $365.4 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Greenwood Gardens?

The average home size in Greenwood Gardens Peaks Island is about 1487 square feet, with an estimated 2026 value around $543,144.



Neighborhoods close to Greenwood Gardens 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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