House Prices

Peaks Island Village Peaks Island, ME House Prices & Home Values 2026


Average Data

average house price$588,786
average size per house1612 ft²
average price per ft²378 $ / ft²

04/05/2026 - The value range (VR) for house prices in Peaks Island Village Peaks Island, ME is $359.1/ sqft to $396.9/ sqft. An average home with 1612 sqft costs approximately $597,394 to $660,277. 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 $378. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Peaks Island Village Peaks Island

04108377 $ / ft²




Historical development of home values in Peaks Island Village Peaks Island

Year Estimated value (USD) Change vs. 2025
2010 $273,443 -53.6%
2011 $262,869 -55.4%
2012 $262,161 -55.5%
2013 $271,960 -53.8%
2014 $285,483 -51.5%
2015 $300,135 -49.0%
2016 $315,798 -46.4%
2017 $332,843 -43.5%
2018 $351,244 -40.3%
2019 $367,531 -37.6%
2020 $386,531 -34.4%
2021 $439,637 -25.3%
2022 $512,518 -13.0%
2023 $540,474 -8.2%
2024 $571,741 -2.9%
2025 $588,786 0.0%

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



Example: 100% financing house in Peaks Island Village Peaks Island

Loan amount: $588,786

Interest rate: 6.19%

Fixed monthly payment: $3,603.08

Breakdown in the 1st month:
Interest portion: $3,038.14  –  Principal portion: $564.94

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $36,261.89 $6,975.02 $581,810.98
2 $35,817.52 $7,419.39 $574,391.59
3 $35,344.85 $7,892.06 $566,499.53
4 $34,842.06 $8,394.85 $558,104.69
5 $34,307.24 $8,929.66 $549,175.02
6 $33,738.35 $9,498.55 $539,676.47
7 $33,133.22 $10,103.69 $529,572.79
8 $32,489.54 $10,747.37 $518,825.42
9 $31,804.85 $11,432.06 $507,393.35
10 $31,076.53 $12,160.37 $495,232.98
11 $30,301.82 $12,935.09 $482,297.89
12 $29,477.75 $13,759.15 $468,538.74
13 $28,601.19 $14,635.72 $453,903.02
14 $27,668.78 $15,568.13 $438,334.89
15 $26,676.97 $16,559.94 $421,774.95
16 $25,621.97 $17,614.94 $404,160.01
17 $24,499.76 $18,737.15 $385,422.86
18 $23,306.05 $19,930.85 $365,492.01
19 $22,036.30 $21,200.61 $344,291.40
20 $20,685.66 $22,551.25 $321,740.15
21 $19,248.96 $23,987.94 $297,752.20
22 $17,720.74 $25,516.17 $272,236.04
23 $16,095.16 $27,141.75 $245,094.29
24 $14,366.02 $28,870.89 $216,223.40
25 $12,526.72 $30,710.19 $185,513.21
26 $10,570.24 $32,666.67 $152,846.54
27 $8,489.11 $34,747.80 $118,098.74
28 $6,275.40 $36,961.50 $81,137.24
29 $3,920.66 $39,316.24 $41,821.00
30 $1,415.91 $41,821.00 $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 Peaks Island Village Peaks Island, ME


1500 sqft3900 sqft
Ø selling price$708,025$1,506,161
Ø fast selling$643,659$1,355,545
Ø high price sale$772,391$1,656,777

In 2026, houses in Peaks Island Village Peaks Island, ME will be offered at an average price of $378 per square foot. A 1,500 sqft home priced at $708,025 is 23.74% more expensive per square foot than a 3,900 sqft home priced at $1,506,161. Home prices in Peaks Island Village 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 $1,042,727. Sellers who can wait longer may achieve a higher price of up to $1,274,444.

FAQ – Home Values in Peaks Island Village Peaks Island

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

In 2026, the typical home value in Peaks Island Village Peaks Island is about $588,786 for an average home size of 1612 square feet. This corresponds to an average price of roughly $378 per square foot.

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

In 2026, homes in Peaks Island Village Peaks Island sell for an average of around $378 per square foot, with a typical range between $359.1 and $396.9 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Peaks Island Village?

The average home size in Peaks Island Village Peaks Island is about 1612 square feet, with an estimated 2026 value around $588,786.



Neighborhoods close to Peaks Island Village 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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