House Prices

Pratts Island Southport, ME House Prices & Home Values 2026


Average Data

average house price$864,122
average size per house2794 ft²
average price per ft²332 $ / ft²

05/21/2026 - The value range (VR) for house prices in Pratts Island Southport, ME is $315.4/ sqft to $348.6/ sqft. An average home with 2794 sqft costs approximately $944,676 to $1,044,116. Southport, ME includes 1 ZIP codes and it is located in Lincoln county. The lowest prices are found in ZIP 04576, while the highest are in ZIP 04576. The average price per sqare feet is $332. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Pratts Island Southport

04576337 $ / ft²




Historical development of home values in Pratts Island Southport

Year Estimated value (USD) Change vs. 2025
2010 $401,314 -53.6%
2011 $385,795 -55.4%
2012 $384,756 -55.5%
2013 $399,138 -53.8%
2014 $418,984 -51.5%
2015 $440,488 -49.0%
2016 $463,476 -46.4%
2017 $488,492 -43.5%
2018 $515,498 -40.3%
2019 $539,401 -37.6%
2020 $567,285 -34.4%
2021 $645,226 -25.3%
2022 $752,188 -13.0%
2023 $793,218 -8.2%
2024 $839,106 -2.9%
2025 $864,122 0.0%

Graph: estimated home values in Pratts Island Southport over time (USD)



Example: 100% financing house in Pratts Island Southport

Loan amount: $864,122

Interest rate: 6.43%

Fixed monthly payment: $5,423.25

Breakdown in the 1st month:
Interest portion: $4,631.69  –  Principal portion: $791.56

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $55,295.24 $9,783.79 $854,338.21
2 $54,647.06 $10,431.97 $843,906.24
3 $53,955.94 $11,123.09 $832,783.15
4 $53,219.03 $11,860.00 $820,923.15
5 $52,433.30 $12,645.73 $808,277.42
6 $51,595.51 $13,483.52 $794,793.90
7 $50,702.22 $14,376.81 $780,417.09
8 $49,749.75 $15,329.28 $765,087.81
9 $48,734.18 $16,344.85 $748,742.97
10 $47,651.33 $17,427.70 $731,315.27
11 $46,496.74 $18,582.29 $712,732.97
12 $45,265.65 $19,813.38 $692,919.59
13 $43,953.01 $21,126.02 $671,793.57
14 $42,553.40 $22,525.63 $649,267.93
15 $41,061.06 $24,017.97 $625,249.97
16 $39,469.86 $25,609.17 $599,640.80
17 $37,773.24 $27,305.79 $572,335.01
18 $35,964.22 $29,114.81 $543,220.21
19 $34,035.36 $31,043.68 $512,176.53
20 $31,978.70 $33,100.33 $479,076.20
21 $29,785.79 $35,293.24 $443,782.96
22 $27,447.59 $37,631.44 $406,151.52
23 $24,954.49 $40,124.54 $366,026.98
24 $22,296.23 $42,782.81 $323,244.18
25 $19,461.85 $45,617.18 $277,626.99
26 $16,439.69 $48,639.34 $228,987.65
27 $13,217.31 $51,861.72 $177,125.93
28 $9,781.45 $55,297.58 $121,828.34
29 $6,117.96 $58,961.07 $62,867.27
30 $2,211.76 $62,867.27 $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 Pratts Island Southport, ME


1500 sqft3900 sqft
Ø selling price$645,966$1,374,146
Ø fast selling$587,242$1,236,731
Ø high price sale$704,690$1,511,560

In 2026, houses in Pratts Island Southport, ME will be offered at an average price of $332 per square foot. A 1,500 sqft home priced at $645,966 is 24.66% more expensive per square foot than a 3,900 sqft home priced at $1,374,146. Home prices in Pratts Island Southport, 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 $951,332. Sellers who can wait longer may achieve a higher price of up to $1,162,739.


Pratts Island, Southport, Maine

Coastal Setting and Lifestyle

Pratts Island in Southport, Maine is a serene coastal enclave in the heart of the Boothbay Harbor region.
Surrounded by rocky ledges, tidal inlets, and spruce-fringed shorelines, the island offers classic coastal Maine scenery and refreshing sea breezes. Residents and visitors prize the quiet lanes, sweeping water views, and the relaxed pace that defines this neighborhood.

Outdoor Recreation and Access

A short bridge connects Pratts Island to Southport Island, providing easy year-round access while preserving a secluded, island feel.
From sheltered coves to open waters, the area is ideal for boating, kayaking, paddleboarding, and watching lobster boats at work. Birding, beachcombing, and sunset strolls make everyday recreation effortless without leaving the neighborhood.

Real Estate and Community

The real estate mix includes waterfront homes, classic shingled cottages, and thoughtfully updated year?round residences, many oriented to maximize sunrise and sunset views.
Buyers seeking a low-key luxury lifestyle and strong coastal Maine real estate value appreciate the privacy, rental potential, and long-term value found on Pratts Island.

Nearby Attractions and Conveniences

Just minutes away, Southport and nearby Boothbay Harbor offer dining, galleries, marinas, and essential services, plus easy access to preserves and trails managed by local land trusts.
Whether you?re searching for a vacation retreat or a primary home, Pratts Island in Southport, ME combines natural beauty, convenience, and enduring New England charm.



FAQ – Home Values in Pratts Island Southport

What is the median home value in Pratts Island Southport in 2026?

In 2026, the typical home value in Pratts Island Southport is about $864,122 for an average home size of 2794 square feet. This corresponds to an average price of roughly $332 per square foot.

What is the average cost per square foot in Pratts Island Southport?

In 2026, homes in Pratts Island Southport sell for an average of around $332 per square foot, with a typical range between $315.4 and $348.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Pratts Island?

The average home size in Pratts Island Southport is about 2794 square feet, with an estimated 2026 value around $864,122.



Neighborhoods close to Pratts Island Southport, ME

Days Ferry Woolwich, ME242 $ / ft²
Downtown Ellsworth Ellsworth, ME167 $ / ft²
Addison Addison, ME185 $ / ft²
McKown Point West Boothbay Harbor, ME299 $ / ft²
Waldoboro Village Waldoboro, ME147 $ / ft²
Barters Island Trevett, ME418 $ / ft²
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