House Prices

House Prices & Home Values Medway, ME 2026


Average Data

average house price$237,000
average size per house1920 ft²
average price per ft²124 $ / ft²

05/20/2026 - The value range (VR) for house prices in Medway, ME is $206/ sqft to $206/ sqft. An average home with 1920 sqft costs approximately $395,520 to $395,520. Medway, ME includes 1 ZIP codes and it is located in Penobscot county. The lowest prices are found in ZIP 04460, while the highest are in ZIP 04460. The average price per sqare feet is $124. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Medway

04460186 $ / ft²




Historical development of home values in Medway

Year Estimated value (USD) Change vs. 2025
2010 $110,067 -53.6%
2011 $105,811 -55.4%
2012 $105,526 -55.5%
2013 $109,470 -53.8%
2014 $114,914 -51.5%
2015 $120,811 -49.0%
2016 $127,116 -46.4%
2017 $133,977 -43.5%
2018 $141,384 -40.3%
2019 $147,940 -37.6%
2020 $155,588 -34.4%
2021 $176,964 -25.3%
2022 $206,300 -13.0%
2023 $217,553 -8.2%
2024 $230,139 -2.9%
2025 $237,000 0.0%

Graph: estimated home values in Medway over time (USD)



Example: 100% financing house in Medway

Loan amount: $237,000

Interest rate: 6.00%

Fixed monthly payment: $1,420.93

Breakdown in the 1st month:
Interest portion: $1,185.00  –  Principal portion: $235.93

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,140.83 $2,910.39 $234,089.61
2 $13,961.32 $3,089.89 $230,999.72
3 $13,770.74 $3,280.47 $227,719.25
4 $13,568.41 $3,482.80 $224,236.44
5 $13,353.60 $3,697.62 $220,538.83
6 $13,125.54 $3,925.68 $216,613.15
7 $12,883.41 $4,167.80 $212,445.34
8 $12,626.35 $4,424.87 $208,020.48
9 $12,353.44 $4,697.78 $203,322.70
10 $12,063.69 $4,987.53 $198,335.17
11 $11,756.07 $5,295.15 $193,040.02
12 $11,429.47 $5,621.74 $187,418.27
13 $11,082.74 $5,968.48 $181,449.79
14 $10,714.61 $6,336.60 $175,113.19
15 $10,323.79 $6,727.43 $168,385.76
16 $9,908.85 $7,142.36 $161,243.40
17 $9,468.33 $7,582.89 $153,660.51
18 $9,000.63 $8,050.59 $145,609.92
19 $8,504.09 $8,547.13 $137,062.80
20 $7,976.92 $9,074.30 $127,988.50
21 $7,417.24 $9,633.98 $118,354.52
22 $6,823.04 $10,228.18 $108,126.34
23 $6,192.18 $10,859.03 $97,267.31
24 $5,522.42 $11,528.79 $85,738.51
25 $4,811.35 $12,239.87 $73,498.65
26 $4,056.42 $12,994.79 $60,503.85
27 $3,254.93 $13,796.28 $46,707.57
28 $2,404.01 $14,647.21 $32,060.36
29 $1,500.60 $15,550.62 $16,509.74
30 $541.47 $16,509.74 $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 Medway, ME


1500 sqft3900 sqft
Ø selling price$225,061$478,765
Ø fast selling$204,601$430,888
Ø high price sale$245,521$526,641

In 2026, houses in Medway, ME will be offered at an average price of $124 per square foot. A 1,500 sqft home priced at $225,061 is 20.75% more expensive per square foot than a 3,900 sqft home priced at $478,765. Home prices in Medway, ME vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $331,452. Sellers who can wait longer may achieve a higher price of up to $405,109.


Discover Medway, ME

Location and Lifestyle

Medway, ME is a small town in Penobscot County that serves as a welcoming gateway to the Katahdin region. Set at the confluence of the East and West Branch of the Penobscot River, the community blends natural beauty with small-town charm. Residents appreciate a quieter pace of life, affordable housing options, and a close-knit, year-round community.
Local history is rooted in North Woods logging and the paper industry, which shaped nearby mill towns for generations. Today, Medway balances tradition with practical amenities that make everyday living convenient.

Outdoor Recreation and Access

Outdoor enthusiasts use Medway as a base for fishing, paddling, hiking, hunting, and epic snowmobiling on well-groomed trails. The town is within easy reach of Baxter State Park and the Katahdin Woods and Waters National Monument, opening the door to iconic Maine adventures.
With fast access to I-95 and Route 157, visitors can reach Millinocket, East Millinocket, and Bangor while still enjoying a northern Maine getaway. Families value local schools and riverside parks, while travelers find friendly lodging and services right off the interstate. Whether you are exploring for a weekend or relocating, Medway, Maine offers authentic North Woods experiences and year-round recreation in a naturally beautiful setting.



FAQ – Home Values in Medway

What is the median home value in Medway in 2026?

In 2026, the typical home value in Medway is about $237,000 for an average home size of 1920 square feet. This corresponds to an average price of roughly $124 per square foot.

What is the average cost per square foot in Medway?

In 2026, homes in Medway sell for an average of around $124 per square foot, with a typical range between $206 and $206 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Medway is about 1920 square feet, with an estimated 2026 value around $237,000.



Locations close to Medway, ME

Milford, ME128 $ / ft²
Millinocket, ME62 $ / ft²
Milo, ME139 $ / ft²
Mattawamkeag, ME98 $ / ft²
Lincoln, ME117 $ / ft²
Levant, ME135 $ / ft²
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