House Prices

Hermit Island Phippsburg, ME House Prices & Home Values 2026


Average Data

average house price$484,911
average size per house1944 ft²
average price per ft²252 $ / ft²

05/20/2026 - The value range (VR) for house prices in Hermit Island Phippsburg, ME is $239.4/ sqft to $264.6/ sqft. An average home with 1944 sqft costs approximately $468,186 to $517,469. Phippsburg, ME includes 1 ZIP codes and it is located in Sagadahoc county. The lowest prices are found in ZIP 04562, while the highest are in ZIP 04562. The average price per sqare feet is $252. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Hermit Island Phippsburg

04562236 $ / ft²




Historical development of home values in Hermit Island Phippsburg

Year Estimated value (USD) Change vs. 2025
2010 $225,201 -53.6%
2011 $216,493 -55.4%
2012 $215,910 -55.5%
2013 $223,980 -53.8%
2014 $235,117 -51.5%
2015 $247,184 -49.0%
2016 $260,084 -46.4%
2017 $274,122 -43.5%
2018 $289,277 -40.3%
2019 $302,690 -37.6%
2020 $318,338 -34.4%
2021 $362,075 -25.3%
2022 $422,098 -13.0%
2023 $445,122 -8.2%
2024 $470,873 -2.9%
2025 $484,911 0.0%

Graph: estimated home values in Hermit Island Phippsburg over time (USD)



Example: 100% financing house in Hermit Island Phippsburg

Loan amount: $484,911

Interest rate: 6.04%

Fixed monthly payment: $2,918.52

Breakdown in the 1st month:
Interest portion: $2,439.10  –  Principal portion: $479.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,107.37 $5,914.86 $478,996.14
2 $28,740.31 $6,281.92 $472,714.22
3 $28,350.46 $6,671.77 $466,042.45
4 $27,936.42 $7,085.81 $458,956.64
5 $27,496.69 $7,525.54 $451,431.10
6 $27,029.67 $7,992.56 $443,438.54
7 $26,533.67 $8,488.56 $434,949.98
8 $26,006.88 $9,015.35 $425,934.63
9 $25,447.41 $9,574.82 $416,359.80
10 $24,853.21 $10,169.02 $406,190.78
11 $24,222.14 $10,800.09 $395,390.69
12 $23,551.91 $11,470.33 $383,920.37
13 $22,840.08 $12,182.15 $371,738.21
14 $22,084.08 $12,938.16 $358,800.06
15 $21,281.16 $13,741.07 $345,058.98
16 $20,428.41 $14,593.82 $330,465.16
17 $19,522.75 $15,499.49 $314,965.68
18 $18,560.88 $16,461.36 $298,504.32
19 $17,539.31 $17,482.92 $281,021.40
20 $16,454.36 $18,567.88 $262,453.53
21 $15,302.07 $19,720.16 $242,733.36
22 $14,078.27 $20,943.96 $221,789.40
23 $12,778.53 $22,243.71 $199,545.70
24 $11,398.12 $23,624.11 $175,921.59
25 $9,932.05 $25,090.18 $150,831.41
26 $8,375.00 $26,647.23 $124,184.18
27 $6,721.32 $28,300.91 $95,883.27
28 $4,965.02 $30,057.21 $65,826.06
29 $3,099.73 $31,922.51 $33,903.56
30 $1,118.67 $33,903.56 $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 Hermit Island Phippsburg, ME


1500 sqft3900 sqft
Ø selling price$460,125$978,810
Ø fast selling$418,295$880,929
Ø high price sale$501,954$1,076,691

In 2026, houses in Hermit Island Phippsburg, ME will be offered at an average price of $252 per square foot. A 1,500 sqft home priced at $460,125 is 23.14% more expensive per square foot than a 3,900 sqft home priced at $978,810. Home prices in Hermit Island Phippsburg, 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 $677,638. Sellers who can wait longer may achieve a higher price of up to $828,224.

FAQ – Home Values in Hermit Island Phippsburg

What is the median home value in Hermit Island Phippsburg in 2026?

In 2026, the typical home value in Hermit Island Phippsburg is about $484,911 for an average home size of 1944 square feet. This corresponds to an average price of roughly $252 per square foot.

What is the average cost per square foot in Hermit Island Phippsburg?

In 2026, homes in Hermit Island Phippsburg sell for an average of around $252 per square foot, with a typical range between $239.4 and $264.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Hermit Island?

The average home size in Hermit Island Phippsburg is about 1944 square feet, with an estimated 2026 value around $484,911.



Neighborhoods close to Hermit Island Phippsburg, ME

South Cushing Cushing, ME564 $ / ft²
South Bristol Village South Bristol, ME307 $ / ft²
Barters Island Trevett, ME418 $ / ft²
Pemaquid Harbor Pemaquid, ME207 $ / ft²
Davis Island Edgecomb, ME166 $ / ft²
Damariscotta Mills Nobleboro, ME244 $ / ft²
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