Peaks Island, ME Housing Market

Homes for sale | City guide

The Peaks Island housing market is somewhat competitive. The median sale price of a home in Peaks Island was $775K last month, down 6.6% since last year.

Trends
Demand
Schools
Climate

Peaks Island Housing Market Trends

What is the housing market like in Peaks Island today?

In December 2024, Peaks Island home prices were down 6.6% compared to last year, selling for a median price of $775K.

$925K

Sale Price

$378

Sale $/Sq. Ft.

Under List Price

1.4%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Peaks Island and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Portland add value to a home.

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How hot is the Peaks Island housing market?

Peaks Island is somewhat competitive. Homes sell in 24 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 days.

Compare With Nearby Neighborhoods

Downtown Portland

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 48 days.
Hot homes
can sell for around list price and go pending in around 29 days.

East End

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 22 days.

See more nearby cities and neighborhoods

View houses in Peaks Island that sold recently

Recently sold homes

SOLD JAN 8, 2025
$925,000 Last Sold Price
4 beds
2.5 baths
2,442 sq ft
614 Seashore Ave, Portland, ME 04108
List Price
$925,000
Sale to List
0% over list
Days on Market
-1 days
614 Seashore Ave, Portland, ME 04108
SOLD DEC 18, 2024
$475,000 Last Sold Price
2 beds
1 bath
720 sq ft
391 Pleasant Ave, Portland, ME 04108
List Price
$498,500
Sale to List
5% under list
Days on Market
129 days
391 Pleasant Ave, Portland, ME 04108
SOLD DEC 17, 2024
$1,500,000 Last Sold Price
6 beds
3.5 baths
3,069 sq ft
549 Island Ave, Portland, ME 04108
List Price
$1,575,000
Sale to List
5% under list
Days on Market
0 days
549 Island Ave, Portland, ME 04108
SOLD DEC 3, 2024
$530,000 Last Sold Price
4 beds
1 bath
1,716 sq ft
91 New Island Ave, Portland, ME 04108
List Price
$530,000
Sale to List
0% over list
Days on Market
55 days
91 New Island Ave, Portland, ME 04108
SOLD NOV 8, 2024
$1,850,000 Last Sold Price
4 beds
2 baths
2,372 sq ft
4 Greenwood St, Portland, ME 04108
List Price
$1,900,000
Sale to List
3% under list
Days on Market
48 days
4 Greenwood St, Portland, ME 04108
SOLD OCT 31, 2024
$1,325,000 Last Sold Price
4 beds
2 baths
1,773 sq ft
367 Island Ave, Portland, ME 04108
List Price
$1,399,000
Sale to List
5% under list
Days on Market
155 days
367 Island Ave, Portland, ME 04108
SOLD OCT 28, 2024
$675,000 Last Sold Price
3 beds
2 baths
1,757 sq ft
42 Epps St #1, Portland, ME 04108
List Price
$699,000
Sale to List
3% under list
Days on Market
147 days
42 Epps St #1, Portland, ME 04108
SOLD OCT 16, 2024
$679,900 Last Sold Price
2 beds
1 bath
675 sq ft
34 Pleasant Ave, Portland, ME 04108
List Price
$679,000
Sale to List
0% over list
Days on Market
52 days
34 Pleasant Ave, Portland, ME 04108
See all recently sold homes in Peaks Island.
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Schools in Peaks Island

Learn about schools in the Peaks Island area

Elementary
Middle
High

GreatSchools Rating

Peaks Island School

Public • PreK-5

Students

N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Peaks Island housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Peaks Island.

Provided by First Street Foundation

More real estate resources for Peaks Island

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Peaks Island, ME Housing Market

Peaks Island Housing Market Trends

How hot is the Peaks Island housing market?

View houses in Peaks Island that sold recently

Recently sold homes

Schools in Peaks Island

GreatSchools Rating

Climate's impact on Peaks Island housing

Flood Factor

Fire Factor

Wind Factor

Heat Factor

More real estate resources for Peaks Island

New Listings in Peaks Island

Zip Code Housing Markets

Nearby Neighborhood Housing Markets

City Housing Markets

Zip Code Listings

Nearby Neighborhood Listings

City Listings

Rentals