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.
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
24
Down Payment
—
Total Homes Sold
1
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.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
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.
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.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Peaks Island has a minor risk of flooding. 144 properties in Peaks Island are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Peaks Island. Flood risk is increasing faster than the national average.
85% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Peaks Island has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Peaks Island is most at risk from hurricanes. 1,861 properties in Peaks Island have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 116 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 128 mph.