Market Overview
Home Prices in Boothbay, ME
The median home value in Boothbay, ME is $575,447 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.1% compared to a year ago and down 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Boothbay are priced40% above average.
Over the past five years, Boothbay home values have risen by approximately28.0%, reflecting strong long-term appreciation in this market.
Price History
Boothbay Home Price Trend
2020
$342,227
$342K
—
2021
$449,532
$450K
+31.4%
2022
$559,149
$559K
+24.4%
2023
$566,592
$567K
+1.3%
2024
$590,201
$590K
+4.2%
2025
$574,677
$575K
-2.6%
2026
$575,447
$575K
+0.1%
City Comparison
Boothbay vs. National Median
🏠 Boothbay
$575,447
National Median
$410,000
At $575,447, homes in Boothbay cost 40% above the national median of $410,000. Buyers in Boothbay should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Boothbay?
20% Down Payment
$115,089
on $575,447
Monthly P&I
$3,001/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,811/mo
incl. taxes & insurance
Income Needed
$152,440
gross annual (30% rule)
10% Down Option
$57,545
+ PMI applies
Loan Amount (20% dn)
$460,358
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Boothbay, ME?
The median home value in Boothbay is $575,447 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.1% year-over-year.
How much have home prices changed in Boothbay?
Over the past year, home values in Boothbay have increased by 0.1%. Over five years, prices have risen approximately 28.0%.
How much do I need to earn to buy a home in Boothbay?
To comfortably afford the median home price of $575,447 with a 20% down payment ($115,089) at today's rates (6.8%), you'd need a gross annual income of approximately $152,440. This assumes keeping total housing costs at or below 30% of gross income.
How does Boothbay compare to the national average home price?
The national median home value is approximately $410,000. At $575,447, homes in Boothbay are 40% above the national average.