Market Overview
Home Prices in Carrabassett Valley, ME
The median home value in Carrabassett Valley, ME is $626,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carrabassett Valley are priced53% above average.
Over the past five years, Carrabassett Valley home values have risen by approximately31.7%, reflecting strong long-term appreciation in this market.
Price History
Carrabassett Valley Home Price Trend
City Comparison
Carrabassett Valley vs. National Median
At $626,017, homes in Carrabassett Valley cost 53% above the national median of $410,000. Buyers in Carrabassett Valley should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Carrabassett Valley?
20% Down Payment
$125,203
on $626,017
Monthly P&I
$3,265/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,147/mo
incl. taxes & insurance
Income Needed
$165,880
gross annual (30% rule)
10% Down Option
$62,602
+ PMI applies
Loan Amount (20% dn)
$500,814
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 Carrabassett Valley, ME?
The median home value in Carrabassett Valley is $626,017 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Carrabassett Valley?
Over the past year, home values in Carrabassett Valley have increased by 3.8%. Over five years, prices have risen approximately 31.7%.
How much do I need to earn to buy a home in Carrabassett Valley?
To comfortably afford the median home price of $626,017 with a 20% down payment ($125,203) at today's rates (6.8%), you'd need a gross annual income of approximately $165,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Carrabassett Valley compare to the national average home price?
The national median home value is approximately $410,000. At $626,017, homes in Carrabassett Valley are 53% above the national average.