Market Overview
Home Prices in Chesterville, ME
The median home value in Chesterville, ME is $260,881 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chesterville are priced36% below average.
Over the past five years, Chesterville home values have risen by approximately21.3%, reflecting strong long-term appreciation in this market.
Price History
Chesterville Home Price Trend
2020
$169,040
$169K
—
2021
$214,992
$215K
+27.2%
2022
$253,323
$253K
+17.8%
2023
$256,693
$257K
+1.3%
2024
$250,305
$250K
-2.5%
2025
$256,886
$257K
+2.6%
2026
$260,881
$261K
+1.6%
City Comparison
Chesterville vs. National Median
🏠 Chesterville
$260,881
National Median
$410,000
At $260,881, homes in Chesterville cost 36% below the national median of $410,000. This makes Chesterville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chesterville?
20% Down Payment
$52,176
on $260,881
Monthly P&I
$1,361/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,728/mo
incl. taxes & insurance
Income Needed
$69,120
gross annual (30% rule)
10% Down Option
$26,088
+ PMI applies
Loan Amount (20% dn)
$208,705
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 Chesterville, ME?
The median home value in Chesterville is $260,881 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in Chesterville?
Over the past year, home values in Chesterville have increased by 1.6%. Over five years, prices have risen approximately 21.3%.
How much do I need to earn to buy a home in Chesterville?
To comfortably afford the median home price of $260,881 with a 20% down payment ($52,176) at today's rates (6.8%), you'd need a gross annual income of approximately $69,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Chesterville compare to the national average home price?
The national median home value is approximately $410,000. At $260,881, homes in Chesterville are 36% below the national average.