Market Overview
Home Prices in Columbia Falls, ME
The median home value in Columbia Falls, ME is $178,329 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.2% compared to a year ago and down 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Columbia Falls are priced57% below average.
Over the past five years, Columbia Falls home values have risen by approximately24.6%, reflecting strong long-term appreciation in this market.
Price History
Columbia Falls Home Price Trend
2020
$111,501
$112K
—
2021
$143,077
$143K
+28.3%
2022
$167,972
$168K
+17.4%
2023
$173,910
$174K
+3.5%
2024
$176,564
$177K
+1.5%
2025
$171,111
$171K
-3.1%
2026
$178,329
$178K
+4.2%
City Comparison
Columbia Falls vs. National Median
🏠 Columbia Falls
$178,329
National Median
$410,000
At $178,329, homes in Columbia Falls cost 57% below the national median of $410,000. This makes Columbia Falls a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Columbia Falls?
20% Down Payment
$35,666
on $178,329
Monthly P&I
$930/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,181/mo
incl. taxes & insurance
Income Needed
$47,240
gross annual (30% rule)
10% Down Option
$17,833
+ PMI applies
Loan Amount (20% dn)
$142,663
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 Columbia Falls, ME?
The median home value in Columbia Falls is $178,329 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.2% year-over-year.
How much have home prices changed in Columbia Falls?
Over the past year, home values in Columbia Falls have increased by 4.2%. Over five years, prices have risen approximately 24.6%.
How much do I need to earn to buy a home in Columbia Falls?
To comfortably afford the median home price of $178,329 with a 20% down payment ($35,666) at today's rates (6.8%), you'd need a gross annual income of approximately $47,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Columbia Falls compare to the national average home price?
The national median home value is approximately $410,000. At $178,329, homes in Columbia Falls are 57% below the national average.