Market Overview
Home Prices in Cornish, ME
The median home value in Cornish, ME is $403,175 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cornish are priced2% below average. Cornish is part of the Portland-South Portland, ME metro area.
Over the past five years, Cornish home values have risen by approximately32.9%, reflecting strong long-term appreciation in this market.
Price History
Cornish Home Price Trend
City Comparison
Cornish vs. National Median
At $403,175, homes in Cornish cost 2% below the national median of $410,000. This makes Cornish a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cornish?
20% Down Payment
$80,635
on $403,175
Monthly P&I
$2,103/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,671/mo
incl. taxes & insurance
Income Needed
$106,840
gross annual (30% rule)
10% Down Option
$40,318
+ PMI applies
Loan Amount (20% dn)
$322,540
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 Cornish, ME?
The median home value in Cornish is $403,175 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Cornish?
Over the past year, home values in Cornish have increased by 2.5%. Over five years, prices have risen approximately 32.9%.
How much do I need to earn to buy a home in Cornish?
To comfortably afford the median home price of $403,175 with a 20% down payment ($80,635) at today's rates (6.8%), you'd need a gross annual income of approximately $106,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Cornish compare to the national average home price?
The national median home value is approximately $410,000. At $403,175, homes in Cornish are 2% below the national average.
What metro area is Cornish part of?
Cornish is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.