Market Overview
Home Prices in Islesboro, ME
The median home value in Islesboro, ME is $445,523 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.2% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Islesboro are priced9% above average.
Over the past five years, Islesboro home values have risen by approximately22.6%, reflecting strong long-term appreciation in this market.
Price History
Islesboro Home Price Trend
2020
$283,206
$283K
—
2021
$363,397
$363K
+28.3%
2022
$429,350
$429K
+18.1%
2023
$427,385
$427K
-0.5%
2024
$446,771
$447K
+4.5%
2025
$455,325
$455K
+1.9%
2026
$445,523
$446K
-2.2%
City Comparison
Islesboro vs. National Median
🏠 Islesboro
$445,523
National Median
$410,000
At $445,523, homes in Islesboro cost 9% above the national median of $410,000. Buyers in Islesboro should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Islesboro?
20% Down Payment
$89,105
on $445,523
Monthly P&I
$2,324/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,951/mo
incl. taxes & insurance
Income Needed
$118,040
gross annual (30% rule)
10% Down Option
$44,552
+ PMI applies
Loan Amount (20% dn)
$356,418
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 Islesboro, ME?
The median home value in Islesboro is $445,523 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.2% year-over-year.
How much have home prices changed in Islesboro?
Over the past year, home values in Islesboro have decreased by 2.2%. Over five years, prices have risen approximately 22.6%.
How much do I need to earn to buy a home in Islesboro?
To comfortably afford the median home price of $445,523 with a 20% down payment ($89,105) at today's rates (6.8%), you'd need a gross annual income of approximately $118,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Islesboro compare to the national average home price?
The national median home value is approximately $410,000. At $445,523, homes in Islesboro are 9% above the national average.