Market Overview
Home Prices in Machias, ME
The median home value in Machias, ME is $187,471 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.3% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Machias are priced54% below average.
Over the past five years, Machias home values have risen by approximately40.1%, reflecting strong long-term appreciation in this market.
Price History
Machias Home Price Trend
2020
$108,531
$109K
—
2021
$133,828
$134K
+23.3%
2022
$156,887
$157K
+17.2%
2023
$168,262
$168K
+7.3%
2024
$181,751
$182K
+8.0%
2025
$179,735
$180K
-1.1%
2026
$187,471
$187K
+4.3%
City Comparison
Machias vs. National Median
🏠 Machias
$187,471
National Median
$410,000
At $187,471, homes in Machias cost 54% below the national median of $410,000. This makes Machias a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Machias?
20% Down Payment
$37,494
on $187,471
Monthly P&I
$978/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,242/mo
incl. taxes & insurance
Income Needed
$49,680
gross annual (30% rule)
10% Down Option
$18,747
+ PMI applies
Loan Amount (20% dn)
$149,977
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 Machias, ME?
The median home value in Machias is $187,471 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.3% year-over-year.
How much have home prices changed in Machias?
Over the past year, home values in Machias have increased by 4.3%. Over five years, prices have risen approximately 40.1%.
How much do I need to earn to buy a home in Machias?
To comfortably afford the median home price of $187,471 with a 20% down payment ($37,494) at today's rates (6.8%), you'd need a gross annual income of approximately $49,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Machias compare to the national average home price?
The national median home value is approximately $410,000. At $187,471, homes in Machias are 54% below the national average.