Market Overview
Home Prices in Montville, ME
The median home value in Montville, ME is $295,015 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2% compared to a year ago and up 2.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Montville are priced28% below average.
Over the past five years, Montville home values have risen by approximately31.3%, reflecting strong long-term appreciation in this market.
Price History
Montville Home Price Trend
2020
$181,436
$181K
—
2021
$224,699
$225K
+23.8%
2022
$270,780
$271K
+20.5%
2023
$264,364
$264K
-2.4%
2024
$282,861
$283K
+7.0%
2025
$289,115
$289K
+2.2%
2026
$295,015
$295K
+2.0%
City Comparison
Montville vs. National Median
🏠 Montville
$295,015
National Median
$410,000
At $295,015, homes in Montville cost 28% below the national median of $410,000. This makes Montville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Montville?
20% Down Payment
$59,003
on $295,015
Monthly P&I
$1,539/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,955/mo
incl. taxes & insurance
Income Needed
$78,200
gross annual (30% rule)
10% Down Option
$29,502
+ PMI applies
Loan Amount (20% dn)
$236,012
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 Montville, ME?
The median home value in Montville is $295,015 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2% year-over-year.
How much have home prices changed in Montville?
Over the past year, home values in Montville have increased by 2%. Over five years, prices have risen approximately 31.3%.
How much do I need to earn to buy a home in Montville?
To comfortably afford the median home price of $295,015 with a 20% down payment ($59,003) at today's rates (6.8%), you'd need a gross annual income of approximately $78,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Montville compare to the national average home price?
The national median home value is approximately $410,000. At $295,015, homes in Montville are 28% below the national average.