Market Overview
Home Prices in North Berwick, ME
The median home value in North Berwick, ME is $498,677 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.1% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in North Berwick are priced22% above average. North Berwick is part of the Portland-South Portland, ME metro area.
Over the past five years, North Berwick home values have risen by approximately33.1%, reflecting strong long-term appreciation in this market.
Price History
North Berwick Home Price Trend
City Comparison
North Berwick vs. National Median
At $498,677, homes in North Berwick cost 22% above the national median of $410,000. Buyers in North Berwick should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in North Berwick?
20% Down Payment
$99,735
on $498,677
Monthly P&I
$2,601/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,303/mo
incl. taxes & insurance
Income Needed
$132,120
gross annual (30% rule)
10% Down Option
$49,868
+ PMI applies
Loan Amount (20% dn)
$398,942
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 North Berwick, ME?
The median home value in North Berwick is $498,677 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.1% year-over-year.
How much have home prices changed in North Berwick?
Over the past year, home values in North Berwick have increased by 2.1%. Over five years, prices have risen approximately 33.1%.
How much do I need to earn to buy a home in North Berwick?
To comfortably afford the median home price of $498,677 with a 20% down payment ($99,735) at today's rates (6.8%), you'd need a gross annual income of approximately $132,120. This assumes keeping total housing costs at or below 30% of gross income.
How does North Berwick compare to the national average home price?
The national median home value is approximately $410,000. At $498,677, homes in North Berwick are 22% above the national average.
What metro area is North Berwick part of?
North Berwick is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.