Market Overview
Home Prices in Owls Head, ME
The median home value in Owls Head, ME is $504,293 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.4% compared to a year ago and down 3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Owls Head are priced23% above average.
Over the past five years, Owls Head home values have risen by approximately25.4%, reflecting strong long-term appreciation in this market.
Price History
Owls Head Home Price Trend
2020
$316,083
$316K
—
2021
$402,006
$402K
+27.2%
2022
$519,970
$520K
+29.3%
2023
$522,281
$522K
+0.4%
2024
$532,926
$533K
+2.0%
2025
$516,707
$517K
-3.0%
2026
$504,293
$504K
-2.4%
City Comparison
Owls Head vs. National Median
🏠 Owls Head
$504,293
National Median
$410,000
At $504,293, homes in Owls Head cost 23% above the national median of $410,000. Buyers in Owls Head should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Owls Head?
20% Down Payment
$100,859
on $504,293
Monthly P&I
$2,630/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,340/mo
incl. taxes & insurance
Income Needed
$133,600
gross annual (30% rule)
10% Down Option
$50,429
+ PMI applies
Loan Amount (20% dn)
$403,434
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 Owls Head, ME?
The median home value in Owls Head is $504,293 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.4% year-over-year.
How much have home prices changed in Owls Head?
Over the past year, home values in Owls Head have decreased by 2.4%. Over five years, prices have risen approximately 25.4%.
How much do I need to earn to buy a home in Owls Head?
To comfortably afford the median home price of $504,293 with a 20% down payment ($100,859) at today's rates (6.8%), you'd need a gross annual income of approximately $133,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Owls Head compare to the national average home price?
The national median home value is approximately $410,000. At $504,293, homes in Owls Head are 23% above the national average.