Market Overview
Home Prices in Presque Isle, ME
The median home value in Presque Isle, ME is $184,566 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and down 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Presque Isle are priced55% below average.
Over the past five years, Presque Isle home values have risen by approximately45.2%, reflecting strong long-term appreciation in this market.
Price History
Presque Isle Home Price Trend
City Comparison
Presque Isle vs. National Median
At $184,566, homes in Presque Isle cost 55% below the national median of $410,000. This makes Presque Isle a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Presque Isle?
20% Down Payment
$36,913
on $184,566
Monthly P&I
$963/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,223/mo
incl. taxes & insurance
Income Needed
$48,920
gross annual (30% rule)
10% Down Option
$18,457
+ PMI applies
Loan Amount (20% dn)
$147,653
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 Presque Isle, ME?
The median home value in Presque Isle is $184,566 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Presque Isle?
Over the past year, home values in Presque Isle have increased by 3.4%. Over five years, prices have risen approximately 45.2%.
How much do I need to earn to buy a home in Presque Isle?
To comfortably afford the median home price of $184,566 with a 20% down payment ($36,913) at today's rates (6.8%), you'd need a gross annual income of approximately $48,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Presque Isle compare to the national average home price?
The national median home value is approximately $410,000. At $184,566, homes in Presque Isle are 55% below the national average.