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Peaks Island

NeighborhoodThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.MaineBuyer's market
Market temperatureA 0 to 100 score comparing this area with every similar area nationwide each month. 0 is the strongest buyer's market, 100 the strongest seller's market.Buyer's market · 35
Buyer's marketBalancedSeller's market
$475K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
36
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$709K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Jul 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Market temperature (0–100)How the 0 to 100 market score moved over time. It blends price growth, sales pace, how often homes change hands, and seller profits.Temperature
202120222023202420252026
Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
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Growth (year over year)How much prices and sales counts changed since the same time last year, using a 3-month average to smooth out noise. Above the dashed line means growth.PriceSales
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Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
202120222023202420252026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
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Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
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Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
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Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
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Sellers who sold at a gainThe share of sellers each month who sold for more than they originally paid.Sold at gain
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Typical hold before sellingThe middle number of years sellers owned their home before selling.Median hold
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Median annualized return at resaleThe middle yearly gain sellers earned, spread across the years they owned the home. Only counts homes held at least a year.Annualized gain
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Preforeclosure filingsForeclosure notices filed each month. A rise can be an early sign that more owners are struggling. Auction stage counts the filings that reached a scheduled foreclosure auction.FilingsAuction stage
201720182021202220232025

Housing Stock

HomesHow many homes we have records for in this area.1,067
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$709K
Median sizeThe middle home size here, measured in square feet.1,208 ft²
Median bedroomsThe middle bedroom count for homes here.3
Median year builtThe middle build year for homes here. A recent year means most housing is newer.1905
Single familyThe share of homes here that are single-family houses.86%
CondosThe share of homes here that are condos.10%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.73%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.1.0%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.40%
Company ownedThe share of homes owned by a company or trust instead of a person.10%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.31%
Typical ownership tenureHow long the typical owner here has held their home.21.0 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.186
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.92
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.85

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.49%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.34%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.6%
PopulationHow many people live in this area.164
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.138 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$84K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$119K
Average tempThe average temperature here across a full year.46°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all neighborhoods nationally.

How Peaks Island compares

By median home value, Peaks Island is the 9th most expensive of 44 neighborhoods in Cumberland County, and its typical home is worth more than 68% of all homes in Cumberland County.

Home values in Peaks Island

Share of homes at each estimated value.

Median
$357K$2.3M
neighborhoods in Cumberland County ranked by median home value
#Cumberland CountyMedian valueHomes
1Prouts Neck$3.3M109
2Loveitt's Field$1.5M144
3Higgins Beach$1.3M288
4Pine Point$1.2M255
5Cousins Island$959K269
6Stroudwater$872K367
7East End$799K1,235
8East Bayside / India Street$729K612
9Peaks Island$709K1,067
10Chebeague Island$707K449
11Bustins Island$695K119
12Willard$687K1,005
13Downtown$682K835
14Oakdale$660K811
15West End$658K1,620
16Highland$656K564
17Rosemont$611K1,530
18Deering Center$594K1,253
19Wrightville$584K156
20West Scarbourough$581K367
21Ocean Street$566K621
22West Bayside$558K229
23Back Cove$556K1,325
24Meetinghouse Hill$549K1,119

44 neighborhoods in Cumberland County are ranked; the most valuable are listed here.

About the Peaks Island market

What is the median home price in Peaks Island, ME?

The median sale price in Peaks Island, ME is $475,000 (data through July 2026), based on deeds recorded with the county.

How many homes sell in Peaks Island, ME each year?

36 homes sold in Peaks Island, ME over the last 12 months (data through July 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

Is Peaks Island, ME a buyer's or seller's market?

Peaks Island, ME is currently a buyer's market, scoring 35 out of 100 on TopHap's market temperature index (data through July 2026). The score weighs sales velocity and price direction; above 60 favours sellers, below 40 favours buyers.

How many homes are there in Peaks Island, ME?

Peaks Island, ME contains 1,067 residential properties, with a median of 1,208 square feet, 3 bedrooms, built around 1905. The median TopHap Estimate is $709K.

How does Peaks Island, ME compare to the rest of Cumberland County?

By median home value, Peaks Island, ME is the 9th most expensive of 44 neighborhoods in Cumberland County. Its typical home is worth more than 68% of all homes in Cumberland County. East Bayside / India Street ranks just above it and Chebeague Island just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Peaks Island, ME?

40% of homes in Peaks Island, ME are owner-occupied. 10% are held by a company rather than an individual.

How much equity do owners in Peaks Island, ME hold?

73% of mortgaged homes in Peaks Island, ME are equity-rich, meaning the loan balance is under half the home's value. 1.0% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Peaks Island on the map

See every recorded sale, price heat map, school zone and flood overlay across Peaks Island in TopHap’s interactive 3D map.

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