Population: 859 · Density: 272.8/mi² · Median household income: $90,893
Typical home value: $410,045 · Homeownership: 84.7%
Data as of January 2026. Source: Realtor.com.
The PEAKS ISLAND, ME real estate market (04108) currently shows 2 active listings, with 1 pending sales. Homes are averaging 64 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 64 days on market compared to 151 days last year.
The median listing price has fallen 36.9% year-over-year, from $1,346,250 to $850,000.
Whether you are buying or selling in PEAKS ISLAND, ME, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 04108 | Peaks Island, ME 04108 | 0.0 mi | 2 | $1,700,000 | $850,000 | $850,000 |
| 04106 | South Portland, ME 04106 | 5.4 mi | 38 | $40,040,562 | $584,000 | $1,053,699 |
| 04103 | Portland, ME 04103 | 5.6 mi | 35 | $22,056,720 | $625,000 | $630,192 |
| 04017 | Chebeague Island, ME 04017 | 6.1 mi | 0 | $0 | $1,737,000 | $1,737,000 |
| 04105 | Falmouth, ME 04105 | 7.6 mi | 30 | $42,025,020 | $1,295,000 | $1,400,834 |
| 04098 | Westbrook, ME 04098 | 8.9 mi | 1 | $575,000 | $575,000 | $575,000 |
| 04074 | Scarborough, ME 04074 | 10.2 mi | 52 | $44,721,144 | $749,450 | $860,022 |
| 04003 | Bailey Island, ME 04003 | 11.3 mi | 1 | $649,000 | $649,000 | $649,000 |
| 04066 | Orrs Island, ME 04066 | 13.5 mi | 1 | $945,000 | $945,000 | $945,000 |
| 04038 | Gorham, ME 04038 | 13.8 mi | 38 | $24,757,418 | $652,500 | $651,511 |
| 04062 | Windham, ME 04062 | 14.4 mi | 43 | $25,773,985 | $577,000 | $599,395 |
| 04072 | Saco, ME 04072 | 16.1 mi | 39 | $26,858,091 | $544,000 | $688,669 |
| 04093 | Buxton, ME 04093 | 17.5 mi | 14 | $8,727,250 | $517,000 | $623,375 |
As of January 2026, there are 2 active listings in PEAKS ISLAND, ME (zip code 04108), compared to 4 the prior year.
The median listing price in PEAKS ISLAND, ME 04108 is $850,000 as of January 2026, a 36.9% decrease from $1,346,250 the prior year.
Homes in PEAKS ISLAND, ME 04108 spend an average of 64 days on the market before going under contract, compared to 151 days the prior year.
Based on current inventory and days-on-market data as of January 2026, PEAKS ISLAND, ME 04108 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 64 days on market compared to 151 days last year.
With SELL123.com's maximum 3% commission, sellers in PEAKS ISLAND, ME 04108 save an estimated $17,000 compared to a typical 5% commission on the median listing price of $850,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.