How much does it cost to buy a house in Chebeague Island, ME?

In August 2026 Chebeague Island homes were listed to buy for a median price of $1.02M, which is a 5% decrease to July 2025 last month, and a 4% decrease to August 2025 last year. The median value of a home listed to buy in Chebeague Island in August 2026 was $414 per sqft, which is a 21% decrease to July 2025 last month, and a 20% decrease to August 2025 last year.

Is it affordable or expensive to live in Chebeague Island, ME?

It is expensive to live in Chebeague Island. Buying a home in Chebeague Island is 2% more expensive compared with the national average.

Is it a good time to buy property in Chebeague Island, ME?

Yes now is a good time to buy property in Chebeague Island, in August 2026, homes in Chebeague Island have decreased in value (price per sqft) by 20% in the last year compared with August 2025.

Is the Chebeague Island, ME housing market slowing down?

The housing market in Chebeague Island is slowing down. In August 2026, homes to buy in Chebeague Island spent an median 20 days on the market, a 50% decrease from August 2025 last year.

What are the best and safest places to live in Chebeague Island, ME?

The best and safest neighborhoods to live in Chebeague Island in August 2026 are West End, East End, Downtown Portland, Deering Center, Stroudwater, Back Cove, Valley Street, East Deering, West Bayside, Oakdale, North Deering, Libbytown, Nasons Corner, Rosemont, Parkside, Riverton, Downtown Lewiston, Webster Street, Pond Road

How much money should I make to buy a house in Chebeague Island, ME?

In August 2026, Chebeague Island homes were listed to buy for a median price of $1.02M, with 25% down you would need $5.89K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $202K.

Is it a good time to sell my house in Chebeague Island, ME?

Yes now is a good time to sell your house in Chebeague Island, in August 2026, homes in Chebeague Island have decreased in value (price per sqft) by 20% in the last year compared with August 2025.