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

In June 2026 Monhegan homes were listed to buy for a median price of $695K, which is a 10% decrease to May 2025 last month, and a 10% decrease to June 2025 last year. The median value of a home listed to buy in Monhegan in June 2026 was $434 per sqft, which is a 17% decrease to May 2025 last month, and a 17% decrease to June 2025 last year.

Is it affordable or expensive to live in Monhegan, ME?

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

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

Yes now is a good time to buy property in Monhegan, in June 2026, homes in Monhegan have decreased in value (price per sqft) by 17% in the last year compared with June 2025.

Is the Monhegan, ME housing market slowing down?

The housing market in Monhegan is slowing down. In June 2026, homes to buy in Monhegan spent an median 60 days on the market, a 11% decrease from June 2025 last year.

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

In June 2026, Monhegan homes were listed to buy for a median price of $695K, with 25% down you would need $4.01K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $137K.

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

Yes now is a good time to sell your house in Monhegan, in June 2026, homes in Monhegan have decreased in value (price per sqft) by 17% in the last year compared with June 2025.

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Monhegan, ME Real Estate Snapshot

List Price

$695,000

$/Sqft

$434

Homes For Sale

Home Size

1,600 Sqft

Days on Movoto

Frequently Asked Questions about Monhegan, ME

The Movoto Advantage

Movoto gives you access to the most up-to-the-minute open houses, live stream and virtual 3D tour information in Monhegan. As a licensed brokerage in Maine (and across the United States), Movoto has access to the latest real estate data including Monhegan Homes for Sale, Monhegan Single family for Sale, Monhegan New Listings for Sale, Monhegan Recently Sold Homes, Monhegan Waterfront for Sale, Monhegan Foreclosures for Sale.

Real Estate & Homes For Sale Nearby Monhegan, ME

ZIP Codes

Homes for sale in 04852, ME