Chebeague Island, ME Housing Market
$645,885
0.8% 1-yrThe average Chebeague Island, ME home value is $645,885, down 0.8% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Chebeague Island Key Takeaways
Typical Home Values: $645,885
1-Year Value Change: -0.8%
(Data through August 31, 2026)
Chebeague Island Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Chebeague Island
- NameMedian ZHVI
- Great Diamond Island$798,396
- Bailey Island$848,355
- Peaks Island$732,474
- East Deering$471,583
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Chebeague Island Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Chebeague Island, ME?
The median home value in Chebeague Island, ME is $645,885 as of August 2026. This represents a 0.6% increase compared to last month and a 0.8% decrease year-over-year.
How have home values changed in Chebeague Island, ME?
Home values in Chebeague Island, ME have increased by 0.6% month-over-month and 0.8% year-over-year.
How do home values in Chebeague Island, ME compare to Cumberland County, Maine, and the national average?
The median home value in Chebeague Island, ME ($645,885) compares to: Cumberland County ($562,066), Maine ($415,552), and the U.S. national median ($368,697).
