Housing in Island Falls, ME
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$142,891
Island Falls vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Island Falls is highlighted.
Median Home Value
6th%ilemost expensive$64,200show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$64,200
Median Rent
N/A
Total Housing Units
193
Vacancy Rate
19.7%
Owner Occupied
91.0%
Renter Occupied
9.0%
Median Property Tax
$1,255
per year
Monthly Cost (w/ Mortgage)
$634
Housing Types
Single Family86.5%
Multi-Family8.8%
Mobile Home4.7%
The median home value in Island Falls, ME is $64,200. According to Zillow, the home value index for Island Falls is $142,891. About 91.0% of housing units are owner-occupied. The median year homes were built is 1938. There are 193 total housing units.