Peaks Island, South Portland, ME
Peaks Island — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Peaks Island, South Portland, Maine. Explore the cited sources and local facts below while agent underwriting continues.
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Peaks Island Neighborhood Overview
Peaks Island is a vibrant, close-knit island community in Casco Bay, officially part of the city of Portland. Just a 15-20 minute ferry ride from the mainland, it offers a unique blend of quiet island living with easy access to urban amenities.
Housing & Real Estate
The housing market is a mix of historic Victorian summer cottages, year-round homes, and modern waterfront properties. With a median home value of $418,000, real estate is competitive, reflecting high demand for this unique island setting.
Schools & Education
Younger students attend the one-room Peaks Island Elementary School (grades K-5), part of the Portland Public Schools district. For middle and high school, students take the ferry to attend schools on the mainland in Portland.
Parks & Recreation
Residents enjoy walking or biking the island's quiet roads, exploring rocky beaches, and visiting the Fifth Maine Museum. The 4-mile perimeter path offers stunning ocean views, and water activities like kayaking are popular in the summer.
Local Dining & Shopping
The island has a handful of essential businesses, including a general store, a couple of casual cafes, and a popular ice cream shop. For more extensive dining and shopping options, residents take the short ferry ride into Portland's Old Port.
Who Lives Here
The community is a blend of multi-generational families, artists, and professionals who value a tight-knit, outdoor-oriented lifestyle. With a median income of $90,893, it is a relatively affluent area where many residents work remotely or commute to Portland.
Peaks Island Market Data
| Metric | Value |
|---|---|
| Median Home Price | $418K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $91K |
| Homeownership Rate | 84.7% |
| Renter-Occupied | 15.3% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Primary ZIP Code | 04108 |
Top Real Estate Agents in Peaks Island, South Portland
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Peaks Island, South Portland, ME. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Maine Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-10