How much do homeowners pay a month in Bar Harbor, ME?
Homeowners with a mortgage in Bar Harbor, ME pay a median of $2,602 (±$255) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $614 (±$153).
57.0% of owned homes carry a mortgage.
In Bar Harbor, the median monthly cost with a mortgage went from $1,668 in 2015–2019 to $2,602 in 2020–2024 (+56.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- With a mortgage
- $2,602 (±$255)
- Without a mortgage
- $614 (±$153)
- Owned with a mortgage
- 57.0%
Monthly owner costs in Bar Harbor
| Bar Harbor | Hancock County | Maine | United States | |
|---|---|---|---|---|
| With a mortgage | $2,602 (±$255) | $1,673 (±$51) | $1,729 (±$15) | $1,963 |
| Without a mortgage | $614 (±$153) | $579 (±$25) | $638 (±$6) | $638 |
| Owned homes with a mortgage | 57.0% (±12.1 points) | 53.2% (±2.1 points) | 57.7% (±0.6 points) | 60.6% |
| Median real estate taxes (a year) | $4,279 (±$481) | $2,561 (±$77) | $3,036 (±$26) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In Bar Harbor, the median cost with a mortgage is higher than in Hancock County ($1,673).
It is also higher than in Maine ($1,729).
It is higher than the national figure ($1,963).
In Hancock County, Bar Harbor ranks 1 of 37 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 11 of 461.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in Bar Harbor have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $1,668 (±$172) | $2,602 (±$255) | +56.0% | Up after inflation |
| Median real estate taxes | $3,115 (±$335) | $4,279 (±$481) | +37.4% | No measurable change after inflation |
| Median home value | $315,700 (±$42,312) | $538,400 (±$94,129) | +70.5% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median monthly cost with a mortgage in places near Bar Harbor
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Bar Harbor | — | $2,602 (±$255) | — |
| Mount Desert | 5.5 mi | $2,048 (±$219) | Lower |
| Sorrento | 6.8 mi | $1,600 (±$593) | Lower |
| Winter Harbor | 6.9 mi | $1,201 (±$145) | Lower |
| Lamoine | 7.1 mi | $1,637 (±$272) | Lower |
| Trenton | 7.8 mi | $1,504 (±$186) | Lower |
| Hancock | 8.8 mi | $1,512 (±$156) | Lower |
| Gouldsboro | 9.5 mi | $1,229 (±$500) | Lower |
| Cranberry Isles | 9.8 mi | $1,964 (±$1,933) | Not measurably different |
Nearby places with a measurably lower figure: Mount Desert, ME ($2,048), Sorrento, ME ($1,600), Winter Harbor, ME ($1,201).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Hancock County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 | Bar Harbor | $2,602 (±$255) |
| 2 | Blue Hill | $2,134 (±$515) |
| 3 | Mount Desert | $2,048 (±$219) |
| 4 | Castine | $2,045 (±$370) |
| 5 | Dedham | $1,990 (±$335) |
| 6 | Swans Island | $1,989 (±$712) |
| 7 | Tremont | $1,980 (±$226) |
Showing 7 of 37 places in Hancock County, ranked from highest to lowest.
The figures for Bar Harbor include the places inside it that have pages of their own: Bar Harbor (community).
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Bar Harbor
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Bar Harbor beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Bar Harbor, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Bar Harbor, and send estimates and invoices from your phone.
Questions about Bar Harbor
What is the average mortgage payment in Bar Harbor?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Bar Harbor, ME is $2,602 (±$255) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in Bar Harbor?
Owners without a mortgage in Bar Harbor pay a median of $614 (±$153) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in Bar Harbor gone up?
In Bar Harbor, the median monthly cost with a mortgage went from $1,668 in 2015–2019 to $2,602 in 2020–2024 (+56.0%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bar Harbor town, Hancock County, Maine
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Bar Harbor town, Hancock County, Maine
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Bar Harbor town, Hancock County, Maine
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Bar Harbor town, Hancock County, Maine
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Bar Harbor town, Hancock County, Maine
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Bar Harbor town, Hancock County, Maine (county subdivision:02865, in state:23 county:009).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Bar Harbor at a glance
- Median rent in Bar Harbor
- Rent by bedrooms in Bar Harbor
- Rent burden in Bar Harbor
- Renters and owners in Bar Harbor
- Income and affordability in Bar Harbor
- Home values in Bar Harbor
- Property taxes in Bar Harbor
- Types of homes in Bar Harbor
- Bedrooms in Bar Harbor
- Age of homes in Bar Harbor
- Heating fuel in Bar Harbor
- Commute and cars in Bar Harbor
- Crime reported to police in Bar Harbor
- Population growth in Bar Harbor
- How long people stay in Bar Harbor
- Crowding and facilities in Bar Harbor
- Maine landlord and tenant rules
- Housing across Hancock County
- Housing data for every place in Maine