Why Live in Ferry Village
Ferry Village in South Portland, ME, is a neighborhood characterized by its diverse housing options, from traditional clapboard New Englanders and Gambrel homes to Cape Cods and ranch-style houses, alongside modern condos and apartments. The area features several pocket parks, including a playground on School Street and the Pine Street Little League Fields. Bug Light Park, with its iconic Portland Breakwater Light, offers scenic views and access to the Greenbelt Walkway, a trail extending to Scarborough. Residents have convenient access to grocery stores like Hannaford and Shaw’s within 2 miles, and the Ferry Village Market provides hot meals and essentials. Dining options include Saltwater Grille, known for its seafood, and Evie’s Ferry Village Watering Hole for drinks and live music. The neighborhood also boasts cultural attractions such as the Mad Horse Theatre Company and Lyric Music Theater, which hosts community productions and offers scholarships. Seasonal events like the holiday tree lighting at Mill Creek Park and the annual Art in the Park event add to the community spirit. Transportation is facilitated by the South Portland bus service, with easy access to Interstate 295 and Maine State Route 77. The Downeaster Amtrak train station is 5 miles away, and Portland International Jetport is 7 miles distant. Children in Ferry Village can attend highly rated schools in the South Portland Public Schools district, with Waynflete, a top-ranked private school, located just under 4 miles away.
Frequently Asked Questions
Is Ferry Village a good place to live?
Ferry Village is a good place to live. Ferry Village is considered somewhat walkable and very bikeable with some transit options. Ferry Village has 6 parks for recreational activities. It is somewhat dense in population with 9.9 people per acre and a median age of 40. The average household income is $92,381 which is below the national average. College graduates make up 51% of residents. A majority of residents in Ferry Village are renters, with 50.5% of residents renting and 49.5% of residents owning their home. A
local real estate agent serving Ferry Village can help you decide if this neighborhood is the right one for you. Learn more on our
Ferry Village neighborhood guide.
How much do you need to make to afford a house in Ferry Village?
The median home price in Ferry Village is $527,500. If you put a 20% down payment of $105,500 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $2,600 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $111K a year to afford the median home price in Ferry Village. The average household income in Ferry Village is $92K.
What are the best public schools in Ferry Village?
The best public schools that serve Ferry Village are:
What are the best private schools in Ferry Village?
The best private schools that serve Ferry Village are:
What are the most popular zip codes in Ferry Village, South Portland, ME?
What are the most popular neighborhoods near Ferry Village, South Portland, ME?
Are home prices dropping in Ferry Village?
Yes, home prices in Ferry Village are down 12% in the last 12 months.
Home Trends in Ferry Village, ME
On average, homes in Ferry Village, South Portland sell after 47 days on the market compared to the national average of 52 days. The median sale price for homes in Ferry Village, South Portland over the last 12 months is $522,500, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$522,500
Median Single Family Sale Price
$530,000
Median 2 Bedroom Sale Price
$365,000
Median 1 Bedroom Sale Price
$217,500
Average Price Per Sq Ft
$410
Number of Homes for Sale
2
Last 12 months Home Sales
14
Median List Price
$527,500
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-2%
