Northeast5.0% avg cap rateLive · 36 active listings

Bar Harbor, ME

Acadia National Park gateway - Maine's premier island STR market

Bar Harbor sits at the entrance to Acadia National Park on Mount Desert Island - Maine's top tourist destination and the second most-visited national park in the East. The compressed summer season (July-August) produces some of the highest short-season occupancy rates in New England. Lobster dinners, whale watching, and the carriage road network create a tourism ecosystem that supports premium ADR.

Across 36 active STR-viable listings analyzed this month, Bar Harbor shows a 5.0% median cap rate at a $725K median list price, 61% occupancy, and $278/night. That ranks #10 of 57 markets in STRROI's live ranking. At typical prices the income covers expenses with a moderate margin; deals work best with a solid down payment or a below-market purchase.

5.0%
Median Cap Rate
Across analyzed listings
61%
Avg Occupancy
Annual average
$278
Avg Nightly Rate
All property types
$725K
Median List Price
STR-viable properties

Bar Harbor real estate market right now

As of October 16, 2026, STRROI is tracking 36 homes for sale in Bar Harbor that could run as short-term rentals, at a median list price of $724,500. The middle half are priced between $575K and $1.0M. That works out to a median of $516 per square foot for a typical 1,586 square foot home.

36
Homes for sale
Analyzed as rentals
$575K to $1.0M
Price range
Middle half of listings
$516
Price per sq ft
Median, 1,586 sq ft typical

These numbers cover the homes for sale STRROI analyzes as potential short-term rentals in Bar Harbor, mainly ZIP 04609. They are not every home sale in the area, so they can differ from MLS-wide figures. Month-by-month price history starts Oct 2026 and fills in as the market is re-checked each month.

What's for sale in Bar Harbor right now

Of the 36 homes for sale we analyzed in Bar Harbor, 5 (14%) project positive monthly cash flow with 20% down at a 7.5% rate, and 1 rate Buy or better on STRROI's 1-10 scale. 3-bedroom homes are the most common (15 for sale, median $599K). They also post the best median cap rate of any bedroom count, 5.2%, against 3.6% for 4-bedroom homes. By property type, condos lead at a 5.1% median cap rate across 3 listings.

How 36 listings rate as an Airbnb
  • Buy: 1
  • Moderate Buy: 1
  • Watch: 3
  • Weak: 20
  • Avoid: 11
By bedrooms
BedsFor saleMedian priceCap rate
212$697K4.9%
315$599K5.2%
44$1.8M3.6%
5+4$2.3M4.4%
By property type
TypeFor saleMedian priceCap rate
Single-family homes31$699K5.0%
Condos3$735K5.1%

Top-ranked homes for sale in Bar Harbor this month

Scored 1-10 against real Airbnb comps. Addresses, photos and the full underwriting are in the app.

  1. #1Buy · 7/10
    3 bd · 1 ba single-family home
    ZIP 04609 · listed at $549K
    Cap rate
    8.2%
    Cash flow
    +$664/mo
    Nightly
    $358 at 61%
  2. #2Moderate Buy · 6/10
    3 bd · 1 ba single-family home
    ZIP 04609 · listed at $599K
    Cap rate
    7.4%
    Cash flow
    +$365/mo
    Nightly
    $358 at 61%
  3. #3Watch · 5/10
    2 bd · 1 ba single-family home
    ZIP 04609 · listed at $468K
    Cap rate
    7.1%
    Cash flow
    +$134/mo
    Nightly
    $273 at 61%
See which homes these are

How Bar Harbor compares

Bar Harbor ranks #4 of 6 Northeast markets in STRROI's live ranking; Poconos leads the region with a median cap rate of 8.4%. Its 5.0% cap rate is 2.1 points above the 2.9% median across all 57 ranked markets, and its $725K typical list price is pricier than the Northeast median of $522K.

Northeast STR markets by median cap rate
RankMarketCap rateTypical price
#1Poconos, PA8.4%$428K
#2Catskills, NY7.2%$450K
#3Finger Lakes, NY6.8%$380K
#10Bar Harbor, ME5.0%$725K
#20Cape Cod, MA3.8%$594K
#39The Hamptons, NY2.4%$2.2M

Rank is national, by median cap rate across active STR-viable listings. Cash flow uses STRROI's default financing assumptions. See the full ranking

Estimated Annual Performance

Gross rental revenue
61% occ × $278/night
$61,795
Est. operating expenses
Mgmt, cleaning, supplies, insurance (~40%)
- $24,718
Est. net operating income
Before mortgage & depreciation
$37,077
Median cap rate
Per-listing underwriting across 36 listings
5.0%

* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.

Why Investors Choose Bar Harbor

Acadia NP gateway - 4M+ national park visitors annually
Peak summer occupancy among highest in New England
Island location (causeway access) creates natural supply limits
Cruise ship port adds non-overnight visitor foot traffic that fills restaurants/shops
Peak season: July - August (very concentrated)
Top property types: Cottage, Single Family, Inn Suite, Waterfront Home
Primary zip: 04609, 04660

Bar Harbor STR investing, answered

Is Bar Harbor, ME a good short-term rental market?

Bar Harbor is a Northeast STR market with a 5.0% median cap rate, 61% annual occupancy, and $278/night across STR-viable listings, based on 36 active listings. It ranks #10 of 57 markets by median cap rate in STRROI's live ranking. This month 1 of its 36 homes for sale rates Buy or better.

What is the average Airbnb occupancy rate in Bar Harbor?

STR-viable properties in Bar Harbor average about 61% occupancy across the year. Peak season is July - August (very concentrated). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.

How much do short-term rentals earn in Bar Harbor?

At $278/night and 61% occupancy, a typical Bar Harbor STR grosses roughly $61,795 per year before expenses, leaving an estimated $37,077 in net operating income. Across analyzed listings the median cap rate is 5.0%. Individual results depend on property, amenities, and management.

What types of properties work best for STR in Bar Harbor?

Among homes for sale right now, 3-bedroom homes post the strongest median cap rate by size (5.2%), and condos lead by property type (5.1%). With guests, the best-performing STR types here are Cottage, Single Family, Inn Suite, Waterfront Home. Matching the local guest profile and the amenities that drive bookings matters more than raw square footage.

How many homes for sale in Bar Harbor cash flow as an Airbnb?

5 of 36 STR-viable listings (14%) project positive monthly cash flow after the mortgage, assuming 20% down at a 7.5% rate on a 30-year loan. The top-ranked listing this month is a 3-bedroom single-family home in ZIP 04609 listed at $549K, projecting a 8.2% cap rate and +$664 a month.

What is the median home price in Bar Harbor, ME right now?

The median list price of the 36 homes for sale STRROI tracks in Bar Harbor is $724,500, and the middle half are priced between $575K and $1.0M. The median price per square foot is $516. These are homes that could run as short-term rentals, mainly ZIP 04609, not every sale in the area. Against a 5.0% median cap rate, that price level sets the return baseline you'd underwrite against.

Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.Stats sourced from 36 active listings · last updated Oct 16, 2026

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