Kennebec County, ME Home Values & Market Trends

The median home price in Kennebec County, ME is $297,435.47. There were 1,983 home sales in Kennebec County, ME over the past 12 months. The median residential Kennebec County, ME home value for transactions over the previous year is $231,500. The number of current listings in Kennebec County, ME is 36, and the percentage of properties for sale is 36.00%. The county has 54 foreclosures, 3 bank owned properties, 2 headed for auction, and 36 properties for sale.

Kennebec County, ME Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Augusta

$ 270,000

$ 208/sqft

North Monmouth

$ --

$ --

Waterville

$ 195,238

$ 180/sqft

Wayne

$ --

$ --

Gardiner

$ 198,532

$ 152/sqft

Mount Vernon

$ --

$ --

Oakland

$ 180,591

$ 146/sqft

Kents Hill

$ --

$ --

Randolph

$ 159,304

$ 145/sqft

Vassalboro

$ --

$ --

Winthrop

$ 456,247

$ 166/sqft

Readfield

$ --

$ --

Belgrade

$ 516,867

$ 321/sqft

Hallowell

$ --

$ --

Monmouth

$ 413,087

$ 426/sqft

South China

$ --

$ --

Clinton

$ 246,510

$ 141/sqft

Farmingdale

$ --

$ --

Windsor

$ --

$ --

Manchester

$ --

$ --

Litchfield

$ --

$ --

Vienna

$ --

$ --

Belgrade Lakes

$ --

$ --

Albion

$ --

$ --

South Gardiner

$ --

$ --

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Housing Market Summary for Kennebec County, ME

Apr 2023March 2024Change
Median Listing Price$320K$285.7K-10.72%
Median Sold Price$246.1K$285.7K16.10%
Homes For Sale263326.92%
Homes Sold74086416.76%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Kennebec County, ME

Kennebec County, ME home values range from $21,334 to $10,286,415. Belgrade is the priciest city with a median listing home price of $409,000, and Randolph is most affordable with average house prices of around $167,450.

Foreclosure
There are 25 cities within Kennebec County, ME; within these cities, the median estimated home value for homes in foreclosure ranges from $469,566 in Waterville to the lowest value of $68,804 in Waterville. Foreclosure homes account for 0.00% of properties in Kennebec County, ME with Waterville containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.10% of all residential properties in Kennebec County, ME with Waterville containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 25 cities within Kennebec County, ME; of those cities, the estimated home value for pre-foreclosure homes ranges from $261,283 in Litchfield to the lowest home value of $68,804 in Waterville.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Kennebec County, ME ranges from the highest value of $283,517 in Litchfield to the lowest value of $179,270 in Gardiner. Bank owned homes and properties account for 0.01% of properties in Kennebec County, ME. There are 25 cities within Kennebec County, ME; Litchfield containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Oakland has 1 auction properties, the highest number of properties going to auction in a single city in the state of Kennebec County, ME. Auction homes and other auction properties account for 0.00% of all properties in Kennebec County, ME. There are 25 cities within Kennebec County, ME; of those cities, the median estimated home value for homes going to auction ranges from $245,582 in Oakland to the lowest value of $245,582 in Oakland.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in Kennebec County, ME with Augusta containing 9 homes for sale, the highest number of listed properties in a single city. There are 25 cities within Kennebec County, ME; homes for sale in those cities, have a range of median values from $516,867 in Belgrade to the lowest value of $27,553 in Gardiner.
    Sold Homes
    The median value for recently sold homes ranges from $1,291,297 in Readfield to the lowest price of $35,567 in Readfield. There are 25 cities within Kennebec County, ME. Augusta has 118 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.76% of properties in Kennebec County, ME.

      Compare Nearby Cities

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      Guide for Kennebec County, ME

      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
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      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Property Values and Sales on the Rise in Savannah, Georgia – April 2024
      Market Reports|posted 17 April 2024

      Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.

      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Pennsylvania|posted 17 April 2024

      Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.

      Recently Listed Homes Kennebec County, ME

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