Kennebunk, ME Home Values & Market Trends

Real estate market trends reflect that there have been 268 transactions over the past year in Kennebunk. The median value for residential home transactions that occurred over the previous year is $621,398.01. The number of current listings in Kennebunk is 3, and the percentage of properties for sale in the city is 3.00%. Kennebunk, ME currently has 2 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 3 properties for sale.

Kennebunk, ME Real Estate Market Overview

ZipMedian Est. Value
04043

$ 1,835,427

$ 451/sqft

Housing Market Summary for Kennebunk, ME

Apr 2023March 2024Change
Median Listing Price$360K$570.7K58.53%
Median Sold Price$485K$570.7K17.67%
Homes For Sale11-
Homes Sold9712326.80%
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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 Kennebunk, ME

Kennebunk home values range from $40,268 to $11,391,019. The median estimated value of a home in Kennebunk is $621,398.01. The median list price of a home is 1,700,000, and the total count of properties in the city is 5,610.

Foreclosure
There is 1 zips within Kennebunk, ME; within this zips, the median estimated home value for homes in foreclosure ranges from $747,917 in 04043 to the lowest value of $558,948 in 04043. Foreclosure homes account for 0.00% of properties in Kennebunk, ME with 04043 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.02% of all residential properties in Kennebunk, ME with 04043 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Kennebunk, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $558,948 in 04043 to the lowest home value of $558,948 in 04043.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Kennebunk, ME ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Kennebunk, ME. There is 1 zips within Kennebunk, ME; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    04043 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Kennebunk, ME. Auction homes and other auction properties account for 0.02% of all properties in Kennebunk, ME. There is 1 zips within Kennebunk, ME; of that zips, the median estimated home value for homes going to auction ranges from $747,917 in 04043 to the lowest value of $747,917 in 04043.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.05% of residential properties in Kennebunk, ME with 04043 containing 3 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Kennebunk, ME; homes for sale in that zips, have a range of median values from $2,102,360 in 04043 to the lowest value of $1,213,023 in 04043.
    Sold Homes
    The median value for recently sold homes ranges from $6,246,625 in 04043 to the lowest price of $161,730 in 04043. There is 1 zips within Kennebunk, ME. 04043 has 122 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.17% of properties in Kennebunk, ME.

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      Guide for Kennebunk, ME

      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
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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 Kennebunk, ME

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