Kennebunk, ME

Buyer's market-28.8% YoY

Housing market overview · Updated weekly

$480,000median sale price

Homes sold

2

Last 12 weeks

Days on market

59

Average pace

Active listings

16

8.0 months supply

Sale-to-list

101.5%

Above asking

The Kennebunk housing market is currently classified as a buyer's market with a median sale price of $480,000. Prices have fallen 28.8% compared to last year, with homes spending an average of 59 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Kennebunk

There are currently 16 homes listed for sale in Kennebunk, Maine. The median listing price is $499K.

Active listings

16

Homes on market

Median list price

$499K

Avg. days on market

59

Days until sale

New this week

3

Newly listed

Price drops:18.8%of listings
Sale-to-list:101.5%

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Frequently asked questions

What is the average home price in Kennebunk?

The median home sale price in Kennebunk is $480,000, down 28.8% from last year.

How long do homes stay on market in Kennebunk?

Homes typically spend 59 days on market before going under contract.

Is Kennebunk a buyer's or seller's market?

With 8.0 months of supply, Kennebunk is currently a buyer's market.

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