The housing market in Kennebunkport, ME (zip code 04046) is quite a sight to behold. The median value of homes in the area stands at $649,300, which is nearly double the US house median value of $338,100. Furthermore, over the last year home appreciation has been strong with an impressive 12.21% compared to the US 1 year house appreciation of 8.27%. This makes Kennebunkport an attractive place to invest in real estate for those with the financial means to do so.
The median home cost in Kennebunkport (zip 04046) is $649,300. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Kennebunkport (zip 04046) is up 16.2%.
Average Age of Homes
- The median age of Kennebunkport (zip 04046) real estate is 40 years old
The Rental Market in Kennebunkport (zip 04046)
- Renters make up 13.0% of the Kennebunkport (zip 04046) population
- 0.6% of houses and apartments in Kennebunkport (zip 04046), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.