Is Kennebunk, ME 04043 a buyer’s or seller’s market?
Kennebunk is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 49% of U.S. ZIP codes, and #66 of 105 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Kennebunk housing market right now
In the three months ending August 31, 2026, 20% of homes in Kennebunk, ME 04043 sold above their list price, the typical home went under contract in 37 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 72 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold faster (47 days then) and the median sale price fell 6% to $629,728. Overall, Kennebunk is less competitive than a year ago, which gives buyers more room.
Within York County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Kennebunk ranks #66 of 105 ME ZIP codes with enough sales (score 49 out of 100).
Nearby, buyers who want less competition could look at Ocean Park 04063 (0% sold over asking) or Biddeford Pool 04006 (0% sold over asking), while East Waterboro 04030 (64% sold over asking) and Buxton 04093 (64% sold over asking) are even more competitive.
Run the numbers for 04043
Nearby markets
Acton 04001Seller’s market $388 /sq ftAlfred 04002Seller’s market $293 /sq ftBerwick 03901Seller’s market $261 /sq ftBiddeford 04005Seller’s market $308 /sq ft Browse all markets →Towns like Kennebunk nearby
Find towns like Kennebunk in other states →Where Kennebunk is
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Questions about Kennebunk real estate
Is Kennebunk a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Kennebunk, ME 04043 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Kennebunk?
The typical home went under contract in 37 days in the latest three months.
Do homes in Kennebunk sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Kennebunk?
About 0.96% of a home’s value a year in York County, or roughly $3,840 on a $400,000 home.
What is the median home price in Kennebunk?
The median sale price was $629,728 in the three months ending August 31, 2026, about $378 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology