Kennebunk, ME is a great place to live and invest in housing. The median value of a house in this area is $555,500, which far exceeds the national median of $338,100. Furthermore, the 1-year appreciation of houses in Kennebunk has been 12.21%, which is higher than the national average of 8.27%. This indicates that Kennebunk real estate continues to increase in value over time. As such, investing in property here can be very lucrative and wise decision for buyers.
The median home cost in Kennebunk is $555,500. Home appreciation the last 10 years has been 95.8%. Home Appreciation in Kennebunk is up 16.2%.
Average Age of Homes
- The median age of Kennebunk real estate is 35 years old
The Rental Market in Kennebunk
- Renters make up 16.7% of the Kennebunk population
- 0.0% of houses and apartments in Kennebunk, 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.