The story of this market
The typical home in ZIP 04046 sells for about $1,100,000, or $701 per square foot.
Prices are down 24.6% from a year ago, which gives buyers more room to negotiate. Homes take about 64.5 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,477 a month.
ZIP 04046 — Kennebunkport
The Kennebunkport housing market is currently experiencing a cooling phase, characterized by a significant year-over-year decline in median sale prices and a high inventory of luxury listings. While demand remains present, the market is shifting toward a more balanced state as buyers react to high price points and economic uncertainty. The high vacancy rate reflects the significant portion of seasonal and second-home properties in the area.
This ZIP is ideal for affluent retirees, second-home buyers, and remote professionals seeking a coastal lifestyle, though it remains challenging for local workforce renters.
Median prices moved down 24.6% year over year.
Homes spend a median of 65 days on market with 31.5 months of supply — a slower-moving market.
17% of listings have cut prices · homes sell at 95.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 5.3% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 04046, York County ME
Crime rates in Kennebunkport are generally low, consistent with the broader coastal Maine region, and are considered safe for residents and visitors.
Schools serving the area are part of RSU 21, which generally maintains a positive reputation for academic performance and student support within the local community.
The area faces typical coastal risks including storm surge and wind exposure, with property insurance premiums reflecting these environmental factors.
Economic momentum is driven by tourism, hospitality, and a growing base of remote professionals, with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Commuting to Portland or Portsmouth typically requires a 30-45 minute drive via I-95, as public transit options are limited.
The area features extensive coastal access, including Goose Rocks Beach and Cape Porpoise, alongside numerous hiking trails and local golf courses.
The rental market is heavily influenced by seasonal demand and short-term vacation rentals, leading to limited year-round inventory and high price pressure.
The local economy is anchored by tourism, hospitality, and small-scale professional services, with many residents commuting to the Portland metro area.
Transportation is primarily car-dependent, with access to I-95 serving as the main artery for regional travel.
Development is strictly managed by local zoning to preserve the historic character of the town.
The York County assessment process relies on municipal-level data provided by the Town of Kennebunkport.
Parcels are subject to RSU 21 school district taxes and municipal service assessments.
Property insurance costs are elevated due to coastal hazard exposure and regional climate risks.
Maine continues to see net positive domestic migration, particularly from the Northeast corridor.
Maine is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Sellers are required to provide a property disclosure statement regarding known defects.
Data retrieved from data.census.gov ZCTA 04046 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Funtown Splashtown USA4.59.4 mi
- Urban Air Trampoline and Adventure Park3.817.6 mi
- Palace Playland4.29.2 mi
- Round1 Bowling & Arcade - South Portland4.117.5 mi
- Raptor Falls Mini Golf & Adventure Park4.84.2 mi
- Thompson's Point4.519.4 mi
- Children's Museum & Theatre of Maine4.519.4 mi
- Bissell Brothers4.619.5 mi
- The Nonantum Resort4.63.1 mi
- The Front Porch Piano Bar & Restaurant4.512.6 mi
- Funtown Splashtown USA4.59.4 mi
- Apple Cinemas Saco and IMAX4.39.5 mi
- Rachel Carson National Wildlife Refuge4.75.2 mi
- Old Orchard Pier4.59.2 mi
- Palace Playland4.29.2 mi
- Portland Head Light4.819.9 mi
- Nubble Lighthouse4.917.3 mi
- Fort Williams Park4.819.7 mi
- Children's Museum & Theatre of Maine4.519.4 mi
- Seashore Trolley Museum4.72.6 mi
- Funtown Splashtown USA4.59.4 mi
- Rachel Carson National Wildlife Refuge4.75.2 mi
- Ferry Beach State Park4.76.6 mi
- Scarborough Beach4.512.5 mi
- Thousand Trails Moody Beach410.9 mi
- Dunegrass Golf Club4.29.5 mi
- Dutch Elm Golf Course4.26.9 mi
- Atlantic Pines Golf Club at Old Marsh3.910.9 mi
- Merriland Farm4.87.5 mi
- Shaw's47.6 mi
- Sea Salt Lobster4.38.6 mi
- T.J. Maxx4.46.7 mi
- Reny's Department Store4.49.5 mi
- Renys Department Store4.57.6 mi
- Portland International Jetport4.418.9 mi
- Portsmouth International Airport4.628.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A popular, scenic coastal beach area.
A historic working harbor with dining and views.
A private, historic golf course in the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.