The typical owner-occupied home in Kennebunkport is worth about $814,400, 2.7 times the Maine median of $296,600 and 2.4 times the national median of $332,700. Owners pay a median $4,255 a year in property taxes, about 0.52% of their home's value, lower than the Maine rate of 1.02%. The median household earns $121,189 a year, so the median home costs 6.7 times the median income (4.0 times for Maine). 90% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Kennebunkport at a glance
| Kennebunkport | Maine | U.S. | |
|---|---|---|---|
| Median home value | $814,400 | $296,600 | $332,700 |
| Median property tax paid per year | $4,255 | $3,036 | $3,119 |
| Property tax as a share of value | 0.52% | 1.02% | 0.94% |
| Median household income | $121,189 | $74,733 | $80,734 |
| Homes lived in by their owners | 90% | 74% | 65% |
| Owner homes with a mortgage | 51% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $3,027 | $1,729 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 20.6% | 21.0% |
| Median rent | – | $1,139 | $1,413 |
| Median year homes were built | 1978 | 1977 | 1980 |
| Vacant homes | 32.8% | 20.6% | 10.1% |
| Population | 1,276 | 1,387,817 | 334,922,499 |
What a typical home costs per month in Kennebunkport
At this week's average 30-year rate of 7.11%, buying the median Kennebunkport home of $814,400 with 20% down costs about $5,075 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,563, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $217,503 for the 20%-down payment. That payment is 50% of the median Kennebunkport household income of $121,189; at that income and 20% down, the 28% guideline points to a home of about $454,000.
| Down payment | $162,880 |
|---|---|
| Loan amount | $651,520 |
| Principal and interest | $4,383 |
| Property taxes (0.52% a year) | $353 |
| Homeowners insurance (our estimate, 0.5% a year) | $339 |
| PMI | $0 |
| Total per month | $5,075 |
Change the numbers in the calculator
| Down payment | $28,504 |
|---|---|
| Loan amount | $799,649 |
| Principal and interest | $5,379 |
| Property taxes (0.52% a year) | $353 |
| Homeowners insurance (our estimate, 0.5% a year) | $339 |
| FHA mortgage insurance | $491 |
| Total per month | $6,563 |
Change the numbers in the calculator
Questions about home buying in Kennebunkport
What is the median home value in Kennebunkport?
About $814,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kennebunkport?
Homeowners pay a median $4,255 a year, which is about 0.52% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Kennebunkport?
For the median home with 20% down at 7.11%, the payment is about $5,075 a month. Keeping that under 28% of gross income takes about $217,503 a year.
More about Kennebunkport
- Mortgage Refinance in Kennebunkport
- Debt Relief in Kennebunkport
- Home Equity Loans in Kennebunkport
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data