If you’re considering buying a home in Maine—especially within the next three months—Kennebunk should absolutely be on your radar. This coastal gem blends timeless charm with a modern lifestyle, making it one of the most desirable places to live in Southern Maine. But what’s it really like to live here? Is it worth the investment? What’s the current real estate market doing?
In this article, we’ll break down everything you need to know using up-to-date 2024 data, local insights, and smart homebuyer strategies.
If the coastal lifestyle of Kennebunk resonates with you, take the next step and search current real estate listings across Southern Maine.
Kennebunk’s Vibe: Coastal New England with a Pulse
Kennebunk strikes a rare balance—it’s laid-back but never boring. The town offers a walkable downtown filled with art galleries, boutiques, cafés, and restaurants. Just minutes away, you’ll find pristine beaches like Gooch’s, Parsons, and Mother’s Beach, offering year-round shoreline access whether you’re into beachcombing or cold plunge dips.
Architectural charm is everywhere: restored Colonials, classic Capes, and historic sea captain homes line the streets. Yet Kennebunk isn’t stuck in the past—its infrastructure is strong, internet access is excellent, and the local business scene is thriving.
Residents enjoy a well-rounded lifestyle: outdoor recreation, cultural events, artisan markets, and seasonal festivals like May Day and the Kennebunk Art Walk. There’s always something going on, without the hustle of a bigger city.
Cost of Living in Kennebunk (2024)
Let’s be clear: Kennebunk is not a budget destination. If you’re relocating from a metro area like Boston or New York, the costs may seem reasonable—but for Mainers or out-of-state buyers expecting a deal, the sticker shock is real.
Here’s a breakdown based on 2024 data (Source: BestPlaces.net):
- 🏠 Housing: 53% above the national average
- 🛒 Groceries: 2% higher than the U.S. average
- 🚗 Transportation/Utilities: 8–10% above national norms
- 🏥 Healthcare: 9% higher than average
That said, many residents consider it a worthwhile trade-off. You’re investing in a lifestyle—walkability, clean air, natural beauty, and excellent public services.
Real Estate Market Snapshot (2024)
The Kennebunk housing market remains strong—but it’s shifting slightly in favor of buyers compared to the frenzied post-pandemic period. If you’re prepared and working with a local expert, 2024 could be a smart time to make your move.
Here are the current stats:
- 🏡 Average home value: $619,000 (Zillow, 2024)
- 📉 Median sale price (April 2024): $509,000 – up 18.4% YoY (Redfin, April 2025)
- ⏳ Average days on market: 33 days – up from 11 in 2023
This data tells us two things: prices are still climbing, but buyers are no longer forced to make snap decisions. Homes are staying on the market longer, and that gives you more negotiation room.
Inventory remains tight, especially for move-in-ready homes under $550,000. If you’re open to cosmetic updates or buying slightly outside the downtown area, your options open up.
Pros and Cons of Living in Kennebunk
Like any town, Kennebunk has its trade-offs. Here’s an honest breakdown to help you decide if it’s the right fit for your goals:
✅ Pros
- Beautiful Beaches: Public access to some of the most beloved beaches in Southern Maine, all within minutes of downtown.
- Walkable Lifestyle: You can live near the center and walk to shops, restaurants, and events.
- Strong Infrastructure: Plowed roads, reliable broadband, and responsive town services.
- Location, Location: 30 minutes from Portland, 90 minutes from Boston—ideal for commuters or second-home buyers.
⚠️ Cons
- Pricey Housing: Entry-level single-family homes are often over $600,000.
- Summer Traffic: Route 9 and downtown get crowded in July and August.
- Flood Insurance May Be Required: Some properties near the marsh or river fall within FEMA flood zones.
- Snowy Winters: This is still Maine. While the town is good at managing roads, winter is long.
A Day in the Life: Local Favorites & Lifestyle
Want a peek at how locals spend a typical Saturday?
Start with breakfast or coffee at Boulangerie—a beloved European-style bakery near downtown. After that, head to Gooch’s Beach for a walk or some morning sun. Spend the afternoon browsing the Brick Store Museum, which covers local history and culture, or visit the Kennebunk Farmers’ Market in season.
For lunch, check out Salt & Honey for upscale comfort food or Live Café for smoothies and healthy bites. Cap off your day with kayaking on the Mousam River or live music on Main Street.
This mix of charm and activity is a big part of why buyers choose Kennebunk over other Southern Maine towns.
Smart Homebuyer Tips for Kennebunk in 2024
- Get Pre-Approved Early
You’ll want to act fast when the right property comes up. Many sellers still expect a pre-approval letter with any offer. - Know Your Flood Zone
If you’re looking at homes near the coastline or marshland, confirm whether flood insurance is required. - Be Open to Fixer-Uppers
Move-in-ready homes are limited. A home that needs a little updating might offer the best value. - Work with a Local Realtor
A knowledgeable agent (hi, that’s me!) can help you navigate the market, avoid overpaying, and find hidden gems.
Final Thoughts: Is Kennebunk Right for You?
Kennebunk isn’t for everyone—but if you’re looking for a high-quality coastal lifestyle with excellent amenities, beautiful architecture, and a strong sense of place, it’s hard to beat.
Yes, it’s more expensive than the average Maine town. But the lifestyle, convenience, and long-term value make it a compelling choice for serious buyers.
Let’s Talk Strategy
If you’re planning to buy a home in Kennebunk—or anywhere in Southern Maine—within the next few months, let’s connect. I’m Doug Schauf, a local Realtor with The Make Maine Your Home Team at RE/MAX Oceanside, and I help buyers like you make smart, confident moves.
➡️ Ready to start your search? Contact me today.
And remember—if you Make Maine Your Home, you don’t have to do it alone.
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To reach out to Doug you can call or text 207-838-5593, search listings, or contact him with any questions.
If you Make Maine Your Home, you don’t have to do it alone!
