Commercial Real Estate Market in Kennebunk, ME
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
26 active listings and 446 off-market properties in Kennebunk, ME.
Market Trends
Kennebunk, ME spans 35.1 square miles in York County, Maine. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Kennebunk, ME asks $168/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Kennebunk, ME asks $291/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Kennebunk, ME runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Kennebunk, ME asks $272/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 34.7%
- Agricultural 32.3%
- Civic 16.5%
- Commercial 3.6%
- Industrial 2.9%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Rural Conservation
Rural Residential
Village Residential
Suburban Residential
Branch Brook Aquifer Zone B
Rural Conservation (RC)
The Rural Conservation District includes lands with multiple natural resource constraints or that are especially important for their recreational, scenic, or other resource based opportunities, including farming and woodlands or that are especially important for long term protection of water quality
Market overview
Demographics & Economy
Kennebunk, ME has 11,536 residents in 6,243 households. Density runs 329 people per square mile. Median household income here is $101,204 and median gross rent $1,405 a month.
11,536
Population
6,243
Households
1.8
Avg Household Size
52
Median Age
50%
College-Educated
97%
High-School Grad
35.1 sq mi
ZIP Area
329
Density / Sq Mi
$101,204
Median Household Income
$53,283
Median Earnings
$1,405
Median Rent
$460,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Arundel | — | — |
| Kennebunkport | — | — |
| Wells | — | $21.32 |
| Dayton | — | — |
Commercial property in Kennebunk, ME asks $237/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Kennebunk?
Commercial property in Kennebunk, ME asks an average of $237 per square foot. The 4 most recent recorded sales traded at a median of $2,042/SF. Retail carries the highest asking price at $291/SF.
Where does Realmo's Kennebunk market data come from?
Realmo compiles Kennebunk, ME figures from 5 recent recorded sales, 25 active sale listings, 1 active lease listings, 446 tracked off-market properties, the current Kennebunk zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 1 active for-lease listings in Kennebunk, ME. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 22,537 zoned acres across 25 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
