Kennebec County, Maine home prices
Typical home $315,675 · +0.6% in a year · property tax 1.09%
The typical home in Kennebec County is worth $315,675, 23% less than the Maine typical home ($412,002). Values changed +0.6% in the past year and +29.9% over five years. Homeowners here pay a median 1.09% of their home's value in property tax each year ($3,452 on the typical home), versus 0.92% statewide.
Mortgage on the typical Kennebec County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $63,135 | $252,540 | $1,699 | $0 | $446 | $2,144 | $91,900 |
| 10% down | $31,568 | $284,108 | $1,911 | $118 | $446 | $2,475 | $106,100 |
| 5% down | $15,784 | $299,892 | $2,017 | $125 | $446 | $2,588 | $110,900 |
| 3.5% down (FHA) | $11,049 | $309,958 | $2,085 | $140 | $446 | $2,670 | $114,400 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.09% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Maine · part of the Augusta metro area.
Maine counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Oxford County | $316,256 | +0.1% | 0.99% |
| Androscoggin County | $328,518 | +1.0% | 1.16% |
| Franklin County | $290,988 | +1.0% | 1.04% |
| Waldo County | $344,137 | +3.7% | 1.04% |
| Penobscot County | $277,437 | +2.0% | 1.16% |
| Somerset County | $228,626 | +1.9% | 1.08% |
| Piscataquis County | $227,800 | +0.2% | 0.9% |
| Hancock County | $419,630 | +2.9% | 0.83% |
| Washington County | $199,733 | -0.1% | 1.04% |
| Sagadahoc County | $432,225 | +1.7% | 1.04% |
Frequently asked questions
What is the average home price in Kennebec County, ME?
The typical home value in Kennebec County is $315,675 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Kennebec County?
About $91,900 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Kennebec County?
The median effective rate is 1.09% of home value a year (Census ACS 2024 5-year estimates).