The story of this market
The typical home in Kittery, Maine sells for about $468,500, or $421 per square foot.
Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $1,716 a month.
Monthly price momentum
Home values since 2015
+6.8%
ME · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Kittery, Maine
Kittery's housing market remains tight with limited inventory and high demand, driven by its strategic location near Portsmouth and the stability of the local defense-related economy. While price growth has been significant, the market is currently characterized by a lack of active listings, which continues to support elevated price points. Data gaps regarding specific sales volume and tax rates reflect the town's small-market nature.
No ARED county foreclosure postings attributed to Kittery yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 3.7% year over year.
Homes spend a median of 43 days on market with 3.8 months of supply — a fast-moving market.
16% of listings have cut prices · homes sell at 98.67% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 7.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A historic coastal park offering walking trails, beaches, and views of the Atlantic, serving as a primary outdoor destination for residents.
A major retail destination that draws visitors from across the region, contributing to the local economy and commercial activity.
Kittery is well-suited for professionals working in the Portsmouth area, families seeking a coastal community with access to quality schools, and investors looking for stable demand in a supply-constrained market.
Kittery schools are generally regarded as providing a stable educational environment within the local district, though specific performance metrics vary by campus.
Kittery is served by major highway corridors including I-95 and US Route 1, facilitating regional connectivity to Portsmouth and Portland.
Kittery offers significant recreational access through its coastal location, including Fort Foster Park and various waterfront trails that support a high quality of life for residents.
The rental market in Kittery is characterized by high demand and limited supply, influenced by its proximity to Portsmouth and a growing trend of seasonal housing units.
The local economy is heavily anchored by the Portsmouth Naval Shipyard and a robust retail sector, with strong ties to the broader Seacoast economic region.
Kittery benefits from its proximity to the Portsmouth, NH employment hub and the presence of the Portsmouth Naval Shipyard, which serves as a major economic anchor for the region.
Development activity is focused on balancing residential growth with the preservation of the town's coastal character and infrastructure capacity.
Parcels in Kittery are subject to municipal and school district levies, with no significant MUD or PID structures reported.
As a coastal town, Kittery faces risks associated with sea-level rise and storm surges, necessitating careful consideration of flood insurance and property elevation.
Coastal property insurance premiums in Kittery are influenced by flood zone designations and regional climate risk assessments.
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.
Data retrieved from US Census Bureau QuickFacts and Census Reporter.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.