04345 — Kennebec County, Maine Market Snapshot
Housing market data for zip code 04345 in Kennebec County, Maine. Updated monthly with median prices, days on market, and more.
Market Sales Data
32 sales in 2026 (year to date)
Median Sale Price
$377,450
Days to Sell
66
Homes Sold
32
Inventory
38
Sale-to-List
98.9%
New Listings
52
Price/SqFt
$206
Pending Sales
46
Conforming Loan Available
Most homebuyers in 04345 can comfortably use conventional financing. The median home price of $377,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 66 days on average, 04345 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 04345 (98.9% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 04345 can comfortably use conventional financing. The median home price of $377,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 04345 are set at the county level.
2026 Loan Limits — Kennebec County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 04345
To purchase the median home at $377,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,042.
Monthly Payment
$3,042
Income Required
$130,367
Principal & Interest
$2,326/mo
Down Payment (5%)
$18,873
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 04345.
Estimated Monthly Payment
$2,486
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