04989 — Kennebec County, Maine Market Snapshot
Housing market data for zip code 04989 in Kennebec County, Maine. Updated monthly with median prices, days on market, and more.
Market Sales Data
13 sales in 2026 (year to date)
Median Sale Price
$335,000
Days to Sell
56
Homes Sold
13
Inventory
12
Sale-to-List
98.5%
New Listings
12
Price/SqFt
$182
Pending Sales
13
Conforming Loan Available
Most homebuyers in 04989 can comfortably use conventional financing. The median home price of $335,000 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
04989's market is balanced with homes taking an average of 56 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 04989 (98.5% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 04989 can comfortably use conventional financing. The median home price of $335,000 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 04989 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 04989
To purchase the median home at $335,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,717.
Monthly Payment
$2,717
Income Required
$116,428
Principal & Interest
$2,064/mo
Down Payment (5%)
$16,750
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 04989.
Estimated Monthly Payment
$2,223
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