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Scarborough, ME Real Estate & Property Data

Scarborough Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Scarborough, ME. ATTOM’s Scarborough real estate data is updated daily, and current market trends show that in Scarborough, ME a total of 351 residential properties have sold over the past year. With a median home price of $722,500 in Scarborough. Get detailed property data for Scarborough, ME instantly. ATTOM is your one-stop-shop for the Scarborough property reports and real estate data you need in Scarborough, ME.

Scarborough Real Estate Market Trends

Get property data for any address in Scarborough, ME or the country:

Total Residential Properties 8,619

Total Commercial Properties 449

Avg. Home Age (Single Family Home) 39 Years

Avg. Square Feet (Single Family Home) 2,015

Total 2024 Residential Sales (year-to-date) 37

% of Homes Seriously Underwater (Q2 2024) 0.48%

Total 2023 Residential Sales 338

% of Equity Rich Homes (Q2 2024) 54.84%

Effective 2023 Property Tax 0.9%

Total Foreclosure Filings (year-to-date) 4

Scarborough, ME Real Estate Overview

There were 351 residential properties sold in the past year in Scarborough, ME. The median home value in Scarborough, ME is $677,698. There are a total of 8,619 residential properties in the Scarborough.

Median Sales Price i

$722,500

(Feb 2024)

+21.3%

year-over-year

y-o-y

February '24 Feb '24 $722,500
January '24 Jan '24 $632,500
December '23 Dec '23 $361,500
November '23 Nov '23 $655,000
October '23 Oct '23 $738,750
September '23 Sep '23 $585,000
August '23 Aug '23 $710,000
July '23 Jul '23 $682,500
June '23 Jun '23 $715,000
May '23 May '23 $617,450
April '23 Apr '23 $772,500
March '23 Mar '23 $700,000

Median Down Payment i

$145,300

(Feb 2024)

+62.5%

year-over-year

y-o-y

February '24 Feb '24 $145,300
January '24 Jan '24 $130,775
December '23 Dec '23 $46,375
November '23 Nov '23 $63,500
October '23 Oct '23 $136,000
September '23 Sep '23 $200,000
August '23 Aug '23 $127,400
July '23 Jul '23 $149,750
June '23 Jun '23 $194,800
May '23 May '23 $124,824
April '23 Apr '23 $143,800
March '23 Mar '23 $183,500

Number of Homes Sold i

16

(Feb 2024)

-20%

year-over-year

y-o-y

February '24 Feb '24 16
January '24 Jan '24 21
December '23 Dec '23 13
November '23 Nov '23 28
October '23 Oct '23 33
September '23 Sep '23 39
August '23 Aug '23 37
July '23 Jul '23 40
June '23 Jun '23 25
May '23 May '23 28
April '23 Apr '23 31
March '23 Mar '23 20

Number of Purchase Loans i

7

(Feb 2024)

-41.7%

year-over-year

y-o-y

February '24 Feb '24 7
January '24 Jan '24 13
December '23 Dec '23 6
November '23 Nov '23 19
October '23 Oct '23 17
September '23 Sep '23 21
August '23 Aug '23 24
July '23 Jul '23 23
June '23 Jun '23 21
May '23 May '23 23
April '23 Apr '23 20
March '23 Mar '23 12

Number of REFI Loans i

10

(Feb 2024)

-16.7%

year-over-year

y-o-y

February '24 Feb '24 10
January '24 Jan '24 17
December '23 Dec '23 14
November '23 Nov '23 23
October '23 Oct '23 20
September '23 Sep '23 20
August '23 Aug '23 23
July '23 Jul '23 15
June '23 Jun '23 25
May '23 May '23 19
April '23 Apr '23 13
March '23 Mar '23 14

Number of HELOC Loans i

14

(Feb 2024)

+7.7%

year-over-year

y-o-y

February '24 Feb '24 14
January '24 Jan '24 13
December '23 Dec '23 10
November '23 Nov '23 17
October '23 Oct '23 14
September '23 Sep '23 13
August '23 Aug '23 8
July '23 Jul '23 16
June '23 Jun '23 17
May '23 May '23 14
April '23 Apr '23 17
March '23 Mar '23 16

Scarborough, ME Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

04074
$677,698 $336.31/sqft

Scarborough, ME Foreclosure Activity

Total Foreclosure Filings i

February '24 Feb '24 N/A
January '24 Jan '24 4
December '23 Dec '23 2
November '23 Nov '23 3
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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