Scarborough, ME 04074 Real Estate & Property Data

Scarborough, ME 04074 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 351 residential properties have been sold over the past 12 months in 04074. With a median sales price of $722,500 in 04074. Discover market trends and get the granular level real estate data for Scarborough, ME 04074 to keep your pulse on the housing market. Curate compelling home reports for Scarborough, ME 04074 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Scarborough, ME 04074 Real Estate Market Trends
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
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Scarborough, ME 04074 Real Estate Overview

There were 351 residential properties sold in the past year in Scarborough, ME 04074. The median home value in Scarborough, ME 04074 is $677,698. There are a total of 8,619 residential properties in the 04074.

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 04074 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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