Scarborough, ME Real Estate & Property Data

Scarborough Real Estate Market Trends
Last Updated: May 02, 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 357 residential properties have sold over the past year. With a median home price of $638,250 in Scarborough and a total of 6 foreclosures. 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
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) 63
% 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) 10
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Scarborough, ME Real Estate Overview

There were 357 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
$638,250
(Mar 2024)
-8.8%
year-over-year
y-o-y
  • March '24 Mar '24 $638,250
  • 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
Median Down Payment i
$112,500
(Mar 2024)
-38.7%
year-over-year
y-o-y
  • March '24 Mar '24 $112,500
  • 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
Number of Homes Sold i
26
(Mar 2024)
+30%
year-over-year
y-o-y
  • March '24 Mar '24 26
  • 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
Number of Purchase Loans i
16
(Mar 2024)
+33.3%
year-over-year
y-o-y
  • March '24 Mar '24 16
  • 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
Number of REFI Loans i
22
(Mar 2024)
+57.1%
year-over-year
y-o-y
  • March '24 Mar '24 22
  • 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
Number of HELOC Loans i
13
(Mar 2024)
-18.8%
year-over-year
y-o-y
  • March '24 Mar '24 13
  • 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

Scarborough, ME Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Scarborough, ME Foreclosure Activity

There were a total of 6 Scarborough, ME properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 6 Scarborough, ME properties and repossessed 1 Scarborough, ME properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
6
(Mar 2024)
  • March '24 Mar '24 6
  • 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
Foreclosure Starts i
6
(Mar 2024)
  • March '24 Mar '24 6
  • 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
Completed Foreclosures (REOs) i
1
(Mar 2024)
  • March '24 Mar '24 1
  • 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
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