Scarborough, ME Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Scarborough, ME is $520,481, up 33.5% year-over-year. Homes sell in an average of 43 days with 7 active listings. The market is currently a seller's market.
$520,481median sale price
Is Scarborough a buyer's or seller's market?
Scarborough, ME is currently a seller's market, based on 0.7 months of supply and homes selling in about 43 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
43
Average pace
Active listings
7
0.7 months supply
Sale-to-list
98.9%
Below asking
Scarborough, ME market data
| Metric | Value |
|---|---|
| Median sale price | $520,481 |
| Median list price | $420,000 |
| Year-over-year price change | +33.5% |
| Average days on market | 43 days |
| Active inventory | 7 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 98.9% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Scarborough housing market is currently classified as a seller's market with a median sale price of $520,481. Prices have risen 33.5% compared to last year, with homes spending an average of 43 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Scarborough
There are currently 7 homes listed for sale in Scarborough, Maine. The median listing price is $420K.
Active listings
7
Homes on market
Median list price
$420K
Avg. days on market
43
Days until sale
New this week
8
Newly listed
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Frequently asked questions
What is the average home price in Scarborough?
The median home sale price in Scarborough is $520,481, up 33.5% from last year.
How long do homes stay on market in Scarborough?
Homes typically spend 43 days on market before going under contract.
Is Scarborough a buyer's or seller's market?
With 0.7 months of supply, Scarborough is currently a seller's market.
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