Saco, ME Housing Market
The Saco housing market is very competitive. The median sale price of a home in Saco was $555K last month, up 13.3% since last year. The median sale price per square foot in Saco is ¤293, up 5.6% since last year.
Saco Housing Market Trends
In June 2024, Saco home prices were up 13.3% compared to last year, selling for a median price of $555K. On average, homes in Saco sell after 14 days on the market compared to 6 days last year. There were 30 homes sold in June this year, up from 24 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Saco housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 12 days.
- Hot homescan sell for about 6% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 10 days.
- Hot homescan sell for about 7% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 14 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 days.
Saco Migration & Relocation Trends
- Across the nation, 0.70% of homebuyers searched to move into Saco from outside metros.
- Boston homebuyers searched to move into Saco more than any other metro followed by New York and Washington.
- 70% of Saco homebuyers searched to stay within the Saco metropolitan area.
- Sarasota was the most popular destination among Saco homebuyers followed by Bangor and Berlin.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Apr '24 - Jun '24 | ||
1 | 3,696 | ||
2 | 622 | ||
3 | 372 | ||
4 | 175 | ||
5 | 147 | ||
6 | 119 | ||
7 | 75 | ||
8 | 68 | ||
9 | 66 | ||
10 | 63 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Apr '24 - Jun '24 | ||
1 | 52 | ||
2 | 36 | ||
3 | 14 | ||
4 | 11 | ||
5 | 8 | ||
6 | 7 | ||
7 | 7 | ||
8 | 5 | ||
9 | 5 | ||
10 | 5 |
Home offer insights for Saco
Recent offers
View houses in Saco that sold recently
Recently sold homes
- $505,000 Last Sold Price3 beds2 baths1,503 sq ft50 Ocean Park Rd #107, Saco, ME 04072List Price$509,900Sale to List1% under listDays on Market25 days50 Ocean Park Rd #107, Saco, ME 04072
- $60,000 Last Sold Price2 beds1 bath789 sq ft43 Goosefare Dr #43, Old Orchard Beach, ME 04064List Price$85,000Sale to List29% under listDays on Market179 days43 Goosefare Dr #43, Old Orchard Beach, ME 04064
- $340,000 Last Sold Price2 beds2 baths1,457 sq ft11 Smithwheel Rd #45, Old Orchard Beach, ME 04064List Price$335,000Sale to List1% over listDays on Market40 days11 Smithwheel Rd #45, Old Orchard Beach, ME 04064
- $749,900 Last Sold Price3 beds2.5 baths2,240 sq ft70 Simpson Rd, Saco, ME 04072List Price$749,900Sale to List0% over listDays on Market36 days70 Simpson Rd, Saco, ME 04072
- $410,000 Last Sold Price3 beds2.5 baths1,453 sq ft61 Ocean Park Rd #2, Saco, ME 04072List Price$410,000Sale to List0% over listDays on Market45 days61 Ocean Park Rd #2, Saco, ME 04072
- $327,500 Last Sold Price6 beds2 baths2,270 sq ft71-73 Bradley St, Saco, ME 04072List Price$399,900Sale to List18% under listDays on Market109 days71-73 Bradley St, Saco, ME 04072
- $394,000 Last Sold Price3 beds2.5 baths1,464 sq ft333 North St #7, Saco, ME 04072List Price$389,000Sale to List1% over listDays on Market29 days333 North St #7, Saco, ME 04072
- $550,000 Last Sold Price3 beds2 baths1,400 sq ft10 Scrimshaw Ln, Saco, ME 04072List Price$650,000Sale to List15% under listDays on Market36 days10 Scrimshaw Ln, Saco, ME 04072
See all recently sold homes in Saco.
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Schools in Saco
- Elementary
- Middle
- High
GreatSchools Rating
4/10 Loranger Middle School Public • 3-8 | 285 Students | N/A |
4/10 Biddeford Intermediate School Public • 4-5 | 307 Students | N/A |
3/10 C K Burns School Public • 3-5 | 557 Students | 6 reviews |
NR Biddeford Regional Center of Tech Public • N/A | - Students | N/A |
NR John F Kennedy Memorial School Public • PreK-K | 270 Students | N/A |
Climate's impact on Saco housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Saco.
Flood Factor - Extreme
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Moderate
Heat Factor
Transportation in Saco
Walk Score®
Bike Score®
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