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Market Intelligence · ME / Scarborough

Scarborough, ME 04074 Housing Market

In Scarborough, ME 04074, the typical home value is $689,504, down 0.6% over the past year as of September 2026. The median list price sits at $799,963, and homes are spending a median of 31 days on market.

Updated September 2026Median value$690K

The median home value in Scarborough, ME 04074 is $690K as of September 2026, down 0.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 04074 range

$634K to $745K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.6% over 12 months

Typical home value in 04074 over the last 12 months: $694K in Sep 2025 to $690K in Sep 2026 (-0.6%).

Sep 2025$694K

Sep 2026$690K

The numbers

What is the 04074 housing market like?

Typical home value

$690K

Down0.6%YoY

Median list price

$800K

Up0.4%MoM

Days on market

31

Down40.4%MoM

Homes for sale

55

Up5.8%MoM

Price cuts

15.4%

Down43.7%MoM

New listings

50

Up38.9%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

04074 housing market forecast 2027

+1.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 04074 to rise 1.6% by September 2027.

Over the 12 months through September 2026, typical home values in 04074 fell 0.6%, per the Zillow Home Value Index.

Will home prices drop in 04074?

Zillow's forecast does not call for a drop: it expects typical home values in 04074 to rise 1.6% by September 2027, after a 0.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 04074 home prices compare?

  • 04074$689,504
  • Scarborough$689,504
  • Maine$338,600
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Scarborough: 1 ZIP; Maine: 311 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there were 55 homes for sale in 04074, with 50 new listings coming on during the period. That steady flow of fresh inventory gives buyers options and keeps pressure on sellers to price correctly. Homes are moving at a median of 31 days, which is a workable pace but not a frenzy. The gap between the median list price of $799,963 and the typical home value of $689,504 suggests asking prices are running ahead of where values have settled. For a seller, the honest read is that pricing to the market matters more than pricing above it right now.

Monthly payment

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20% · $137,901

Common questions

What people ask us.

How much is a home in 04074 worth?

The typical home value in Scarborough, ME 04074 is $689,504 as of September 2026, down 0.6% over the past year. The median list price is $799,963.

How fast are homes selling in 04074?

Homes in 04074 are spending a median of 31 days on market as of September 2026.

How many homes are for sale in 04074?

As of September 2026, there were 55 homes for sale in 04074, with 50 new listings added during the period.

Discover

Nearby ZIP markets.

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