Foreclosure Homes in Scarborough, ME 04074

Current Market Conditions in Scarborough, ME

Scarborough's real estate market has seen steady growth as more people are attracted to the coastal lifestyle. With its desirable location near Portland, properties have become increasingly sought after, leading to a competitive housing market.

In recent months, the market has experienced a surge in demand, particularly for single-family homes near the beach. This trend is driven by an influx of buyers seeking vacation homes and relocations from urban areas.

Rent Prices In Scarborough, ME

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Scarborough, ME, is on a rollercoaster ride. The average rent price in Scarborough, ME, is $1,776.00. Indeed, when looking to rent in Scarborough, ME, you can expect to pay as little as $890.00 or as much as $3,000.00, with the average rent median estimated to be $1,790.00. The good news is that finding an affordable and desirable property to rent in Scarborough, ME -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.