Market Overview
Home Prices in Saco, ME
The median home value in Saco, ME is $533,454 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Saco are priced30% above average. Saco is part of the Portland-South Portland, ME metro area.
Over the past five years, Saco home values have risen by approximately32.8%, reflecting strong long-term appreciation in this market.
Price History
Saco Home Price Trend
City Comparison
Saco vs. National Median
At $533,454, homes in Saco cost 30% above the national median of $410,000. Buyers in Saco should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Saco?
20% Down Payment
$106,691
on $533,454
Monthly P&I
$2,782/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,533/mo
incl. taxes & insurance
Income Needed
$141,320
gross annual (30% rule)
10% Down Option
$53,345
+ PMI applies
Loan Amount (20% dn)
$426,763
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Saco, ME?
The median home value in Saco is $533,454 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Saco?
Over the past year, home values in Saco have increased by 0.8%. Over five years, prices have risen approximately 32.8%.
How much do I need to earn to buy a home in Saco?
To comfortably afford the median home price of $533,454 with a 20% down payment ($106,691) at today's rates (6.8%), you'd need a gross annual income of approximately $141,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Saco compare to the national average home price?
The national median home value is approximately $410,000. At $533,454, homes in Saco are 30% above the national average.
What metro area is Saco part of?
Saco is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.