Market Overview
Home Prices in Scarborough, ME
The median home value in Scarborough, ME is $705,594 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.1% 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 Scarborough are priced72% above average. Scarborough is part of the Portland-South Portland, ME metro area.
Over the past five years, Scarborough home values have risen by approximately30.5%, reflecting strong long-term appreciation in this market.
Price History
Scarborough Home Price Trend
City Comparison
Scarborough vs. National Median
At $705,594, homes in Scarborough cost 72% above the national median of $410,000. Buyers in Scarborough should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Scarborough?
20% Down Payment
$141,119
on $705,594
Monthly P&I
$3,680/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,674/mo
incl. taxes & insurance
Income Needed
$186,960
gross annual (30% rule)
10% Down Option
$70,559
+ PMI applies
Loan Amount (20% dn)
$564,475
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 Scarborough, ME?
The median home value in Scarborough is $705,594 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.1% year-over-year.
How much have home prices changed in Scarborough?
Over the past year, home values in Scarborough have decreased by 1.1%. Over five years, prices have risen approximately 30.5%.
How much do I need to earn to buy a home in Scarborough?
To comfortably afford the median home price of $705,594 with a 20% down payment ($141,119) at today's rates (6.8%), you'd need a gross annual income of approximately $186,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Scarborough compare to the national average home price?
The national median home value is approximately $410,000. At $705,594, homes in Scarborough are 72% above the national average.
What metro area is Scarborough part of?
Scarborough is part of the Portland-South Portland, ME metropolitan area. Home prices and market conditions can vary across the broader metro region.