Saco, ME 04072 Real Estate Market Report

ZIP Code: 04072
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Saco, ME are averaging 6.38%, which is 0.51% higher than the 5.87% average observed during the February 2026 market period.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary indicator of market value is the median sold price 485,000, which suggests recent transaction-level pricing is below current asking expectations (median listing price 619,500), indicating a meaningful gap that may reflect seller optimism vs. realized market value; representative recent sale appears to set the market anchor.

2. Market velocity shows slower transaction turnover with a median days on market of 367, which, combined with the relatively constrained active supply in the analyzed sample, suggests pricing friction and elongated negotiation windows rather than immediate turnover; moderate market temperature aligns with this slower cadence.

3. Price trends are softer year-over-year with price movement indicated as down, while the market temperature remains neutral, implying a balanced market that is leaning toward caution rather than clear directional momentum; down signals price pressure.

4. Rental conditions are strengthening with median market rent 2,100 and rent year-over-year trend up, supporting investor interest for income strategies; interest rate pressure is moderate, and current 30-year fixed mortgage rates average 6.38%, which is 0.51% higher than the February 2026 average, a factor that may temper buyer affordability and transaction volume. up

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Saco, ME 04072 Real Estate Market Report

ZIP Code: 04072
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Saco, ME are averaging 6.38%, which is 0.51% higher than the 5.87% average observed during the February 2026 market period.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price is 320,000, which serves as the primary indicator of current market value and suggests recent transactions are clustering around this level in a neutral-to-slightly buyer-leaning market. neutral market temperature may indicate balanced negotiation leverage between buyers and sellers.

2. Slower sales velocity is evident given the 381 median days on market, which appears to reflect substantial listing time and may indicate pricing friction or elongated decision timelines among buyers rather than immediate liquidity. down in price year-over-year supports this softer turnover context.

3. Pricing context shows a 279 median price per square foot, which positions local valuation metrics relative to rent growth; with a 2,100 median market rent and rent year-over-year trending up, investor interest in rental demand may remain a constructive factor even as sale prices are softer.

4. Financing and rate context is material: current 30-year fixed mortgage rates average 6.38%, which is 0.51% higher than the earlier period noted, translating to moderate interest rate pressure that likely constrains buyer purchasing power and contributes to the observed market tempering.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.