Home Values

Saco Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Saco is $155, which is lower than the Portland Metro average of $170. The median price of homes currently listed in Saco is $261,000 while the median price of homes that sold is $220,667. The median rent price in Saco is $955, which is lower than the Portland Metro median of $1,300.

Foreclosures will be a factor impacting home values in the next several years. In Saco 1.0 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Saco is 7.3%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Saco homeowners underwater on their mortgage is 14.6%.

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Relative ZHVI
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Saco Market Overview

Data through Aug 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $261,000 Median listing price
  • No recent data Median sale price
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Saco Market Health

Data through Aug 31, 2014
  • No recent data
  • No data Average days on Zillow
  • 14.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.3% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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US Metro Areas

Name Median ZHVI
Los Angeles Metro $532,600
New York Metro $378,200
Washington Metro $358,000
Name Median ZHVI
Miami-Fort Lauderdale Metro $203,800
Philadelphia Metro $199,100
Chicago Metro $185,800
Name Median ZHVI
Atlanta Metro $150,700
Houston Metro $150,000
Dallas-Fort Worth Metro $147,000

Listings & Sales

Data through Aug 31, 2014
  • $155 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 47.3% Listings with price cut
19.7%
Sold below listing
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Saco Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,245 Saco
    $1,485 Portland Metro
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • $955 Rent list price
  • No recent data Rent list price / sq ft
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