The story of this market
The typical home in ZIP 04072 sells for about $538,000, or $336 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,249 a month.
ZIP 04072 — Saco
The housing market in 04072 remains competitive with a median sale price of $538,000, reflecting steady demand despite a slight year-over-year price adjustment. Low inventory levels and a sale-to-list ratio near 100% indicate that the market continues to favor sellers, supported by the area's strong appeal to commuters and families.
This ZIP is well-suited for families and commuters seeking a balance between coastal living and accessibility to the Portland metro area, offering a suburban environment with established infrastructure.
Median prices moved up 1.4% year over year.
Homes spend a median of 42 days on market with 2.7 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 100.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.1% · poverty 6.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 04072, York County ME
The area is served by Saco School Department, generally regarded as providing stable educational services within the York County region.
The area faces standard coastal Maine climate risks, including winter storm exposure and potential flood risks in low-lying zones near the Saco River and coastline.
Economic momentum is driven by proximity to the Portland-South Portland employment hub, with steady residential development and local retail expansion in Saco.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Maine) — Maine Resident Homestead Property Tax Exemption: Provides a reduction in the valuation of the homestead for property tax purposes. The exemption amount is set by state statute (currently $25,000 of the just value of the property). The formula is: (Just Value - Homestead Exemption) * Local Tax Rate = Tax Due.
Residents primarily commute via I-95 and US Route 1 toward the Portland-South Portland employment core, with average travel times around 24 minutes.
The area features access to Saco Bay beaches, the Saco River for boating, and various local parks and trails, with significant shopping and dining districts located along the Route 1 corridor.
The rental market is characterized by moderate vacancy pressure and steady demand, influenced by the area's popularity with commuters and proximity to coastal amenities.
The local economy is anchored by a mix of retail, healthcare, and service industries, with many residents commuting to the broader Portland-South Portland metropolitan area.
The area is served by major highway corridors including I-95 and US Route 1, facilitating regional transit toward Portland.
Ongoing residential and mixed-use development projects are focused on expanding housing capacity near the Saco city center and transit corridors.
The City of Saco manages property assessments locally, following Maine state guidelines for property valuation.
Parcels are subject to municipal taxes and the Saco School Department district, with standard utility and fire protection district coverage.
Property insurance premiums are influenced by coastal hazard exposure and regional climate risk factors common to Southern Maine.
Data retrieved from Census Reporter and IncomeByZipCode profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Funtown Splashtown USA4.51.3 mi
- Urban Air Trampoline and Adventure Park3.88.6 mi
- Spare Time Portland4.512.9 mi
- Palace Playland4.24 mi
- Round1 Bowling & Arcade - South Portland4.18.3 mi
- Luke's Lobster Portland Pier4.612.5 mi
- Thompson's Point4.510.7 mi
- Children's Museum & Theatre of Maine4.510.8 mi
- Cross Insurance Arena4.212.2 mi
- Hadlock Field4.711.5 mi
- Allagash Brewing Company4.812.8 mi
- Funtown Splashtown USA4.51.3 mi
- Portland Museum of Art4.612 mi
- Fort Williams Park4.812.9 mi
- Children's Museum & Theatre of Maine4.510.8 mi
- Portland Head Light4.813.1 mi
- Fort Williams Park4.812.9 mi
- Portland Museum of Art4.612 mi
- Children's Museum & Theatre of Maine4.510.8 mi
- Spring Point Ledge Lighthouse4.813.4 mi
- Funtown Splashtown USA4.51.3 mi
- Fort Williams Park4.812.9 mi
- Crescent Beach State Park4.610.9 mi
- Two Lights State Park4.712.1 mi
- Deering Oaks Park4.411.9 mi
- Arundel Wharf - Seafood - Cocktail Bar - Craft Beer4.312.7 mi
- Fore Points Marina4.513.1 mi
- Spring Point Marina4.713 mi
- DiMillo's Marina4.412.5 mi
- Dunegrass Golf Club4.22.8 mi
- Willowdale Golf Club4.35.4 mi
- Dutch Elm Golf Course4.27.3 mi
- Sunset Ridge Golf Links3.811.6 mi
- minibar4.312.7 mi
- The Maine Mall4.28.4 mi
- Hannaford4.312.2 mi
- Marshalls & HomeGoods4.37.6 mi
- T.J. Maxx4.48.6 mi
- Terlingua4.612.9 mi
- Portland International Jetport4.410 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Coastal park offering beach access and nature trails.
Major waterway used for recreation, boating, and fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.