According to statistics, the population in Saco, ME amounts to 19,127, which shows decline 1% compared to the previous year. The median age of the city’s residents is 42. The average household income is $63,750, shifting growth 7% from the past year, and the average property value in Saco, ME decline -2% to $228,700 throughout the year.
|Number Of Employees||10,641|
|Median Property Value||$228,700|
The average household income in Saco, ME grew from $59,740 to $63,750 in the past year. This data is an estimate based upon 7,712 households in Saco, ME . The chart below presents how household income is distributed in Saco, ME in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Saco, ME shifted from $232,200 to $228,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Saco, ME in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Saco, ME properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Saco, ME compared to median property taxes around the country. The prevalent amount of property taxes in Saco, ME equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$886,250||+51.4%|
|1 bed for sale||$179,000||-38.3%|
|2 bed for sale||$422,369||+13%|
|3 bed for sale||$504,314||-1.4%|
|4+ bed for sale||$612,984||+13.6%|
During Jul 2022, the average price for an apartment in/near Saco, ME increased by 4.8% to $514,749.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 38.3% to $179,000. Asking price for 2-bed apartment also increased by 13% and a place of this size will now cost you $422,369. A 3-bed apartment goes for $504,314, it decreased by 1.4% lately. We discerned the rise of 4- and more bed apartment price. It increased by 13.6% and made it up to $612,984.
|Listing Type||Jul||vs Last Month|
|Townhouses for sale||$1,282,500||+276.1%|
|Houses for sale||$594,241||+14%|
|Duplexes for sale||$385,000||-34.2%|
|Land for sale||$372,500||+288.2%|
|Condos for sale||$238,083||-38.7%|
|Other for sale||$400,000||-39.2%|
Price reports demonstrate that house price increased by 14% this month making it up to $594,241. Condos faced an upward trend these days. The median price for a condo decreased by 38.7%, it’s now available for $238,083. You can now purchase a duplex for just $385,000, duplex price decreased by 34.2% this month. The property value of townhouses increased by 276.1%, you’ll have to spend around $1,282,500 to get one.