Zip 04978 (Smithfield, ME) Housing

The housing market in Smithfield, ME (zip code 04978) is currently booming, with the median housing value being $259,500. This is much lower than the US median housing value of $338,100, but it has seen a greater rate of appreciation over the past year at 16.46%, compared to the US's 8.27%. This indicates that Smithfield is an attractive area for potential buyers and that there is still opportunity for growth in this market.

The median home cost in Smithfield (zip 04978) is $259,500. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Smithfield (zip 04978) is up 20.6%.

Average Age of Homes

- The median age of Smithfield (zip 04978) real estate is 45 years old

The Rental Market in Smithfield (zip 04978)

- Renters make up 6.4% of the Smithfield (zip 04978) population
- 0.0% of houses and apartments in Smithfield (zip 04978), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Smithfield, Maine	United States
	709.0	139,647,020.0
	45	42
	$259,500	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$11.38	$10.98
	$2,263	$2,690
	54.2%	57.4%
	39.8%	11.2%
	6.1%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	37.7%	3.6%
	1.4%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	2.9%	2.4%
	5.5%	2.8%
	0.0%	3.9%
	7.6%	4.5%
	19.8%	11.3%
	12.0%	13.0%
	29.4%	20.1%
	7.0%	13.6%
	1.3%	8.3%
	8.3%	9.7%
	2.3%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.8%	13.6%
	15.8%	13.6%
	10.3%	13.6%
	13.3%	13.2%
	11.4%	14.8%
	10.3%	13.6%
	9.5%	10.0%
	1.7%	4.7%
	18.8%	12.2%

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