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SMITHFIELD, ME 04978

Real Estate Market Report  ·  Somerset County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇧ 50% vs 2 last year
Pending
1
33% pending ratio
Median Price
$290,000
⇩ 58.9% vs $705,000 last year
Average Price
$296,133
⇩ 58% vs $705,000 last year
Days on Market
35
⇩ 78.1% vs 160 days last year

Market Context

Population: 943  ·  Density: 18.3/mi²  ·  Median household income: $101,932

Typical home value: $201,236  ·  Homeownership: 91.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The SMITHFIELD, ME real estate market (04978) currently shows 3 active listings, with 1 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 160 days last year.

The median listing price has fallen 58.9% year-over-year, from $705,000 to $290,000.

Whether you are buying or selling in SMITHFIELD, ME, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 2 last year
  • Days on market: 35 now vs 160 last year

Median & Average Pricing

Year over Year
  • Median: $290,000 (-58.9% YoY)
  • Average: $296,133 (-58% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.1 miles — 198 listings ($66,939,593 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04978Smithfield, ME 049780.0 mi3$888,399$290,000$296,133
04957Norridgewock, ME 049575.2 mi8$2,995,600$269,900$374,450
04955New Sharon, ME 049559.8 mi3$831,675$294,000$277,225
04911Anson, ME 0491112.6 mi8$1,911,704$199,900$238,963
04976Skowhegan, ME 0497613.2 mi27$8,929,872$314,950$330,736
04950Madison, ME 0495013.7 mi23$5,120,237$225,000$222,619
04938Farmington, ME 0493814.6 mi25$8,329,575$267,000$333,183
04989Vassalboro, ME 0498916.2 mi17$7,803,799$400,000$459,047
04349Kents Hill, ME 0434918.8 mi6$2,562,000$367,000$427,000
04330Augusta, ME 0433019.0 mi58$20,068,754$302,500$346,013
04910Albion, ME 0491019.8 mi4$1,264,668$278,500$316,167
04967Pittsfield, ME 0496720.4 mi10$3,071,670$299,000$307,167
04351Manchester, ME 0435121.1 mi6$3,161,640$444,950$526,940

Frequently Asked Questions

How many homes are for sale in SMITHFIELD, ME 04978?

As of January 2026, there are 3 active listings in SMITHFIELD, ME (zip code 04978), compared to 2 the prior year.

What is the median home price in SMITHFIELD, ME 04978?

The median listing price in SMITHFIELD, ME 04978 is $290,000 as of January 2026, a 58.9% decrease from $705,000 the prior year.

How long do homes stay on the market in SMITHFIELD, ME?

Homes in SMITHFIELD, ME 04978 spend an average of 35 days on the market before going under contract, compared to 160 days the prior year.

Is it a seller's or buyer's market in SMITHFIELD, ME 04978?

Based on current inventory and days-on-market data as of January 2026, SMITHFIELD, ME 04978 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 160 days last year.

How much can I save on real estate commission in SMITHFIELD, ME?

With SELL123.com's maximum 3% commission, sellers in SMITHFIELD, ME 04978 save an estimated $5,800 compared to a typical 5% commission on the median listing price of $290,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.