House Prices

House Prices & Home Values Smithfield, ME 2026


Average Data

average house price$316,500
average size per house1632 ft²
average price per ft²194 $ / ft²

04/22/2026 - The value range (VR) for house prices in Smithfield, ME is $240/ sqft to $240/ sqft. An average home with 1632 sqft costs approximately $391,680 to $391,680. Smithfield, ME includes 1 ZIP codes and it is located in Somerset county. The lowest prices are found in ZIP 04978, while the highest are in ZIP 04978. The average price per sqare feet is $194. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Smithfield

04978246 $ / ft²




Historical development of home values in Smithfield

Year Estimated value (USD) Change vs. 2025
2010 $146,988 -53.6%
2011 $141,304 -55.4%
2012 $140,924 -55.5%
2013 $146,191 -53.8%
2014 $153,460 -51.5%
2015 $161,337 -49.0%
2016 $169,756 -46.4%
2017 $178,919 -43.5%
2018 $188,810 -40.3%
2019 $197,565 -37.6%
2020 $207,778 -34.4%
2021 $236,325 -25.3%
2022 $275,502 -13.0%
2023 $290,530 -8.2%
2024 $307,338 -2.9%
2025 $316,500 0.0%

Graph: estimated home values in Smithfield over time (USD)



Example: 100% financing house in Smithfield

Loan amount: $316,500

Interest rate: 6.00%

Fixed monthly payment: $1,897.58

Breakdown in the 1st month:
Interest portion: $1,582.50  –  Principal portion: $315.08

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $18,884.27 $3,886.66 $312,613.34
2 $18,644.55 $4,126.38 $308,486.97
3 $18,390.05 $4,380.88 $304,106.08
4 $18,119.84 $4,651.09 $299,455.00
5 $17,832.97 $4,937.96 $294,517.04
6 $17,528.41 $5,242.52 $289,274.52
7 $17,205.06 $5,565.87 $283,708.66
8 $16,861.77 $5,909.16 $277,799.50
9 $16,497.31 $6,273.62 $271,525.88
10 $16,110.37 $6,660.56 $264,865.32
11 $15,699.56 $7,071.37 $257,793.95
12 $15,263.41 $7,507.52 $250,286.43
13 $14,800.36 $7,970.57 $242,315.87
14 $14,308.76 $8,462.17 $233,853.69
15 $13,786.83 $8,984.10 $224,869.59
16 $13,232.71 $9,538.22 $215,331.37
17 $12,644.41 $10,126.52 $205,204.86
18 $12,019.83 $10,751.10 $194,453.76
19 $11,356.73 $11,414.20 $183,039.56
20 $10,652.72 $12,118.21 $170,921.35
21 $9,905.30 $12,865.63 $158,055.72
22 $9,111.78 $13,659.15 $144,396.57
23 $8,269.31 $14,501.62 $129,894.95
24 $7,374.88 $15,396.05 $114,498.90
25 $6,425.29 $16,345.64 $98,153.26
26 $5,417.12 $17,353.81 $80,799.45
27 $4,346.78 $18,424.15 $62,375.30
28 $3,210.42 $19,560.51 $42,814.79
29 $2,003.97 $20,766.96 $22,047.82
30 $723.11 $22,047.82 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Smithfield, ME


1500 sqft3900 sqft
Ø selling price$352,110$749,035
Ø fast selling$320,100$674,131
Ø high price sale$384,121$823,938

In 2026, houses in Smithfield, ME will be offered at an average price of $194 per square foot. A 1,500 sqft home priced at $352,110 is 23.58% more expensive per square foot than a 3,900 sqft home priced at $749,035. Home prices in Smithfield, ME vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $518,563. Sellers who can wait longer may achieve a higher price of up to $633,798.


Discover Smithfield, ME

Location & Character

Smithfield, ME is a quiet town in Kennebec County nestled between North Pond and East Pond in the Belgrade Lakes region.

Known for its classic Maine scenery and friendly small-town feel, Smithfield offers a peaceful base for four-season recreation.


Outdoor Recreation

Visitors enjoy boating, paddling, and fishing on North Pond and East Pond?popular things to do in Smithfield, ME, where bass, perch, and loons share the water.

Nearby trails invite hiking in summer and foliage walks in fall, while winter brings snowshoeing, ice fishing, and snowmobiling on local trails and frozen coves.

Access points, local outfitters, and lakeside parks make it easy to get on the water for sunrise or sunset.


Community & Stays

The town has 19th-century roots and retains historic farmsteads, waterfront camps, and a rural landscape dotted with tall pines.

Local events, farm stands, and seasonal festivals connect residents and visitors, adding authentic Maine flavor to a relaxed itinerary.

Lodging options range from lakeside vacation rentals to nearby inns, with dining and supplies available in the greater Belgrade?Waterville?Augusta area.


Getting Here & Tips

Smithfield, ME sits within an easy drive of Augusta and Waterville, making it simple to pair quiet lake days with convenient services and attractions.

Plan your Smithfield, Maine getaway with weather-aware packing, proper fishing licenses where required, and respect for private shoreline to keep the lakes pristine.



FAQ – Home Values in Smithfield

What is the median home value in Smithfield in 2026?

In 2026, the typical home value in Smithfield is about $316,500 for an average home size of 1632 square feet. This corresponds to an average price of roughly $194 per square foot.

What is the average cost per square foot in Smithfield?

In 2026, homes in Smithfield sell for an average of around $194 per square foot, with a typical range between $240 and $240 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Smithfield is about 1632 square feet, with an estimated 2026 value around $316,500.



Locations close to Smithfield, ME

Solon, ME109 $ / ft²
Stockton Springs, ME156 $ / ft²
Stratton, ME279 $ / ft²
Skowhegan, ME60 $ / ft²
Shawmut, ME249 $ / ft²
Searsport, ME151 $ / ft²
  imprint  Privacy