ZIP Code Market Report
04547 — Friendship, ME
Data through February 2026 · Updated monthly
Avg Home Value
$363,162
▼ 5.7% year-over-year
Month-over-Month
-0.7%
▼ 0.7%
Single Family
$361,951
Condo / Co-op
--
The average home value in the 04547 ZIP code (Friendship, MAINE) is $363,162 as of February 2026. Home prices are declining, down 5.7% compared to last year.
A 3-bedroom home in 04547 is valued at $402,519.
The market in 04547 has a $382,162 spread between bottom-tier homes at $238,259 and top-tier homes at $620,421. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Knox County market area in MAINE. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Knox County report.
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Market Snapshot
04547 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $370,760 | $365,856 | $363,162 | ▼ 2.0% |
| Single Family Value | $364,877 | $362,945 | $361,951 | ▼ 0.8% |
Home Values
04547 Home Value Trend
Historical home values for ZIP code 04547. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 04547
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $320,545 |
| 3 Bedrooms | $402,519 |
| 4 Bedrooms | $446,881 |
Property Types
Home Values by Property Type in 04547
How different property types compare in this ZIP code.
All Homes
$363,162
Single Family
$361,951
Bottom Tier
$238,259
Top Tier
$620,421
Data Sources and Methodology
Home value data for ZIP code 04547 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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