ZIP Code Market Report
04974 โ Searsport, ME
Data through February 2026 ยท Updated monthly
Avg Home Value
$306,917
โฒ 0.2% year-over-year
Month-over-Month
-0.3%
โผ 0.3%
Single Family
$305,555
Condo / Co-op
--
The average home value in the 04974 ZIP code (Searsport, MAINE) is $306,917 as of February 2026. Home prices are stable, up 0.2% compared to last year.
A 3-bedroom home in 04974 is valued at $326,894.
The market in 04974 has a $266,270 spread between bottom-tier homes at $191,324 and top-tier homes at $457,593. 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 Waldo County market area in MAINE. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Waldo County report.
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Market Snapshot
04974 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 | $310,597 | $307,768 | $306,917 | โผ 1.2% |
| Single Family Value | $305,270 | $305,458 | $305,555 | โฒ 0.1% |
Home Values
04974 Home Value Trend
Historical home values for ZIP code 04974. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI ยท Updated monthly
By Bedroom
What Homes Cost in 04974
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 3 Bedrooms | $326,894 |
Property Types
Home Values by Property Type in 04974
How different property types compare in this ZIP code.
All Homes
$306,917
Single Family
$305,555
Bottom Tier
$191,324
Top Tier
$457,593
Data Sources and Methodology
Home value data for ZIP code 04974 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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