Brokers — List your Company Here
Featured local agent — Smithfield, IL
Sarah Mitchell
Compass Real Estate · Smithfield, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Smithfield, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$169,000median sale price
How is the Smithfield, IL housing market right now?
The median home sale price in Smithfield, IL is $169,000. Homes sell in an average of 20 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of August 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Smithfield a buyer's or seller's market?
Smithfield, IL is currently a balanced market and homes selling in about 20 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
20
Fast-moving
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Smithfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $169,000 |
| Average days on market | 20 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $85/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Smithfield by property type?
How the Smithfield, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $169,000 | $85/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Smithfield housing market is currently classified as a balanced market with a median sale price of $169,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 20 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Smithfield
Explore homes currently listed for sale in Smithfield, Illinois across major real estate platforms.
Who lives in Smithfield?
Population
169
Median income
$61,250/yr
Median age
48.1 years
Owner-occupied
96.4%
College grads
18.7%
Avg commute
39.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Smithfield?
Smithfield is a community of approximately 0K residents with a median age of 48.1 years.The median household income is $61,250, which represents a working-class community with solid middle-income opportunities. 18.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 96.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 39.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Smithfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Smithfield, IL?
Want a head-to-head view? Compare Smithfield side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Smithfield?
The median home sale price in Smithfield is $169,000, down 0.0% from last year.
How long do homes stay on market in Smithfield?
Homes typically spend 20 days on market before going under contract.
What is the median income in Smithfield?
The median household income is $61,250 per year.
How much does a single-family home cost in Smithfield?
The median single-family home price in Smithfield, IL is $169,000 (about $85 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Smithfield, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Smithfield market alerts
Weekly updates on prices, inventory, and trends. Free forever.