Smithfield, NC

Buyer's market+10.8% YoY

Housing market overview · Updated weekly

$324,000median sale price

Homes sold

9

Last 12 weeks

Days on market

245

Average pace

Active listings

83

9.2 months supply

Sale-to-list

99.2%

Below asking

The Smithfield housing market is currently classified as a buyer's market with a median sale price of $324,000. Prices have risen 10.8% compared to last year, with homes spending an average of 245 days on market, indicating 9.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Smithfield

There are currently 83 homes listed for sale in Smithfield, North Carolina. The median listing price is $297K.

Active listings

83

Homes on market

Median list price

$297K

Avg. days on market

245

Days until sale

New this week

30

Newly listed

Price drops:10.8%of listings
Sale-to-list:99.2%

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Frequently asked questions

What is the average home price in Smithfield?

The median home sale price in Smithfield is $324,000, up 10.8% from last year.

How long do homes stay on market in Smithfield?

Homes typically spend 245 days on market before going under contract.

Is Smithfield a buyer's or seller's market?

With 9.2 months of supply, Smithfield is currently a buyer's market.

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