North Smithfield, RI Housing Market & Real Estate

Leaning buyer's-21.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in North Smithfield, RI is $451,750, down 21.1% year-over-year. Homes sell in an average of 94 days with 15 active listings. The market is currently a leaning buyer's.

$451,750median sale price

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

Leaning buyer's3.8 months of supply94 avg. days on market

North Smithfield, RI is currently a leaning buyer's, based on 3.8 months of supply and homes selling in about 94 days. How we determine this →

Homes sold

4

Last 12 weeks

Days on market

94

Average pace

Active listings

15

3.8 months supply

Sale-to-list

94.6%

Below asking

North Smithfield, RI market data

Current housing market statistics for North Smithfield, RI
MetricValue
Median sale price$451,750
Median list price$489,500
Year-over-year price change-21.1%
Average days on market94 days
Active inventory15 listings
Months of supply3.8 months
Sale-to-list price ratio94.6%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The North Smithfield housing market is currently classified as a leaning buyer's with a median sale price of $451,750. Prices have fallen 21.1% compared to last year, with homes spending an average of 94 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in North Smithfield

There are currently 15 homes listed for sale in North Smithfield, Rhode Island. The median listing price is $490K.

Active listings

15

Homes on market

Median list price

$490K

Avg. days on market

94

Days until sale

New this week

4

Newly listed

Price drops:13.3%of listings
Sale-to-list:94.6%

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Frequently asked questions

What is the average home price in North Smithfield?

The median home sale price in North Smithfield is $451,750, down 21.1% from last year.

How long do homes stay on market in North Smithfield?

Homes typically spend 94 days on market before going under contract.

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

With 3.8 months of supply, North Smithfield is currently a leaning buyer's.

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