Smithfield, RI Housing Market & Real Estate

Seller's market+4.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Smithfield, RI is $429,950, up 4.0% year-over-year. Homes sell in an average of 49 days with 20 active listings. The market is currently a seller's market.

$429,950median sale price

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

Seller's market3.3 months of supply49 avg. days on market

Smithfield, RI is currently a seller's market, based on 3.3 months of supply and homes selling in about 49 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

49

Average pace

Active listings

20

3.3 months supply

Sale-to-list

102.7%

Above asking

Smithfield, RI market data

Current housing market statistics for Smithfield, RI
MetricValue
Median sale price$429,950
Median list price$457,500
Year-over-year price change+4.0%
Average days on market49 days
Active inventory20 listings
Months of supply3.3 months
Sale-to-list price ratio102.7%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Smithfield housing market is currently classified as a seller's market with a median sale price of $429,950. Prices have risen 4.0% compared to last year, with homes spending an average of 49 days on market, indicating 3.3 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 Smithfield

There are currently 20 homes listed for sale in Smithfield, Rhode Island. The median listing price is $458K.

Active listings

20

Homes on market

Median list price

$458K

Avg. days on market

49

Days until sale

New this week

14

Newly listed

Price drops:10.0%of listings
Sale-to-list:102.7%

Top public schools in Smithfield

5 schools tracked · 2,390 students

The largest public schools serving Smithfield, RI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Smithfield High School

Grades 9-12 · 750 students

Public

Pleasant View Elementary Schoo

Grades K-5 · 553 students

Public

Vincent J. Gallagher Middle

Grades 6-8 · 522 students

Public

Raymond LaPerche School

Grades PK-5 · 335 students

Public

Old County Road School

Grades K-5 · 230 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in RI

Frequently asked questions

What is the average home price in Smithfield?

The median home sale price in Smithfield is $429,950, up 4.0% from last year.

How long do homes stay on market in Smithfield?

Homes typically spend 49 days on market before going under contract.

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

With 3.3 months of supply, Smithfield is currently a seller's market.

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