Smithfield, UT

Buyer's market+10.9% YoY

Housing market overview · Updated weekly

$426,000median sale price

Homes sold

13

Last 12 weeks

Days on market

85

Average pace

Active listings

71

5.5 months supply

Sale-to-list

98.9%

Below asking

The Smithfield housing market is currently classified as a buyer's market with a median sale price of $426,000. Prices have risen 10.9% compared to last year, with homes spending an average of 85 days on market, indicating 5.5 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 71 homes listed for sale in Smithfield, Utah. The median listing price is $392K.

Active listings

71

Homes on market

Median list price

$392K

Avg. days on market

85

Days until sale

New this week

25

Newly listed

Price drops:14.1%of listings
Sale-to-list:98.9%

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Frequently asked questions

What is the average home price in Smithfield?

The median home sale price in Smithfield is $426,000, up 10.9% from last year.

How long do homes stay on market in Smithfield?

Homes typically spend 85 days on market before going under contract.

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

With 5.5 months of supply, Smithfield is currently a buyer's market.

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