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Featured local agent — Smithfield, UT
Sarah Mitchell
Compass Real Estate · Smithfield, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Smithfield, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$532,000median sale price
How is the Smithfield, UT housing market right now?
The median home sale price in Smithfield, UT is $532,000, up 8.6% year-over-year. Homes sell in an average of 49 days with 70 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — 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, UT is currently a balanced market, based on 3.7 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
19
Last 12 weeks
Days on market
49
Average pace
Active listings
70
3.7 months supply
Sale-to-list
98.9%
Below asking
What does the Smithfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $532,000 |
| Median list price | $457,900 |
| Year-over-year price change | +8.6% |
| Average days on market | 49 days |
| Active inventory | 70 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $188/sq ft |
| Homes sold (latest month) | 19 |
| New listings (latest month) | 22 |
| Listings with a price cut | 21.4% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Smithfield by property type?
How the Smithfield, UT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $570,000 | $174/sq ft | 13 | 49 days |
| Townhouse | $317,400 | $206/sq ft | 6 | 50 days |
Source: Redfin · Updated monthly
The Smithfield housing market is currently classified as a balanced market with a median sale price of $532,000. Prices have risen 8.6% compared to last year, with homes spending an average of 49 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.2x provides context for how home values compare to local earning capacity.
Homes for sale in Smithfield
There are currently 70 homes listed for sale in Smithfield, Utah. The median listing price is $458K.
Active listings
70
Homes on market
Median list price
$458K
Avg. days on market
49
Days until sale
New this week
22
Newly listed
Who lives in Smithfield?
Population
14,033
Median income
$90,602/yr
Median age
28.3 years
Owner-occupied
80.2%
College grads
41.6%
Avg commute
20.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Smithfield?
Zillow home value
$473,166
Zillow rent index
$1,818/mo
Price-to-rent ratio
21.7x
Price-to-income
5.2x
Source: Zillow Research
What is it like to live in Smithfield?
Smithfield is a community of approximately 14K residents with a median age of 28.3 years.The median household income is $90,602, which reflects a relatively affluent area with strong earning potential. 41.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 80.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Smithfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Smithfield?
4 schools tracked · 3,761 students
The largest public schools serving Smithfield, UT 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.
Sky View High
Grades 8-12 · 1,555 students
Sunrise School
Grades K-6 · 759 students
Summit School
Grades PK-6 · 729 students
Birch Creek School
Grades PK-6 · 718 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Smithfield, UT?
Want a head-to-head view? Compare Smithfield side-by-side with any other U.S. city using our market-comparison tool.
Is Smithfield a good real estate investment market?
For investors evaluating Smithfield, the price-to-rent ratio of 21.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Smithfield's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Smithfield's median home price.
Frequently asked questions
What is the average home price in Smithfield?
The median home sale price in Smithfield is $532,000, up 8.6% from last year.
How long do homes stay on market in Smithfield?
Homes typically spend 49 days on market before going under contract.
What is the median income in Smithfield?
The median household income is $90,602 per year.
Is Smithfield a buyer's or seller's market?
With 3.7 months of supply, Smithfield is currently a balanced market.
What is the Zillow home value estimate for Smithfield?
The Zillow Home Value Index (ZHVI) for Smithfield is $473,166, representing the typical home value in the area.
How much does a single-family home cost in Smithfield?
The median single-family home price in Smithfield, UT is $570,000 (about $174 per square foot).
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