Smithfield, RI

Seller's market+4.0% YoY

Housing market overview · Updated weekly

$429,950median sale price

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

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

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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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