23304Smithfield, VA Housing Market
$191,525median sale price
The 23304 zip code, located in Smithfield, VA, is currently classified as a seller's market. The median sale price stands at $191,525. Homes in this area spend an average of 9 days on the market before going under contract.
Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 23304 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.
Homes sold
1
Last 12 weeks
Days on market
9
Fast-moving
Active listings
—
Sale-to-list
116.1%
Above asking
Market trends
Market analysis for 23304
The 23304 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a seller's market, homes are selling at approximately 116.1% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 23304 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
Community profile
Population
0
Median age
-666666666 years
Living in 23304
With a median age of -666666666 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings.
These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 23304.
Frequently asked questions about 23304
What is the median home price in 23304?
The current median sale price in 23304 is $191,525, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 23304 a buyer's or seller's market?
The 23304 zip code is currently classified as a seller's market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
How do I research neighborhoods in 23304?
Properties Incorporated provides comprehensive data for 23304 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 23304 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.
Get zip code 23304 market alerts
Weekly updates on prices, inventory, and trends. Free forever.