The Smithfield housing market is very competitive. The median sale price of a home in Smithfield was $267K last month, down 5.3% since last year. The median sale price per square foot in Smithfield is $165, down 7.0% since last year.
What is the housing market like in Smithfield today?
In October 2024, Smithfield home prices were down 5.3% compared to last year, selling for a median price of $267K. On average, homes in Smithfield sell after 15 days on the market compared to 36 days last year. There were 15 homes sold in October this year, down from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$266,990
-5.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Smithfield, NC
$266,990
-5.3%
United States
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How hot is the Smithfield housing market?
Smithfield is very competitive. Homes sell in 23 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 23 days.
Hot homes
can sell for around list price and go pending in around 13 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Smithfield housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Smithfield.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Smithfield has a minor risk of flooding. 396 properties in Smithfield are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Smithfield. Flood risk is increasing slower than the national average.
88% of properties are at risk of wildfire over the next 30 years
Fire Factor
Smithfield has a moderate risk of wildfire. There are 5,157 properties in Smithfield that have some risk of being affected by wildfire over the next 30 years. This represents 88% of all properties in Smithfield.
58% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Smithfield has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Smithfield is most at risk from hurricanes. 3,426 properties in Smithfield have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 100 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 115 mph.