Smithfield, RI Home Values & Market Trends
Real estate market trends reflect that there have been 165 transactions over the past year in Smithfield. The median value for residential home transactions that occurred over the previous year is $451,957.45. The number of current listings in Smithfield is 8, and the percentage of properties for sale in the city is 8.00%. Smithfield, RI currently has 2 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 8 properties for sale.
Smithfield, RI Real Estate Market Overview
Zip | Median Est. Value |
---|---|
02917 | $ 509,052 $ 325/sqft |
Housing Market Summary for Smithfield, RI
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $319.9K | $440.7K | 37.76% |
Median Sold Price | $440K | $440.7K | 0.17% |
Homes For Sale | 3 | 6 | 100.00% |
Homes Sold | 73 | 73 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Smithfield, RI
Browse Homes in Smithfield, RI
Smithfield home values range from $83,675 to $2,626,956. The median estimated value of a home in Smithfield is $451,957.45. The median list price of a home is 495,000, and the total count of properties in the city is 4,321.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Smithfield, RI with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Smithfield, RI; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Smithfield, RI ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Smithfield, RI. There is 1 zips within Smithfield, RI; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions02917 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Smithfield, RI. Auction homes and other auction properties account for 0.05% of all properties in Smithfield, RI. There is 1 zips within Smithfield, RI; of that zips, the median estimated home value for homes going to auction ranges from $813,347 in 02917 to the lowest value of $367,900 in 02917.
Compare Nearby Cities
More Real Estate Resources for Smithfield, RI
Guide for Smithfield, RI
The article provides a comprehensive analysis of the real estate market in Providence and nearby cities, highlighting the upward trend in property values and resilience of the market despite fluctuating sales.
Rhode Island Foreclosure Laws
When house prices increase near good school, what options do home buyer have?
Information on foreclosure financing, refinancing, and foreclosure mortgages.