Housing in Smithfield, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$451,000
Median List Price
$609,900
Price Per Sq Ft
$210
Days on Market
67
Active Inventory
43
Months of Supply
3.3
Seller's market
Zillow Home Value
$386,494
ZHVI — January 2026
Zillow Rent Index
$2,300
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
38.5%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
100.9%
Seller's market
Market Activity
Source: RedfinHomes Sold
13
New Listings
13
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$210
Median List $/SF
$227
Smithfield vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Smithfield is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$358,100
Median Rent
$1,182
Total Housing Units
3,646
Vacancy Rate
5.3%
Owner Occupied
82.4%
Renter Occupied
17.6%
Median Property Tax
$2,814
per year
Monthly Cost (w/ Mortgage)
$2,009
Housing Types
The current median sale price in Smithfield, VA is $451,000 according to Redfin data. Homes spend a median of 67 days on the market. 38.5% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $210. Zillow's observed rent index is $2,300/month. About 82.4% of housing units are owner-occupied. The median year homes were built is 1992. There are 3,646 total housing units.