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Foreclosures in Smithfield, IL

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Smithfield, IL Foreclosures

Current Market Conditions in in Smithfield, IL As of April 2026?
Over the past month, the Smithfield real estate market has shown signs of stability with no significant fluctuations in average property prices. Buyers remain actively seeking homes, particularly those with land and unique features that align with the rural lifestyle. New listings are being absorbed at a steady pace, indicating a healthy market environment for home sellers.
How much do homes sell for in Smithfield, IL?
The average home price is currently $132,950.
In Smithfield, IL, how many homes are available?
There are currently 53 active home listings available in Smithfield.
What’s the average rental cost in Smithfield, IL?
The average rental price in Smithfield is $888.
What is the most expensive home in Smithfield?
The most expensive home sold in Smithfield had a price of $980,856.
What is currently the cheapest priced home in Smithfield, IL?
The cheapest home for sale in Smithfield is priced at $14,389.

Living in Smithfield, IL

Smithfield, IL, is a charming rural community known for its peaceful atmosphere and friendly residents. Surrounded by beautiful landscapes, it offers a range of outdoor activities and local amenities that cater to a relaxing lifestyle. This community is ideal for anyone looking to escape the hustle and bustle of city life.

Buyer vs Seller Market in Smithfield, IL

The real estate market in Smithfield is currently experiencing moderate activity, with a balance between supply and demand for homes. This small community's charm attracts buyers looking for affordable properties, often leading to competitive pricing for well-located homes.

Trends indicate a gradual appreciation in property values over the past few months, driven by the local economy and the appeal of rural living.

Home Value Estimator For Smithfield, IL

There are currently 166 real estate properties in Smithfield, IL, with a median automated valuation model (AVM) price of $83,233.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Smithfield, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Smithfield, IL, is $132,950.00, with the most expensive house in Smithfield, IL, topping out at $980,856.00 and the cheapest home in Smithfield, IL, clocking in at $14,389.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithfield, IL!

Rent Prices In Smithfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithfield, IL, is on a rollercoaster ride. The average rent price in Smithfield, IL, is $888.00. Indeed, when looking to rent in Smithfield, IL, you can expect to pay as little as $570.00 or as much as $1,690.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Smithfield, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Smithfield, IL Foreclosures

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