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Land Foreclosures in Smithfield, KY

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Smithfield, KY Foreclosures

Current Market Conditions in in Smithfield, KY As of March 2026?
Over the past month, the Smithfield real estate market has become even more competitive, with several homes receiving multiple offers shortly after listing. The demand continues to outpace the supply, leading to quicker sales and marginally increasing prices. This trend points to a strong market ideal for sellers while also presenting challenges for buyers to find available homes.
How much do homes sell for in Smithfield, KY?
The average home price is currently $423,293.
What’s the average rental cost in Smithfield, KY?
The average rental price in Smithfield is $1,423.
What is the most expensive home in Smithfield?
The most expensive home sold in Smithfield had a price of $6,423,000.
What is currently the cheapest priced home in Smithfield, KY?
The cheapest home for sale in Smithfield is priced at $16,166.

Living in Smithfield, KY

Smithfield, KY, is a charming small town that offers a peaceful lifestyle surrounded by the beautiful Kentucky countryside. With strong community ties, excellent schools, and access to outdoor activities, it’s a wonderful place to call home. Residents enjoy the tranquility of rural living while being just a short drive away from larger urban areas for work and leisure.

Buyer vs Seller Market in Smithfield, KY

The current real estate market in Smithfield is showing positive growth as more buyers are drawn to the tranquility and affordability of the area. Homes are selling comparatively quickly, and there's a balanced mix of properties available, appealing to both first-time buyers and those looking for larger family homes.

In recent months, there has been an upward trend in home values in Smithfield, driven by an increase in demand due to low inventory. Investors and families alike are looking to secure properties before prices climb further, indicating a robust market outlook.

Home Value Estimator For Smithfield, KY

There are currently 1,118 real estate properties in Smithfield, KY, with a median automated valuation model (AVM) price of $370,770.00. 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, KY, 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, KY, is $423,293.00, with the most expensive house in Smithfield, KY, topping out at $6,423,000.00 and the cheapest home in Smithfield, KY, clocking in at $16,166.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithfield, KY!

Rent Prices In Smithfield, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithfield, KY, is on a rollercoaster ride. The average rent price in Smithfield, KY, is $1,423.00. Indeed, when looking to rent in Smithfield, KY, you can expect to pay as little as $640.00 or as much as $2,550.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Smithfield, KY -- 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, KY Land


Market Trend for Smithfield, KY

Total Listings Available: 0

Market Values:

Home Prices from $16,166 to $6,423,000

Average Sales Price: $423,293

Rental Values:

Rental from $640 to $2,550

Average Rent Value: $1,423 / month

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