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Cheap Homes in Smithfield, NC

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Smithfield, NC Foreclosures

Current Market Conditions in in Smithfield, NC As of March 2026?
Over the past month, the Smithfield real estate market has remained relatively stable, with slight fluctuations in home prices. However, the influx of buyers looking for homes in quieter suburban areas has fostered competition, leading to quicker sales. Real estate agents note that properties in desirable neighborhoods are consistently receiving multiple offers, which is a positive indicator of the area's ongoing growth.
How much do homes sell for in Smithfield, NC?
The average home price is currently $350,596.
What’s the average rental cost in Smithfield, NC?
The average rental price in Smithfield is $1,084.
What is the most expensive home in Smithfield?
The most expensive home sold in Smithfield had a price of $24,366,755.
What is currently the cheapest priced home in Smithfield, NC?
The cheapest home for sale in Smithfield is priced at $12,298.

Living in Smithfield, NC

Smithfield, NC is a picturesque town in Johnston County that blends small-town charm with modern conveniences. Sections of the town are steeped in history, providing a unique blend of heritage and contemporary living. With plenty of recreational activities, dining options, and a strong community spirit, Smithfield is an ideal place for families and individuals alike.

Buyer vs Seller Market in Smithfield, NC

The Smithfield real estate market has shown a steady increase in demand over the past year. The combination of its strategic location near major highways and appealing residential areas has attracted many new homebuyers. This has resulted in a slight increase in home values as more buyers seek homes within the area.

New developments and renovations in Smithfield are contributing to the overall growth of the neighborhood. The real estate market has seen a balance of singles, families, and retirees moving into the area, encouraging a variety of housing options to be available for potential buyers.

Home Value Estimator For Smithfield, NC

There are currently 9,928 real estate properties in Smithfield, NC, with a median automated valuation model (AVM) price of $292,182.00. 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, NC, 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, NC, is $350,596.00, with the most expensive house in Smithfield, NC, topping out at $24,366,755.00 and the cheapest home in Smithfield, NC, clocking in at $12,298.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithfield, NC!

Rent Prices In Smithfield, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithfield, NC, is on a rollercoaster ride. The average rent price in Smithfield, NC, is $1,084.00. Indeed, when looking to rent in Smithfield, NC, you can expect to pay as little as $560.00 or as much as $3,240.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Smithfield, NC -- 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.

Cheap Homes in Smithfield, NC


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