Smithfield, NE Foreclosures
Current Market Conditions in in Smithfield, NE As of February 2026?
In the last month, the Smithfield real estate market has seen a modest uptick in activity, driven by an increase in interest from first-time homebuyers. Adjustments in pricing strategies by sellers have helped listings move faster, indicating a responsive market. As buyers recognize the value of owning property in Smithfield, we anticipate growth in both interest and pricing in the upcoming months. Active listings remain competitive, but the affordability factor remains an alluring aspect of Smithfield.
How much do homes sell for in Smithfield, NE?
The average home price is currently $292,856.
What’s the average rental cost in Smithfield, NE?
The average rental price in Smithfield is $1,097.
What is the most expensive home in Smithfield?
The most expensive home sold in Smithfield had a price of $904,230.
What is currently the cheapest priced home in Smithfield, NE?
The cheapest home for sale in Smithfield is priced at $23,274.
Living in Smithfield, NE
Smithfield, Nebraska is a small, tight-knit community known for its welcoming atmosphere and picturesque landscapes. The town offers a peaceful lifestyle with easy access to necessary amenities while preserving its rural charm. Residents enjoy outdoor activities, including hiking, fishing, and community events throughout the year.
Buyer vs Seller Market in Smithfield, NE
The real estate market in Smithfield remains stable, with a slight increase in home prices due to the area’s growing appeal to families and retirees. Properties in this region are typically affordable compared to urban centers, making it an attractive option for new buyers looking for their first home or a serene retirement location.
Over the past few months, homes have been selling relatively quickly, indicating a healthy demand. The average days on market have decreased, showing that buyers are eager to invest in this peaceful community.
Home Value Estimator For Smithfield, NE
There are currently 79 real estate properties
in Smithfield, NE,
with a median automated valuation model (AVM) price
of $245,829.00. 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, NE, 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, NE,
is $292,856.00, with the most expensive house
in Smithfield, NE, topping out
at $904,230.00 and the cheapest home
in Smithfield, NE,
clocking in at $23,274.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Smithfield, NE!
Rent Prices
In Smithfield, NE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Smithfield, NE, is on
a rollercoaster ride. The
average rent price in Smithfield, NE,
is $1,097.00. Indeed, when looking to rent in
Smithfield, NE, you can expect to pay as little
as $700.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Smithfield, NE
-- 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.