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Preforeclosure Homes in Smithfield, RI 02917

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Smithfield, RI Foreclosures

Current Market Conditions in in Smithfield, RI As of February 2026?
In the past month, Smithfield has experienced a slight uptick in home sales, suggesting renewed interest among buyers looking for family-friendly neighborhoods. Inventory levels remain low, leading to multiple offer situations on desirable properties. The current average days on market has decreased, indicating a trend towards quicker sales, reflective of the ongoing demand in this sought-after town.
How much do homes sell for in Smithfield, RI?
The average home price is currently $587,144.
In Smithfield, RI, how many homes are available?
There are currently 3 active home listings available in Smithfield.
What’s the average rental cost in Smithfield, RI?
The average rental price in Smithfield is $1,685.
What is the most expensive home in Smithfield?
The most expensive home sold in Smithfield had a price of $29,685,276.
What is currently the cheapest priced home in Smithfield, RI?
The cheapest home for sale in Smithfield is priced at $11,896.

Living in Smithfield, RI

Smithfield, RI is a beautiful suburban town that offers a fantastic quality of life with its excellent schools, lovely parks, and community-oriented atmosphere. With a variety of local amenities and proximity to Providence, it caters well to both families and professionals. The town balances a peaceful lifestyle while providing opportunities for leisure and engagement.

Buyer vs Seller Market in Smithfield, RI

The Smithfield real estate market remains competitive, driven by ongoing demand for homes in the area. Buyers are attracted to the town's good schools, parks, and suburban charm, leading to a steady increase in home values.

Current trends indicate a rise in new developments, particularly in areas close to shopping and recreational facilities, enhancing the area's appeal to families and new residents.

Home Value Estimator For Smithfield, RI

There are currently 4,726 real estate properties in Smithfield, RI, with a median automated valuation model (AVM) price of $506,773.00. 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, RI, 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, RI, is $587,144.00, with the most expensive house in Smithfield, RI, topping out at $29,685,276.00 and the cheapest home in Smithfield, RI, clocking in at $11,896.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithfield, RI!

Rent Prices In Smithfield, RI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithfield, RI, is on a rollercoaster ride. The average rent price in Smithfield, RI, is $1,685.00. Indeed, when looking to rent in Smithfield, RI, you can expect to pay as little as $800.00 or as much as $3,230.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Smithfield, RI -- 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, RI 02917 Preforeclosure Homes


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