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Foreclosure Homes in Smithfield, VA 23430

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Smithfield, VA Foreclosures

How much do homes sell for in Smithfield, VA?
The average home price is currently $432,879.
In Smithfield, VA, how many homes are available?
There are currently 35 active home listings available in Smithfield.
What’s the average rental cost in Smithfield, VA?
The average rental price in Smithfield is $1,634.
What is the most expensive home in Smithfield?
The most expensive home sold in Smithfield had a price of $10,441,622.
What is currently the cheapest priced home in Smithfield, VA?
The cheapest home for sale in Smithfield is priced at $16,800.

Living in Smithfield, VA

Smithfield, Virginia is a historic town known for its iconic Smithfield ham and charming waterfront views. With a strong sense of community, residents enjoy a blend of local events, rich history, and abundant outdoor activities. The town's quaint atmosphere, combined with proximity to modern amenities, makes it an attractive place to live and grow.

Current Market Conditions in Smithfield, VA

Smithfield's real estate market has been experiencing a stable demand due to its appealing small-town vibe and accessibility to larger metropolitan areas. Homes here generally retain their value, attracting families and retirees alike.

The market trends suggest increasing interest from homebuyers looking for tranquility combined with community spirit. Newly constructed homes and renovations of older properties reflect the growing enhancement in living standards in the area.

Home Value Estimator For Smithfield, VA

There are currently 8,137 real estate properties in Smithfield, VA, with a median automated valuation model (AVM) price of $396,900.00. 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, VA, 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, VA, is $432,879.00, with the most expensive house in Smithfield, VA, topping out at $10,441,622.00 and the cheapest home in Smithfield, VA, clocking in at $16,800.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithfield, VA!

Rent Prices In Smithfield, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithfield, VA, is on a rollercoaster ride. The average rent price in Smithfield, VA, is $1,634.00. Indeed, when looking to rent in Smithfield, VA, you can expect to pay as little as $630.00 or as much as $4,040.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Smithfield, VA -- 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, VA 23430 Foreclosures

Market Trend for Smithfield, VA

Total Listings Available: 35

Market Values:

Home Prices from $16,800 to $10,441,622

Average Sales Price: $432,879

Rental Values:

Rental from $630 to $4,040

Average Rent Value: $1,634 / month

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