Condo Foreclosures in Smithfield, VA

Current Market Conditions in Smithfield, VA

Smithfield's real estate market has shown positive growth recently, driven by an influx of new residents seeking the tranquility of small-town life combined with easy access to urban amenities. The average home prices have seen a steady increase, presenting an attractive investment opportunity for home buyers.

The community is witnessing an increase in home sales as demand outpaces supply, creating a competitive environment. Properties are selling faster than in previous periods, indicating a strong interest in the area.

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 $1,635.00. 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.