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Foreclosures in Smithfield, VA

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Smithfield, VA Foreclosures

How much do homes sell for in Smithfield, VA?
The average home price is currently $432,154.
In Smithfield, VA, how many homes are available?
There are currently 2 active home listings available in Smithfield.
What’s the average rental cost in Smithfield, VA?
The average rental price in Smithfield is $1,635.
What is the most expensive home in Smithfield?
The most expensive home sold in Smithfield had a price of $12,664,992.
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 charming small town known for its picturesque views and rich history. Nestled along the banks of the Pagan River, the town offers a unique blend of quaint, historic architecture and modern amenities. Smithfield is famous for its local ham and provides a welcoming community atmosphere.

Current Market Conditions in Smithfield, VA

The real estate market in Smithfield, VA is experiencing steady growth, with an influx of new residents attracted to the town's friendly community and picturesque surroundings. Homes are in demand, and prices have seen an upward trend as more buyers look to invest in this charming area. The market supports both residential and investment properties, making it a promising location for real estate opportunities.

Currently, Smithfield's housing market is competitive, with many homes selling quickly. The average time on the market has decreased significantly over the past few months, with buyers often having to make competitive offers.

Home Value Estimator For Smithfield, VA

There are currently 8,134 real estate properties in Smithfield, VA, with a median automated valuation model (AVM) price of $397,115.00. 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 $432,154.00, with the most expensive house in Smithfield, VA, topping out at $12,664,992.00 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 $1,635.00. 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.

Smithfield, VA Foreclosures

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