Foreclosure Homes in Smithfield, WV

Current Market Conditions in Smithfield, WV

The Smithfield real estate market has seen a steady interest from potential buyers, particularly due to the area's appealing lifestyle and affordability compared to nearby urban settings. This has resulted in a moderate increase in property values as more people seek to escape the city and embrace a more tranquil living environment.

The current market trend suggests that single-family homes are in high demand. Listings are moving quickly, particularly those that are well-maintained and priced competitively. There is a noticeable interest from first-time homebuyers looking to take advantage of favorable mortgage rates and the chance to own a piece of this picturesque community.

Rent Prices In Smithfield, WV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithfield, WV, is on a rollercoaster ride. The average rent price in Smithfield, WV, is $914.00. Indeed, when looking to rent in Smithfield, WV, you can expect to pay as little as $720.00 or as much as $1,120.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Smithfield, WV -- 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.