Smithfield, WV Foreclosures
Current Market Conditions in in Smithfield, WV As of April 2026?
Over the last month, the Smithfield real estate market has remained stable with limited inventory. Despite the obstacles posed by rising interest rates, buyers are still showing interest, particularly in affordable family homes. Days on market have slightly decreased, indicating a competitive landscape. The average selling price has shown a small fluctuation, but overall, there's a healthy demand for homes which indicates ongoing economic stability.
How much do homes sell for in Smithfield, WV?
The average home price is currently $154,101.
In Smithfield, WV, how many homes are available?
There are currently 17 active home listings available in Smithfield.
What’s the average rental cost in Smithfield, WV?
The average rental price in Smithfield is $914.
What is the most expensive home in Smithfield?
The most expensive home sold in Smithfield had a price of $411,404.
What is currently the cheapest priced home in Smithfield, WV?
The cheapest home for sale in Smithfield is priced at $41,228.
Living in Smithfield, WV
Smithfield, WV is a charming small town characterized by its picturesque landscapes and welcoming community. The area offers a variety of outdoor activities and local amenities that cater to families and individuals alike. With excellent schools and a peaceful atmosphere, Smithfield is an attractive place to call home.
Buyer vs Seller Market in Smithfield, WV
The real estate market in Smithfield, WV has seen a moderate increase in activity over the past six months, with more buyers looking for homes in quieter areas away from urban sprawls. The demand for single-family homes has been steady, leading to a gradual rise in home prices, which have increased by approximately 5% compared to the previous year.
Rental properties are becoming more sought-after, particularly among young professionals and families who value the community-oriented lifestyle that Smithfield presents. Investors are taking notice of the area's growth potential, as the demand for housing continues to rise.
Home Value Estimator For Smithfield, WV
There are currently 116 real estate properties
in Smithfield, WV,
with a median automated valuation model (AVM) price
of $133,606.00. 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, WV, 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, WV,
is $154,101.00, with the most expensive house
in Smithfield, WV, topping out
at $411,404.00 and the cheapest home
in Smithfield, WV,
clocking in at $41,228.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Smithfield, WV!
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.