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City / Town Overview

Smithfield, VA

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Smithfield, VA real estate market currently shows 90 active listings, with 2 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 53 days on market compared to 47 days last year.

The median listing price has risen 13.8% year-over-year, from $495,750 to $564,248.

Whether you are buying or selling in Smithfield, VA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 18,371  ·  Density: 68.1/mi²  ·  Median household income: $95,316

Typical home value: $331,555  ·  Homeownership: 83.5%

Included Areas

Smithfield: 23430, 23431

Area Map

Market Overview

Active Listings
90
⇧ 21.6% vs 74 last year
Pending
2
2% pending ratio
Median Price
$564,248
⇧ 13.8% vs $495,750 last year
Average Price
$597,530
⇧ 13.4% vs $526,963 last year
Days on Market
53
⇧ 12.8% vs 47 days last year

Price Per Square Foot

Median $/sqft
$214
⇧ 3.9% vs $206/sqft last year
Median Home Size
2,567 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %