Watson-Sanders House · Photo: LikeGrantTookRichmond · CC BY-SA 3.0242 homes sold in Smithfield in the last year, at a typical $287K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Smithfield homes are listed.
Every place Smithfield homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Smithfield.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 77% of Smithfield’s sales, at a typical $300K
242 homes sold in the year to May 2026.
typical sale · 187 sold in 12 months
- Per square foot
- $168NC $207
- Days to sell
- 83
- Sold over asking
- 12%
- Listings with a price cut
- 25%
Multi-family (2–4 units): 2 sold, typical $140K
Townhouses: 53 sold, typical $263K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 2.6 times the 2016 price
242 sales in the last year, against 261 in 2025 and a low of 71 in 2012. The typical sale went from $112K in 2016 to $287K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Smithfield
Check a listing against what Smithfield homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Smithfield are rarer than before the pandemic, and more homes are for sale
We read every month of Smithfield’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 242 sales.
If you’re buying in Smithfield
- Shop in April. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
- You can negotiate. 24% of listings have cut their price, against 15% before the pandemic.
- Offer under asking. Buyers paid 97.6% of the list price on average; 11% paid over.
- You’ll usually have time. Only 17% of homes go under contract within two weeks; the typical one takes 80 days.
Winter brings the homes; spring brings the bidding wars
February has the most new listings (about 19 a month), but May is the most competitive: 30% of May sales close over asking. March and April offer nearly as much choice with fewer homes bid up (23%). April has the least competition (22%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than North Carolina
| Smithfield now | 2017–19 | 2021 peak | NC now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 11% | 25% | 49% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 17% | 28% | 57% | 30% |
| Listings with a price cutShare of homes for sale that cut their price | 24% | 15% | 9% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 97.6% | 96.8% | 100.3% | 97.8% |
| Days to sellMedian days from listing to contract | 80 | 70 | 64 | 62 |
75 homes for sale on a typical day
That’s 2.3 times the 2022 low (33) and 62% more than in 2017–19.
1 in 4 listings has cut its price
24% in the last year, against 15% in 2017–19 and 27% across North Carolina. More sellers are pricing high and coming down.
Smithfield ranks 172nd of 224 busy North Carolina markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Smithfield is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Smithfield home costs about $1,701 a month
Price: Smithfield’s typical sale, last 12 months. Property tax at Smithfield’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Smithfield is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in February
The month with the most choice. December has the fewest, about 12.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $287K home, about $2,450 a year.
Taxes vs. neighborsSchools
The schools grade for Smithfield, from test results, graduation and how much students grow.
Schools in SmithfieldTypical commute
The average one-way trip to work for people who live in Smithfield.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Archer Lodge for far more
The busier markets within 25 miles of Smithfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Clayton | 527 | $329K | $192 | 15% | 63 |
| Wilson's Mills | 250 | $313K | $175 | 10% | 78 |
| Smithfield | 242 | $287K | $162 | 11% | 80 |
| Pine Level | 82 | $310K | $179 | 11% | 125 |
| Four Oaks | 67 | $308K | $181 | 7% | 126 |
| Selma | 52 | $233K | $170 | 23% | 61 |
| Archer Lodge | 49 | $428K | $214 | 20% | 39 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Smithfield, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Smithfield. People who follow the town see it, and so do people comparing Smithfield with their own town. No commission, no listing fee.
Questions about buying a home in Smithfield
What do homes sell for in Smithfield, NC?
242 homes sold in the year to May 2026 at a typical $287K, $162 a square foot.
Is Smithfield a buyer’s or seller’s market?
A seller’s market: 74 homes were for sale in May 2026 and 22 sold, about 3.4 months of supply. Buyers paid 97.6% of asking on average, and 24% of listings cut their price.
When is the best time to buy in Smithfield?
February brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Smithfield?
About 0.9% of a home’s value a year. On a $287K home that’s near $2,450.
Where can I see homes for sale in Smithfield?
Zillow, Redfin, Realtor.com and Homes.com all carry Smithfield’s MLS listings; the search links above open each one filtered to Smithfield.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).