Market Trends: 3/11/2010
Smithfield
Market Snapshot
Total Properties Listed:
196
Month-Over-Month Change: +6.52%
Average List Price:
$341,556
Month-Over-Month Change: +.51%
Median List Price:
$299,900
Month-Over-Month Change: +1.66%
Typical Property
Single-Family Home
3.68 Bedrooms
2.65 Baths
$341,556 Average List Price
$140/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
N/A
2 Bedrooms:
$199,980
3 Bedrooms:
$289,485
4 Bedrooms:
$381,090
5 Bedrooms:
$552,856
Top 5 Most Viewed Properties
Smithfield, VA Real Estate:
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Smithfield Real Estate
About Smithfield
Smithfield, Virginia is 10 miles SW of Newport News, Virginia (center to center) and 32 miles W of Virginia Beach, Virginia. It is in Isle Of Wight county. The town is part of the Norfolk - Virginia Beach - Newport News metro area. The population of Smithfield is 6,324.
In Smithfield, about 56% of adults are married.
In 2000, Smithfield had a median family income of $53,906. Smithfield is one of the richer towns in Virginia.
Among Smithfield political contributors, George W. Bush was favored among Presidential candidates in 2004, with $5,700. The Republican party attracted the largest share of donations from the town.
Of the housing in Smithfield, approximately 70% is occupied by their owners. Newer housing units are not uncommon in the town. Real estate taxes per home are higher in Smithfield than most places in Virginia.
In Smithfield, 94% of commuters drive to work.
Buying a New Smithfield Home?
Buying a Smithfield home can be a daunting task. Before setting out on your house hunting journey, you should
know what you really want to find. Take some time to list all the features that are most important to you and your
family. Here are a few ideas to consider in looking for a Smithfield home to purchase:
- Location – Smithfield has a good number of wonderful areas to choose from. Also think about your proximity
to quality schools, medical facilities, and shopping markets.
- Size – Do you need a certain number of bedrooms or bathrooms? Don’t forget about closet space
- Parking – Is a covered garage important to you?
- Style – 2-story house or ranch style home? New or older home?
- Air Conditioning & Heating – central heating and/or air conditioning can be a savior in Smithfield.
As you browse homes on , keep these ideas in mind. Your list may change over time as you do more looking.
You may want to add or remove features, or perhaps you'll become willing to make compromises to find the Smithfield home
that is the best fit for your family. With hundreds of beautiful Smithfield homes to choose from, you’ll surely find the
one for you. Get started now.
Selling your Smithfield Home?
Selling your Smithfield home through Resh Realty Group is the right decision. Our agents are here to guide you
through a potentially complicated process. You deserve top-dollar for your property and Resh Realty Group is committed to marketing
and selling your home. All of our agents are certified REALTORs® and they are determined to give you peace of mind
throughout the home selling process. With years of experience in the Smithfield home market, our team has the secret recipe
for attracting the right kind of home buyers at just the right time. Choosing Resh Realty Group is a wise decision. Learn a bit
more about our agents here.
Apply for a Home Loan to purchase your Smithfield home?
The Smithfield home market is highly active at this time. Interest rates continue to hover near record lows and it’s never
been easier to finance your Smithfield home purchase —whether it’s your first home purchase, a vacation property, or a retirement
townhouse. Find out how much house you can afford, learn about settlement and closing costs, and access the most current
lending rates through our preferred mortgage partner.