1 day on Rocket
$6,234 Closing Credit¹
#1379846, Listing Office: RE/MAX Real Estate Center
North Smithfield Housing Market Report February 2025•Providence County, Rhode Island
Housing Prices in North Smithfield, RI
How much do homes in North Smithfield, RI cost?
Housing Market Conditions
Is North Smithfield, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North Smithfield is a Seller's Market
Difference Since February 2024
Since last year, North Smithfield has remained a Seller's Market.
Insight
North Smithfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$491,225$255/SqFt
+$56,225
+12.9%
Based on all homes sold in the last 12 months
Insight
Homes in North Smithfield have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in North Smithfield was $491,225 in February 2025, up 12.9% from last year, and the median price per square foot was $255.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| North Smithfield | $435K | $491.2K | +12.9% |
| Woonsocket | $375K | $415K | +10.7% |
| Lincoln | $457.5K | $489.9K | +7.1% |
| Manville | $408K | $317.1K | -22.3% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $415K | $347.5K | -16.3% |
| 22 Bedrooms | $427.4K | $416.8K | -2.5% |
| 33 Bedrooms | $440K | $495K | +12.5% |
| 44 Bedrooms | $507.5K | $655K | +29.1% |
| 55+ Bedrooms | $477.5K | $645K | +35.1% |
Summary: North Smithfield housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -16.3%. The home price for 2 bedroom homes decreased by -2.5%. The home price for 3 bedroom homes increased by +12.5%. The home price for 4 bedroom homes increased by +29.1%. The home price for 5 bedroom homes increased by +35.1%.
How does North Smithfield, RI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
North Smithfield, RI
Housing supply in North Smithfield, RI
How many homes are available in North Smithfield, RI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthFeb 2025 | ||
| 252 months agoJan 2025 | +32.0 % Change MoMJan – Feb |
Summary: The North Smithfield real estate market had 33 homes for sale in Feb 2025, a 32.0 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthFeb 2025 | ||
| 72 months agoJan 2025 | +57.1 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 6 | 8 | +33.3% |
| 33 Bedrooms | 11 | 13 | +18.2% |
| 44 Bedrooms | 4 | 6 | +50.0% |
| 55+ Bedrooms | 3 | 5 | +66.7% |
Summary: North Smithfield housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes increased by +18.2%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes increased by +66.7%.
Asking Price vs. Sold Price
How much do homes in North Smithfield, RI cost?
Over Asking Price6 Homes
At Asking Price1 Home
Under Asking Price4 Homes
Insight
If you're buying a home in North Smithfield, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in North Smithfield in February 2025, up by 57.1% month-over-month. Of the 11 sold homes, 36% were sold under asking, 9% were sold at asking, and and 55% were sold over asking.
Days on Market for North Smithfield, RI
How long does it take to sell a home in North Smithfield, RI?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days6 Homes
Over 90 Days1 Home
Insight
Avg time on Rocket Homes in North Smithfield has remained consistent over time.
Summary: During February 2025, 11 homes were sold in North Smithfield; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 45 DaysThis YearFeb 2025 | ||
| 37 Days1 year agoFeb 2024 | +24.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in North Smithfield had an average listing age of 45 days in Feb 2025, up by 24.1% compared to the previous year.
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Newest Listings in North Smithfield, RI
What homes are available in North Smithfield, RI?
1 day on Rocket
#73345271, Elise Vetri, Listing Office: Keller Williams Realty Leading Edge
2 days on Rocket
$2,138 Closing Credit¹
#1379880, Listing Office: RE/MAX Results
$6,530 Closing Credit¹
#1378217, Listing Office: Real Broker, LLC
$8,491 Closing Credit¹
#1379137, Listing Office: Century 21 The Seyboth Team
Backup offers
$5,343 Closing Credit¹
#1378812, Listing Office: RE/MAX Results
$7,361 Closing Credit¹
#1379015, Listing Office: Fontaine Real Estate, Inc.
$6,531 Closing Credit¹
#1378958, Listing Office: Bella Casa Realty
$8,788 Closing Credit¹
#1378771, Listing Office: Boucher Real Estate
Backup offers
$8,311 Closing Credit¹
#1378151, Listing Office: Broadway Real Estate Group
$4,976 Closing Credit¹
#1378240, Listing Office: Lighthouse Real Estate Group
$6,412 Closing Credit¹
#1377820, Listing Office: CrossRoads Real Estate Group
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MLS Disclaimers and Copyright
Based on information from Rhode Island State Wide MLS, and MLS Property Information Network Inc. for the period 03/01/2023 - 03/01/2025
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.