#1381444, Listing Office: SLOCUM
Smithfield Housing Market Report March 2025•Providence County, Rhode Island
Housing Prices in Smithfield, RI
How much do homes in Smithfield, RI cost?
Housing Market Conditions
Is Smithfield, RI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Smithfield is a Seller's Market
Difference Since March 2024
Since last year, Smithfield has remained a Seller's Market.
Smithfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Smithfield have sold for 17.9% more than they did a year ago.
Summary: The median home sold price in Smithfield was $499,450 in March 2025, up 17.9% from last year, and the median price per square foot was $278.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Greenville | $387.5K | $525K | +35.5% |
Smithfield | $423.7K | $499.4K | +17.9% |
Johnston | $399.9K | $445K | +11.3% |
Lincoln | $469K | $492K | +4.9% |
North Providence | $370K | $370K | 0.0% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $239K | $260K | +8.8% |
22 Bedrooms | $350K | $397K | +13.4% |
33 Bedrooms | $467.5K | $525K | +12.3% |
44 Bedrooms | $545K | $575K | +5.5% |
55+ Bedrooms | $475K | $700K | +47.4% |
Summary: Smithfield housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +8.8%. The home price for 2 bedroom homes increased by +13.4%. The home price for 3 bedroom homes increased by +12.3%. The home price for 4 bedroom homes increased by +5.5%. The home price for 5 bedroom homes increased by +47.4%.
How does Smithfield, RI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Smithfield, RI
Housing supply in Smithfield, RI
How many homes are available in Smithfield, RI?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
58Last MonthMar 2025 | ||
352 months agoFeb 2025 | +65.7 % Change MoMFeb – Mar |
Summary: The Smithfield real estate market had 58 homes for sale in Mar 2025, a 65.7 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
13Last MonthMar 2025 | ||
72 months agoFeb 2025 | +85.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 5 | +150.0% |
22 Bedrooms | 11 | 18 | +63.6% |
33 Bedrooms | 9 | 18 | +100.0% |
44 Bedrooms | 13 | 15 | +15.4% |
55+ Bedrooms | 0 | 2 | +100.0% |
Summary: Smithfield housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +150.0%. The inventory for 2 bedroom homes increased by +63.6%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes increased by +15.4%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in Smithfield, RI cost?
Over Asking Price3 Homes
At Asking Price5 Homes
Under Asking Price5 Homes
If you're buying a home in Smithfield, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Smithfield in March 2025, up by 85.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 38% were sold at asking, and and 23% were sold over asking.
Days on Market for Smithfield, RI
How long does it take to sell a home in Smithfield, RI?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days5 Homes
Over 90 Days1 Home
Many homes in Smithfield are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 13 homes were sold in Smithfield; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
31 DaysThis YearMar 2025 | ||
35 Days1 year agoMar 2024 | -12.3 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Smithfield had an average listing age of 31 days in Mar 2025, down by 12.3% compared to the previous year.
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Newest Listings in Smithfield, RI
What homes are available in Smithfield, RI?
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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 04/01/2023 - 04/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 5:20:48 AM 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: 4/4/2025, 12:55:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.