Zip 27577 (Smithfield, NC) Housing

The housing median value in 27577 Smithfield, NC is $280,300, which is significantly lower than the US house median value of $338,100. However, the 1 year house appreciation rate in Smithfield is higher than the US rate at 15.26%, compared to 8.27%. This suggests that the real estate market in Smithfield is growing faster than the national average and may offer a good opportunity for investors interested in putting money into residential properties.

The median home cost in Smithfield (zip 27577) is $280,300. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Smithfield (zip 27577) is up 25.0%.

Average Age of Homes

- The median age of Smithfield (zip 27577) real estate is 39 years old

The Rental Market in Smithfield (zip 27577)

- Renters make up 34.0% of the Smithfield (zip 27577) population
- 1.8% of houses and apartments in Smithfield (zip 27577), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Smithfield, North Carolina	United States
	10,359.0	139,647,020.0
	41	42
	$280,300	$338,100
	25.0%	16.6%
	72.1%	57.0%
	108.1%	101.1%
	$8.34	$10.98
	$1,452	$2,690
	60.2%	57.4%
	9.9%	11.2%
	29.8%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	1.7%	0.7%
	0.1%	0.4%
	2.2%	3.6%
	4.1%	4.1%
Value of Owner-Occupied Housing
	2.6%	2.6%
	1.5%	2.4%
	3.2%	2.8%
	3.6%	3.9%
	6.5%	4.5%
	17.9%	11.3%
	26.9%	13.0%
	28.8%	20.1%
	7.1%	13.6%
	1.2%	8.3%
	0.7%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	15.5%	13.6%
	15.5%	13.6%
	13.4%	13.6%
	11.1%	13.2%
	16.7%	14.8%
	13.4%	13.6%
	10.8%	10.0%
	5.8%	4.7%
	6.4%	12.2%

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