The housing market in Smithfield, RI is exhibiting robust growth. At present, the median housing value in 02917 Smithfield RI is an impressive $416,800, which is significantly higher than the US median of $338,100. This is further evidenced by the one-year appreciation rate in Smithfield of 10.01%, compared to 8.27% nationwide. This trend indicates that home values are likely to continue to rise in Smithfield going forward.
The median home cost in Smithfield (zip 02917) is $416,800. Home appreciation the last 10 years has been 100.0%. Home Appreciation in Smithfield (zip 02917) is up 13.6%.
Average Age of Homes
- The median age of Smithfield (zip 02917) real estate is 44 years old
The Rental Market in Smithfield (zip 02917)
- Renters make up 20.5% of the Smithfield (zip 02917) population
- 3.5% of houses and apartments in Smithfield (zip 02917), 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.