The Smithfield market stayed soft this week as sales dropped 11.1% to land at eight homes sold over the last 30 days. Meanwhile, close-by Chesapeake reported 305 homes sales, the highest number from all the surrounding cities. Potential buyers should note that prices went up in Smithfield, with the median for this period rising from $224,900 to $226,200. Smithfield is a solid buyer's market, due to a big 12 months of inventory left and aided by the dip in sales.
Trying to find a home in Smithfield that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market: