Name: Smithfield Real Estate Market Data
Creator: Propaired

Question 1

What is the median home price in Smithfield, Utah in 2026?

Accepted Answer

As of July 2026, the median home price in Smithfield, Utah is $479,510, which is 8.7% below the Utah state median of $525,000. Home prices in Smithfield range from $299,900 to $2,400,000, with an average sale price of $499,757. These figures are based on recent closed transactions in the Smithfield real estate market.

Question 2

Is Smithfield, Utah a buyer's or seller's market?

Accepted Answer

Smithfield, Utah is currently a cooling market that is shifting toward buyers. Key indicators include an average sale-to-list price ratio of 99.4% and homes spending an average of 75 days on the market. Smithfield’s median home price is about 9% below the Utah median, with longer days on market and a near‑list sale‑to‑list ratio, signaling a more buyer‑friendly market than the state overall.

Question 3

How long do homes stay on the market in Smithfield?

Accepted Answer

Homes in Smithfield, Utah spend an average of 75 days on the market before going under contract compared to the Utah state average of 61 days (23.7% above average). This gives buyers time to carefully evaluate options and negotiate terms. Properties that are priced competitively and show well tend to sell fastest.

Question 4

How many homes are for sale in Smithfield, Utah?

Accepted Answer

As of July 2026, there are 87 active homes for sale in Smithfield, Utah with 104 new listings added recently. In the most recent reporting period, 58 transactions closed in Smithfield. The inventory level can change quickly, so checking regularly helps buyers stay ahead of new opportunities.

Question 5

Are there new construction homes for sale in Smithfield, Utah?

Accepted Answer

Yes — Smithfield currently has 104 new listings recently added to the market, with prices starting from $299,900. New construction homes (year built ≥ 2025 or builder-flagged in MLS) can be found using the "New Construction" filter on Propaired. The overall median home price in Smithfield is $479,510.

Question 6

How does Smithfield compare to the Utah state average?

Accepted Answer

Smithfield home prices are 8.7% below the Utah state median of $525,000, with a local median of $479,510. Homes sell slower than the state average — 75 days in Smithfield vs 61 days statewide (23.7% above average). The sale-to-list ratio is 99.4% locally vs 99.0% statewide.

Question 7

Are homes in Smithfield more expensive than the Utah average?

Accepted Answer

No, homes in Smithfield are more affordable than the Utah state average. The median home price in Smithfield is $479,510, compared to the statewide median of $525,000 — a difference of $45,490 (-8.7%). This makes Smithfield an attractive option for buyers seeking value in Utah.

Question 8

Do homes sell faster in Smithfield than the rest of Utah?

Accepted Answer

No, homes in Smithfield take longer to sell than the Utah average. The average days on market in Smithfield is 75 days, compared to 61 days statewide (23.7% above average). Buyers in Smithfield have more time to evaluate listings and negotiate, which can work in their favor. The overall market temperature is considered cooling.

Question 9

How have home prices changed in Smithfield over the past year?

Accepted Answer

Home prices in Smithfield, Utah have decreased by 15.8% over the past year. The median sale price went from $522,350 to $440,000. This decline may signal a shifting market that favors buyers. Check the Smithfield market trends section above for detailed charts.

Question 10

Is the Smithfield housing market heating up or cooling down?

Accepted Answer

The Smithfield housing market is currently showing mixed signals, with prices down 15.8% year-over-year and days on market decreasing by 98.0%. The market temperature is rated "cooling" based on current conditions. Smithfield’s median home price is about 9% below the Utah median, with longer days on market and a near‑list sale‑to‑list ratio, signaling a more buyer‑friendly market than the state overall. Monitor the market data section above for monthly trends and state comparisons to track how conditions are evolving.

Question 11

What were Smithfield home prices this time last year?

Accepted Answer

In July 2025, the median home sale price in Smithfield, Utah was $522,350. Today, the median is $440,000, representing a change of -15.8% ($82,350 decrease). During that same period, the average days on market went from 98 to 2 days.

Question 12

What is the current market outlook for Smithfield, Utah?

Accepted Answer

Smithfield’s residential market is currently in a cooling phase. The median closed price of $479,510 sits 8.7% beneath the Utah statewide median, and a sharp 17% month‑over‑month price decline has pushed the market toward buyer advantage. Inventory is ample, with 106 new listings over the past three months versus only 58 closed transactions, and homes are lingering for an average of 75 days—about a quarter longer than the state average. Single‑family homes (SFR) remain the dominant segment, selling at a median of $532,000 (up 0.4% YoY) with 43 sales, while townhomes and condos are priced lower at $324,900 and have seen a 12.2% YoY price drop.

The broader economic backdrop reinforces this cooling trend. The 30‑year mortgage rate has risen from 6.11% in January to a peak of 6.50% in June, stabilizing slightly at 6.46% in July, while the 15‑year rate follows a similar upward path. Unemployment remains steady (U.S. ~4.3%, Utah 3.6%) and consumer sentiment is flat at 56.4, but recent statewide news reports sharp mortgage‑rate hikes—up to 6.51%—and a decline in pending sales, adding pressure on buyers. With rates climbing and inventory outpacing sales, Smithfield’s market is shifting from balanced toward a cooler, more buyer‑oriented environment. The market temperature is rated "cooling." Smithfield’s median home price is about 9% below the Utah median, with longer days on market and a near‑list sale‑to‑list ratio, signaling a more buyer‑friendly market than the state overall.

Question 13

What are the key highlights of the Smithfield housing market?

Accepted Answer

Key highlights of the Smithfield, Utah housing market include: Median closed price is $479,510, roughly 8.7% lower than the Utah median of $525,000.. Prices dropped 17.0% month‑over‑month, the steepest decline among recent local data.. Homes sit on the market an average of 75 days, 23.8% longer than the state average of 61 days.. Sale‑to‑list ratio remains high at 99.4%, indicating sellers are still achieving near‑asking prices despite the slowdown.. These insights are derived from recent MLS transaction data and local market analysis.

Question 14

What is the price range for homes in Smithfield, Utah?

Accepted Answer

Homes in Smithfield, Utah range from $299,900 to $2,400,000, with a median price of $479,510. The standard deviation is $275,741, indicating a wide spread of home values across neighborhoods. This range reflects the diversity of housing options available, from starter homes to luxury properties.

Question 15

What are the best schools in Smithfield, Utah?

Accepted Answer

Smithfield has 4 schools. The top-rated schools based on state performance scores include: Summit School (57.3% score), 678 students; Birch Creek School (55.5% score), 734 students. School ratings are based on Utah State Board of Education achievement and growth metrics. Explore all Smithfield schools and nearby homes for sale on Propaired.

Question 16

How do Smithfield schools compare to the state average?

Accepted Answer

Of the 4 schools in Smithfield, 0 (0%) are rated as high-performing and 2 have strong academics indicators. Families should research individual school ratings on our Smithfield schools page for detailed performance breakdowns.

Question 17

Are there STEM or specialty schools in Smithfield?

Accepted Answer

Yes, Smithfield has 2 schools with STEM excellence indicators, including Birch Creek School, Summit School. These schools demonstrate above-average performance in math, science, or both according to Utah state assessments.

Question 18

What is the internet quality in Smithfield, Utah?

Accepted Answer

Smithfield has an average broadband download speed of 2687 Mbps and 55% of homes have access to fiber internet. Top internet providers include Xfinity, Quantum Fiber, Utah Telecommunication Open Infrastructure Agency. This is above average for Utah, supporting remote work and streaming. Residents have an average of 10.2 provider options.

Question 19

Are single-family homes or condos a better investment in Smithfield?

Accepted Answer

In Smithfield, single-family homes have a median price of $532,000 (+0.4% YoY), while townhomes/condos are $324,900 (-12.2% YoY). SFRs sell in 37 days vs 20 days for condos. Single-family homes are appreciating faster. Both property types are available with AI-powered search on Propaired.

Question 20

What is the price per square foot in Smithfield?

Accepted Answer

The median price per square foot in Smithfield, Utah is $188. The average home size is 2,655 sqft. This metric helps compare value across neighborhoods and property types — a lower price per sqft may indicate better value, while higher prices often reflect premium locations or finishes.

Question 21

Is now a good time to buy a home in Smithfield, Utah?

Accepted Answer

The 30-year mortgage rate is currently 6.46% and Utah's unemployment rate is 3.6%, with Smithfield's market rated as "cooling." Prices are stabilizing at 15.8% year-over-year. Current conditions may favor buyers with more negotiating room. Market timing depends on your personal financial situation and goals.

Question 22

When is the best time to buy a home in Smithfield?

Accepted Answer

Historically, April offers the most new listings in Smithfield, giving buyers the widest selection. Spring (April–June) typically sees the most inventory while winter months often have less competition and potentially more motivated sellers. However, Utah's growing market means opportunities exist year-round. Set up alerts on Propaired to be notified when new listings match your criteria.

Question 23

Is Smithfield a safe place to live?

Accepted Answer

Smithfield has a safety rating of 9.0 out of 10 (10 = safest) based on 2024 BCI NIBRS data. The overall crime rate is 9.2 per 1,000 residents, which is 80% below the statewide average, making it very safe. The violent crime rate is 4.6 per 1,000 residents and the property crime rate is 3.4 per 1,000 residents. (Population: 15,093)

Question 24

What is the crime rate in Smithfield?

Accepted Answer

In 2024, Smithfield's total NIBRS crime rate was 9.2 offenses per 1,000 residents. This includes crimes against persons (4.6 per 1K), property crimes (3.4 per 1K), and crimes against society. For comparison, the statewide average is approximately 46.4 per 1,000 residents. Source: Bureau of Criminal Identification NIBRS report.

Market Overview

Key Metrics

Detailed Market Analysis

Advanced Metrics

Trend Charts

Price Distribution & Property Mix

Featured Homes in Smithfield

$299,900

$314,000

$365,000

$365,000

$399,900

$345,000

$584,000

$448,500

$419,900

$489,900

$515,900

$349,000

Deals & Lifestyle in Smithfield

$299,900

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$399,900

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$349,000

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$365,000

$365,000

$399,900

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$584,000

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$299,900

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$584,000

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$489,900

$515,900

$349,000

Highlights in Smithfield

$2,400,000

$1,750,000

$1,700,000

$1,645,000

$1,200,000

$399,990

$649,900

$500,000

$499,900

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$335,000

$680,835

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$680,835

$489,000