Much like its nearby areas, it is a bit more expensive compared to the rest of the country. Compared to the city of Salt Lake City however, it is a bit less expensive.
Home prices
Smithfield's median home price is $237,100. It is about $6,940 (2%) lower compared to nearby areas.Compared to the nation as a whole it is approximately $19,600 (9%) higher, and in comparison to the city of Salt Lake City it is about $77,400 (24%) lower.
Rents
In Smithfield the median rent is $905 per month. In comparison to nearby areas this is approximately $74 (8%) higher.It is roughly $157 (14%) lower compared to the US as a whole, and is roughly $80 (8%) lower in comparison to the city of Salt Lake City.
Nearby places
Hyde Park
Hyde Park is approximately 2 miles south from Smithfield. The real estate prices there are somewhat more expensive. The median home in Hyde Park is valued at $282,400, which comes out to $45,300 (16%) higher than Smithfield. Its rents are a bit less expensive. Hyde Park's median rent is $827 a month, which is $78 (9%) lower than Smithfield.
Amalga
Amalga is approximately 3 miles northwest of Smithfield. Its housing prices are a little more expensive. The median home in Amalga costs $252,300, which is $15,200 (6%) higher than Smithfield. Its rents are significantly less expensive. In Amalga the median monthly rent is $675, which works out to $230 (34%) lower than Smithfield.
North Logan
North Logan is roughly 3 miles south from Smithfield. Its real estate prices are a little more expensive. The cost of the median home in North Logan is $274,900, which works out to $37,800 (13%) higher than Smithfield. Rents there are a little more expensive. In North Logan the median monthly rent is $1,092, which works out to $187 (17%) higher than Smithfield.
Richmond
Richmond is roughly 5 miles north of Smithfield. Its housing prices are a little less expensive. The median home in Richmond is valued at $212,100, which works out to $25,000 (11%) lower than Smithfield. Rent there is a little less expensive. Richmond's median rent is $797 per month, which comes out to $108 (13%) lower than Smithfield.
Logan
Logan is roughly 6 miles south from Smithfield. Its real estate prices are a little less expensive. The price of the median home in Logan is $198,500, which comes out to $38,600 (19%) lower than Smithfield. Rents there are somewhat less expensive. The median monthly rent in Logan is $764, which works out to $141 (18%) lower than Smithfield.