Home prices
Smithfield's median home price is $282,800. It is approximately $78,020 (38%) higher in comparison to its nearby areas.Compared to the US as a whole it is roughly $65,300 (30%) higher, and compared to the city of Virginia Beach is is very similar.
Rents
The median rent in Smithfield is $925 a month. This is about $287 (23%) lower compared to nearby areas.It is about $137 (12%) lower in comparison to the US as a whole, and in comparison to the city of Virginia Beach is roughly $442 (32%) lower.
Nearby places
Carrollton
Carrollton is roughly 5 miles southeast from Smithfield. Real estate prices there are fairly similar. Carrollton's median home value is $290,200, which is $7,400 (2%) higher than Smithfield. The rent there is somewhat more expensive. The median rent in Carrollton is $1,306 a month, which comes out to $381 (29%) higher than Smithfield.
Rushmere
Rushmere is roughly 8 miles north of Smithfield. Its housing prices are a bit less expensive. Rushmere's median home cost is $234,700, which is $48,100 (20%) lower than Smithfield. Rent there is somewhat more expensive. Rushmere's median monthly rent is $1,094, which works out to $169 (15%) higher than Smithfield.
Newport News
Newport News is roughly 10 miles northeast of Smithfield. Real estate prices there are substantially less expensive. The median home in Newport News is valued at $194,000, which is $88,800 (45%) lower than Smithfield. The rent there is a bit more expensive. In Newport News the median rent is $1,057 a month, which works out to $132 (12%) higher than Smithfield.
Bethel Manor
Bethel Manor is approximately 12 miles northeast from Smithfield. Its real estate prices are significantly less expensive. Bethel Manor's median home price is $132,400, which is $150,400 (113%) lower than Smithfield. The rent there is substantially more expensive. The median rent in Bethel Manor is $1,699 per month, which is $774 (45%) higher than Smithfield.
Windsor
Windsor is about 13 miles southwest of Smithfield. Real estate prices there are substantially less expensive. Windsor's median home cost is $172,600, which works out to $110,200 (63%) lower than Smithfield. Its rents are similar. In Windsor the median monthly rent is $903, which comes out to $22 (2%) lower than Smithfield.