Smithfield borough in Pennsylvania has a median housing value of $145,400, which is significantly lower than the US House Median Value of $338,100. Despite the lower value, residents of Smithfield have seen strong appreciation in their homes over the past year with an appreciation rate of 7.43%. This is slightly below the US 1 year house appreciation rate of 8.27%, but still represents a healthy growth for homeowners in Smithfield.
The median home cost in Smithfield is $145,400. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Smithfield is up 11.0%.
Average Age of Homes
- The median age of Smithfield real estate is 65 years old
The Rental Market in Smithfield
- Renters make up 31.4% of the Smithfield population
- 4.3% of houses and apartments in Smithfield, 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.