Why Live in Smithfield
Smithfield, VA, located across the James River from Newport News, is a former Colonial seaport known for its small-town charm. The town's largest employer is Smithfield Foods, Inc., with additional government jobs available in nearby Newport News Shipyard and Naval Station Norfolk. Housing options in Smithfield range from late-1800s Victorians and ranch-style homes to colonial revivals and modern traditional styles. Waterfront properties with private boat docks are also available. Students attend Isle of Wight County Schools, which have high ratings. Commuters can use the Hampton Roads Transit Park and Ride on Main Street or drive via Highway 258 and Highway 17 to reach Portsmouth and Newport News. Smithfield's historic downtown features restored storefronts with local eateries like Wharf Hill Brewing Company and Smithfield Ice Cream Parlor, as well as shops such as Hamtown Mercantile. Windsor Castle Park, the town's largest attraction, offers over 4 miles of trails, a fishing pier, kayak launch, and hosts popular festivals like the Wine & Brew Fest and Bacon, Bourbon & Music Fest. Other attractions include the Isle of Wight County Museum, Luter Family YMCA, Smithfield Little Theatre, and Cypress Creek Golfers’ Club. Overall crime rates in Smithfield are slightly below state and national averages. Flooding can be a concern for homes near waterways, with flood maps available for residents.
Home Trends in Smithfield, VA
On average, homes in Smithfield, VA sell after 57 days on the market compared to the national average of 70 days. The median sale price for homes in Smithfield, VA over the last 12 months is $487,328, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$487,328
Median Single Family Sale Price
$661,995
Median Townhouse Sale Price
$352,400
Median 2 Bedroom Sale Price
$359,900
Average Price Per Sq Ft
$216
Number of Homes for Sale
17
Last 12 months Home Sales
109
Median List Price
$487,328
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%