Home Values

North Smithfield Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$250,700

  • 8.9% 1-year change
  • 2.9% 1-year forecast

The median home value in North Smithfield is $250,700. North Smithfield home values have gone up 8.9% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in North Smithfield is $151, which is lower than the Providence Metro average of $174. The median price of homes currently listed in North Smithfield is $265,000 while the median price of homes that sold is $199,000. The median rent price in North Smithfield is $1,100, which is lower than the Providence Metro median of $1,295.

Foreclosures will be a factor impacting home values in the next several years. In North Smithfield 12.5 homes are foreclosed (per 10,000). This is greater than the Providence Metro value of 3.3 and also greater than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in North Smithfield is 6.5%, which is higher than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of North Smithfield homeowners underwater on their mortgage is 13.8%, which is lower than Providence Metro at 18.0%.

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Relative ZHVI
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North Smithfield Market Overview

Data through Nov 30, 2014
  • $250,700 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $265,000 Median listing price
  • No recent data Median sale price
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North Smithfield Market Health

Data through Nov 30, 2014
  • 5.2/10 Stable
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 13.8% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 6.5% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

12.5 homes(Oct 31, 2014) North Smithfield
3.3 homes Providence Metro
4.2 homes United States
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Nearby Cities

Name Median ZHVI
Mendon $369,900
Town of Bellingham $268,100
Uxbridge $255,300
Name Median ZHVI
Lincoln $246,200
Greenville $244,700
Millville $239,600
Name Median ZHVI
Smithfield $236,000
Blackstone $234,700
Woonsocket $148,300

Listings & Sales

Data through Nov 30, 2014
  • $151 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
52.1%
Sold below listing
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North Smithfield Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,585 North Smithfield
    $1,518 Providence Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,100 Rent list price
  • No data Rent list price / sq ft
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