City:

Smithfield, VA

Smithfield is a city in the state of virginia with a population of roughly 17,245. It is in Isle of Wight County, Virginia the Virginia Beach-Norfolk-Newport News, VA-NC core-based statistical areas (CBSA), and the Virginia Beach-Norfolk, VA-NC combined statistical area (CSA).Its Zip codes include 23430 .

Analysis of Home Price Trends in Smithfield, VA

Real estate in Smithfield, VA is a hot commodity. With a population of over 23,000 people, Smithfield offers plenty of opportunity for homebuyers and sellers alike. The city is situated in Henrico County, just minutes from Richmond and the surrounding areas.

The real estate market in Smithfield has seen steady growth over the past few years. In 2016, there were 1,812 homes sold in the city; this number increased by 5% in 2017 and reached 2,012 sales. This trend is likely to continue as more and more people are drawn to Smithfield’s many amenities – including its close proximity to major cities like Richmond and Charlottesville – and its affordable prices.

One of the most important factors when buying or selling a home in Smithfield is location. The city is situated within easy reach of both Richmond and Charlottesville; both cities have a large population that can support robust real estate markets. Additionally, Henrico County has a number of excellent schools that are sure to please parents looking for quality education for their children.

If you’re interested in buying or selling property in Smithfield, contact one of our experienced real estate agents today!

Price Index: Virginia Beach-Norfolk-Newport News, VA-NC

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