Is North Smithfield, RI 02896 a buyer’s or seller’s market?
North Smithfield is a seller’s market. With about 2.1 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 79% of U.S. ZIP codes, and #40 of 52 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The North Smithfield housing market right now
In the three months ending August 31, 2026, 33% of homes in North Smithfield, RI 02896 sold above their list price, the typical home went under contract in 24 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 40 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 57%, homes sold more slowly (17 days then) and the median sale price fell 2% to $489,788. Overall, North Smithfield is less competitive than a year ago, which gives buyers more room.
Within Providence County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell less often over asking than in 91%. On our competition score, North Smithfield ranks #40 of 52 RI ZIP codes with enough sales (score 75 out of 100).
Nearby, buyers who want less competition could look at Foster 02825 (23% sold over asking) or Mapleville 02839 (25% sold over asking), while Clayville 02815 (100% sold over asking) and Glendale 02826 (100% sold over asking) are even more competitive.
Run the numbers for 02896
Nearby markets
Albion 02802 — /sq ftCentral Falls 02863Seller’s market $193 /sq ftChepachet 02814Seller’s market $298 /sq ftClayville 02815Seller’s market $489 /sq ft Browse all markets →Towns like North Smithfield nearby
Find towns like North Smithfield in other states →Where North Smithfield is
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Questions about North Smithfield real estate
Is North Smithfield a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in North Smithfield, RI 02896 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in North Smithfield?
The typical home went under contract in 24 days in the latest three months.
Do homes in North Smithfield sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 100.2% of the list price.
What are property taxes in North Smithfield?
About 1.25% of a home’s value a year in Providence County, or roughly $5,000 on a $400,000 home.
What is the median home price in North Smithfield?
The median sale price was $489,788 in the three months ending August 31, 2026, about $295 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology