Is Smithfield, WV 26437 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Smithfield is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list99.9%Share of sales, last 3 months
Median sale-to-list102.8%Sold price ÷ list price
Median days on market57Listing to accepted offer
Median price per sq ft$190

The Smithfield housing market right now

In the three months ending August 31, 2026, 100% of homes in Smithfield, WV 26437 sold above their list price and the typical home went under contract in 57 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (100% then), homes sold more slowly (42 days then) and the median sale price rose 202% to $256,889. Overall, Smithfield is less competitive than a year ago, which gives buyers more room.

Nearby, buyers who want less competition could look at Pine Grove 26419 (0% sold over asking) or New Martinsville 26155 (6% sold over asking).

Nearby markets

Burton 26562 — /sq ftNew Martinsville 26155Seller’s market $110 /sq ftPaden City 26159Seller’s market $93 /sq ftPine Grove 26419Buyer’s market $137 /sq ft Browse all markets →

Where Smithfield is

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Questions about Smithfield real estate

How fast do homes sell in Smithfield?

The typical home went under contract in 57 days in the latest three months.

Do homes in Smithfield sell over asking?

100% of homes sold above their original list price, and the typical sale closed at 102.8% of the list price.

What are property taxes in Smithfield?

About 0.67% of a home’s value a year in Wetzel County, or roughly $2,680 on a $400,000 home.

What is the median home price in Smithfield?

The median sale price was $256,889 in the three months ending August 31, 2026, about $190 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