Is Smithfield, NC 27577 a buyer’s or seller’s market?

The Smithfield housing market right now

In the three months ending August 31, 2026, 8% of homes in Smithfield, NC 27577 sold above their list price, the typical home went under contract in 76 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 165 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (72 days then) and the median sale price rose 2% to $329,437. Overall, Smithfield is less competitive than a year ago, which gives buyers more room.

Within Johnston County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 87%. On our competition score, Smithfield ranks #266 of 424 NC ZIP codes with enough sales (score 26 out of 100).

Nearby, buyers who want less competition could look at Micro 27555 (0% sold over asking), while Selma 27576 (19% sold over asking) and Kenly 27542 (16% sold over asking) are even more competitive.