Is Smithfield, OH 43948 a buyer’s or seller’s market?
Smithfield is a seller’s market. With about 1.6 months of supply and 50% 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.
The Smithfield housing market right now
In the three months ending August 31, 2026, 50% of homes in Smithfield, OH 43948 sold above their list price, the typical home went under contract in 61 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
The median sale price was $152,434, or about $116 per square foot.
Within Jefferson County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 67%.
Nearby, buyers who want less competition could look at Rayland 43943 (0% sold over asking) or Mount Pleasant 43939 (0% sold over asking), while Bergholz 43908 (100% sold over asking) and Irondale 43932 (100% sold over asking) are even more competitive.
Run the numbers for 43948
Nearby markets
Adena 43901Seller’s market $114 /sq ftBergholz 43908Buyer’s market $201 /sq ftBloomingdale 43910Seller’s market $153 /sq ftBrilliant 43913Seller’s market $80 /sq ft Browse all markets →Where Smithfield is
Loading map…
Questions about Smithfield real estate
Is Smithfield a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Smithfield, OH 43948 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 Smithfield?
The typical home went under contract in 61 days in the latest three months.
Do homes in Smithfield sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 103.5% of the list price.
What are property taxes in Smithfield?
About 0.98% of a home’s value a year in Jefferson County, or roughly $3,920 on a $400,000 home.
What is the median home price in Smithfield?
The median sale price was $152,434 in the three months ending August 31, 2026, about $116 per square foot.
Local agents
See all agents in 43948 →No sponsored agents in 43948 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 43948
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology