Is Smithfield, UT 84335 a buyer’s or seller’s market?

The Smithfield housing market right now

In the three months ending August 31, 2026, 13% of homes in Smithfield, UT 84335 sold above their list price, the typical home went under contract in 58 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 58 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold faster (66 days then) and the median sale price rose 8% to $511,779. Overall, Smithfield is about as competitive as it was a year ago.

Within Cache County, homes here sell more slowly than in 73% of the county’s ZIP codes, and sell less often over asking than in 53%. On our competition score, Smithfield ranks #76 of 110 UT ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at Trenton 84338 (0% sold over asking) or Newton 84327 (0% sold over asking), while Clarkston 84305 (25% sold over asking) and Hyde Park 84318 (25% sold over asking) are even more competitive.