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North Smithfield, Rhode Island Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
0
Sold (12M)
1
Median Price
$692K
Market Condition
Very Hot Seller's Market

North Smithfield, Rhode Island Market Meter

Buyer'sSeller's
Very Hot Seller's Market

0.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$692K
Avg Price/Acre
$185K
Avg Days on Market
-
Months of Supply
0.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres---1
2-5 acres1111
5-10 acres-111
10-20 acres--11
20-50 acres--11
50-100 acres----
100+ acres----
TOTAL1245
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres0 sold / 1 listed
1-2 acres1 sold / 0 listed
2-5 acres1 sold / 0 listed
5-10 acres1 sold / 0 listed
10-20 acres1 sold / 0 listed
20-50 acres1 sold / 1 listed

Median Price by Acreage

$0$346K$692K
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$692K
Last 12 months
Active Listings
0
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year

North Smithfield, Rhode Island Land Market Analysis

How much is land worth in North Smithfield, Rhode Island?

The median price for land in North Smithfield, Rhode Island is currently $185K per acre. For a typical parcel, the median sale price is $692K. Recently, the cheapest land sold for $692K while premium lots reached $692K.

What is the total amount sold in North Smithfield, Rhode Island last year?

Over the past 12 months, North Smithfield, Rhode Island saw 1 properties sold, totaling $692K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the average price per acre in North Smithfield, Rhode Island?

Land in North Smithfield, Rhode Island averages $185K per acre. The median price per acre is $185K, which may be more representative of typical transactions. Most parcels sold are around 3.8 acres.

What is the absorption rate for land in North Smithfield, Rhode Island?

The 3-month absorption rate in North Smithfield, Rhode Island is 100.0%. The 12-month rate is 100.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in North Smithfield, Rhode Island?

The median land price in North Smithfield, Rhode Island stands at $692K. This translates to roughly $185K per acre for the typical parcel size.

Is now a good time to invest in land in North Smithfield, Rhode Island?

The current absorption rate in North Smithfield, Rhode Island is 100.0% (3-month basis), indicating strong demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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