Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 2 |
| 1-2 acres | - | 2 | 2 | 2 |
| 2-5 acres | - | - | 2 | 3 |
| 5-10 acres | - | - | - | 2 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 3 | 7 | 11 |
Acreage buckets
The median price for land in Smithfield, Rhode Island is currently $105K per acre. For a typical parcel, the median sale price is $265K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $377K.
Smithfield, Rhode Island is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Smithfield, Rhode Island currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Land in Smithfield, Rhode Island averages $115K per acre. The median price per acre is $105K, which may be more representative of typical transactions. Most parcels sold are around 2.2 acres.
Land in Smithfield, Rhode Island typically sells within 81 days of listing. The median time on market is 73 days. Properties are moving at a moderate pace in the current balanced market.
There are currently 6 active listings in Smithfield, Rhode Island. 3 new listings have hit the market in the last 90 days. The median asking price is $270K.
The current absorption rate in Smithfield, Rhode Island is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Alltown Real Estate Group.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Smithfield on LandyDandy.
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