Smithfield, PA—15478
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smithfield, PA
As of Oct '25, the median home price in Smithfield, PA is $168,000, with a year-over-year change of 0.5%. This indicates that home prices in Smithfield, PA are flat. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $168,000 | 0.5% |
| Single Family | $168,000 | 1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $124,000 | 0.0% |
3 Bed | $204,000 | 2.5% |
4 Bed | $237,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Smithfield, PA
Smithfield, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Smithfield, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Smithfield, PA is 87. This is a decrease of -40.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $152,000 | -42.0% |
Listing Count | 7 | 21.0% |
| Listings as % of Homes | 0.2% | 21.0% |
Days on Market | 87 | -40.0% |
Demographics — Smithfield, PA
As of the latest ACS Survey released in 2023, Smithfield, PA has a population of 5,680, which has decreased by -2.9% over the past 5 years. Smithfield, PA is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,680 | -2.9% |
% Under 18 | 17.9% | -9.1% |
% Seniors | 20.1% | 2.0% |
% WFH | 4.8% | 300.0% |
% w/ College Degree | 17.2% | 36.5% |
As of the latest ACS Survey released in 2023, Smithfield, PA is a predominantly white area, with 97.1% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Smithfield, PA is black, making up 0.4% of the population. Foreign-born residents account for 0.5% of the population in Smithfield, PA, and this percentage has increased by 150.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.1% | -0.3% |
% Black | 0.4% | ∞% |
% Hispanic | 0.2% | 100.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 0.5% | 150.0% |
Mortgage and Risk — Smithfield, PA
According to HUD data as of 2023, there were 23 mortgage originations in Smithfield, PA, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Smithfield, PA. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Smithfield, PA
Smithfield, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 66 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $890 |
| 2 Bedroom | N/A | N/A | $1,070 |
| 3 Bedroom | N/A | N/A | $1,360 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Smithfield, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $168,000 |
| Median Household Income | $71,300 |