The median home value in Smithfield, VA is $464,775.
This is
higher than
the county median home value of $215,000.
The national median home value is $308,980.
The average price of homes sold in Smithfield, VA is $464,775.
Approximately 70% of Smithfield homes are owned,
compared to 25% rented, while
5% are vacant.
Smithfield real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Smithfield real estate agent to arrange a tour today!
Learn more about Smithfield.
The Newport Development Service District is a strategic growth area planned for future residential, commercial and industrial development. It is the fastest growing area in Isle of Wight County. There are over 3,400 households in the DSD and that number could double if all the approved housing units are built. Traffic Counts (2019): Average Vehicles Per Day: Route 17 = (29,000) | Route 10/32/258 = (25,000) | Route 10 = (25,000). In Close Proximity to: Smithfield = (1 mile), Northern Suffolk = (1 mile), Newport News = (5 miles), Hampton = (6 miles). The area's central location and easy commute to the rest of the Hampton Roads region allows it to pull from a regional workforce of over 816,000 people. Easy access to the region's transportation network, including Route 17 and Interstates 64 & 664 (10 miles). The following information is from Isle of Wight economic development flyer about approved residential and mixed use pipeline projects, December 2022.
PRIME COMMERCIAL/INDUSTRIAL PROPERTY. 2.13 ACRES ZONED L-1 LIGHT INDUSTRIAL. EXCELLENT ROAD FRONTAGE (725 FT.) ON 4 LANE DIVIDED HWY. LOCATED NEAR ROUTE 17/ INTERSTATE 64 CORRIDOR. EASY ACCESS TO ALL OF HAMPTON ROADS & VIRGINIA PORTS. ISLE OF WIGHT INDUSTRIAL PARK OR IWIP. SITE LAYOUT AND ELEVATIONS ATTAHCED, ALSO SHOWS IN PICTURES. THE PROPERTY IS IN THE HIGHWAY CORRIDOR OVERLAY AND HAS BEEN RECENTLY ZONED NEWPORT DEVELOPMENT SERVICES OVERLAY. ZONED L-1 (LIGHT INDUSTRIAL). THIS IS THE LAST LOT AVAILABLE FOR BUIDING. PLANS IN PLACE AND FULLY APPROVED. ALL FLEX SPACE. HAVE YOUR BUSINESS IN ONE SPACE, RENT THE REST OR RENT IT ALL. UNLIMITED OPPORTUNITY. CALL FOR MORE DETAILS.
Turnkey Skating Rink business just waiting for its new owners! Smithfield's very own skating rink has been serving the public since 1998 and is one of the best entertainment centers in the area. Beautiful maple floors, arcade area, food service/kitchen area, party rooms and lots of storage. Conveniently located, this place stays busy. Fully functional batting cages are on site. Lots of parking and well lit. This property has multiple uses. This is a very popular business for parties, groups and other fun events!