Property prices for sale in North Smithfield (Rhode Island)

The prices in real estate in North Smithfield, in the Rhode Island region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$494,680.83
Average price last 6 months
$325.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in North Smithfield has increased during the last 6 months. In September, the average price per sq.feet was $296. In October this price pretty much remained the same at a value of $301 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $298.5 to $303 per sq.feet. The price per sq.feet has had a considerable increase of 125 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $300.75 to $375 during January, and February.

Average price

Based upon to the price in North Smithfield (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is $508,665. In October This price remains at $501,143. During the following two months (November, December) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $580,508 they are 54 % more affordable than the average price for North Smithfield. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $403,538.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $169 / sq.feet, with an average $474 / sq.feet price in North Smithfield. The properties with the lowest average prices have 1 bedroom. They are 51 % cheaper than the average followed by properties with 3 bedrooms with a price at $195 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $580,508 it is 53 % cheaper than the average price in North Smithfield. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $343,152 it is 17 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $86 / sq.feet followed by "Condo" priced at $103 / sq.feet. "Apartment" is the cheapest type of property with a $180 / sq.feet value followed by "House" with an average price of $170 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in North Smithfield
Number of properties used in region Rhode Island
$580,508
$474
830
84,172
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value