Smithfield, KY housing market
The typical Smithfield home is worth about $380,000, up 6.9% in a year, 63% above the Kentucky typical home.
Home values, sales, trends and how Smithfield compares with the towns next door — updated as new data is published.
Smithfield at a glance
Typical home value, 2016–2026
Show as a table
| January | Smithfield | Kentucky |
|---|---|---|
| 2017 | $191,000 | $131,000 |
| 2018 | $203,000 | $138,000 |
| 2019 | $211,000 | $146,000 |
| 2020 | $224,000 | $155,000 |
| 2021 | $258,000 | $173,000 |
| 2022 | $293,000 | $191,000 |
| 2023 | $317,000 | $207,000 |
| 2024 | $330,000 | $216,000 |
| 2025 | $349,000 | $229,000 |
| 2026 | $366,000 | $233,000 |
| August 2026 | $380,000 | $233,000 |
A two-bedroom rents for about $1,300
HUD's Fair Market Rent for a two-bedroom in Smithfield is $1,300 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $1,000 · 4 bedrooms $1,930
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (40068; Louisville, KY-IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.