Smithfield, NC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Smithfield short-term rental market based on reliable data.

Listings

22 / 47

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$29,987

Middle-Earners Revenue

Occupancy

78%

Middle-Earners Occupancy

Home Value

$290,117

Median Home Sale Price

Top Earners

$43,045

Top-Earners Revenue

Smithfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Smithfield.

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A

Very Investor friendly

Smithfield Regulations

STRs are allowed citywide with no city permits or caps, and the state’s 4.75% sales tax can be collected by platforms, keeping compliance simple and inexpensive; the lack of city-level restrictions and supportive tone make the environment very investor-friendly.

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About Smithfield

Smithfield is a town in and the county seat of Johnston County, North Carolina, United States. As of the 2010 census, its population was 10,966, and in 2019 the estimated population was 12,985. Smithfield is home to the Ava Gardner Museum and is situated along the Neuse River, where visitors enjoy the annual Smithfield Ham and Yam Festival, walks along the Buffalo Creek Greenway, and the historic downtown district. The town is located near North Carolina's Research Triangle and is about 30 miles (48 km) southeast of downtown Raleigh. The Raleigh-Durham-Cary combined statistical area has a population over 2 million residents.

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