$64,000
0.18 Acres
Land
Danielle Becker, Listing Office: Skout Real Estate
Is Smithville, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Smithville has remained a Buyer's Market.
Key Takeaway
Smithville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Smithville, TX
How much do homes in Smithville, TX cost?
Median Sold Price
$350,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+7.7%)
Key Takeaway
Homes in Smithville have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Smithville was $350,000 in November 2024, up 7.7% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $319.9K | $295K | -7.8% |
| 2 Bedrooms | $278K | $211K | -24.1% |
| 3 Bedrooms | $330K | $365K | +10.6% |
| 4 Bedrooms | $330.5K | $512.5K | +55.1% |
| 5+ Bedrooms | $575K | $305K | -47.0% |
Summary: Smithville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.8%, 2 bedroom homes decreased by 24.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 55.1%, and 5+ bedroom homes decreased by 47%.
Housing Supply in Smithville, TX
How many homes are available in Smithville, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 49 | -7.5% |
Summary: The Smithville real estate market had 49 homes for sale in November 2024, a 7.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 27 | 25 | -7.4% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Smithville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 5 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Smithville, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Smithville in November 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Smithville, TX
How long does it take to sell a home in Smithville, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 43 Days | 108 Days | +153.0% |
Summary: Homes in Smithville had an average of 108 days on market in Nov 2024, up by 153% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Smithville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in Smithville; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
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Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.
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