Is Smith County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smith County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Smith County has remained a Seller's Market.

Key Takeaway

Smith County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Smith County, TX cost?

Median Sold Price

$299,425

$188/sqft

Based on all homes sold in December 2021.

Difference Since Last Month

-$12,110(-3.9%)

Key Takeaway

Homes in Smith County have sold for 3.9% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Dec 2021%
1 --
N/A
2 --
N/A
3 $252.7K$299.4K
+18.5%
4 $525K$781.4K
+48.8%
5+ --
N/A

How many homes are available in Smith County, TX?

Number of Homes For Sale

Nov 2021Dec 2021%
251213-15.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 44
0.0%
2 1617
+6.3%
3 11089
-19.1%
4 9880
-18.4%
5+ 2323
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
7645-40.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Smith County, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Dec 2021%
89 Days24 Days-73.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Smith County are selling fast, if you're buying plan to act quickly.

About Smith County, TX

Number of homes for sale in Smith County, TX real estate market have reached 213. Between November 2021 and December 2021, Smith County, TX real estate market has seen decrease in the number of listings by 15.1%. In December 2021 median list price was $299,425 and the average listing age was 24 days. Real estate listing prices changed between December 2020 and December 2021: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, 3 bedrooms properties prices increased by 18.5%, 4 bedrooms properties prices increased by 48.8%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 6.3%, 3 bedrooms homes inventory decreased by 19.1%, 4 bedrooms homes inventory decreased by 18.4%, 5 bedrooms homes did not move. While more than 3 listings in Smith County, TX in December 2021 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.

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