Market Overview
Home Prices in Smithland, IA
The median home value in Smithland, IA is $173,525 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Smithland are priced58% below average. Smithland is part of the Sioux City, IA-NE-SD metro area.
Price History
Smithland Home Price Trend
2022
$157,608
$158K
—
2023
$157,892
$158K
+0.2%
2024
$170,212
$170K
+7.8%
2025
$159,211
$159K
-6.5%
2026
$173,525
$174K
+9.0%
City Comparison
Smithland vs. National Median
🏠 Smithland
$173,525
National Median
$410,000
At $173,525, homes in Smithland cost 58% below the national median of $410,000. This makes Smithland a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Smithland?
20% Down Payment
$34,705
on $173,525
Monthly P&I
$905/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,149/mo
incl. taxes & insurance
Income Needed
$45,960
gross annual (30% rule)
10% Down Option
$17,353
+ PMI applies
Loan Amount (20% dn)
$138,820
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Smithland, IA?
The median home value in Smithland is $173,525 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9% year-over-year.
How much have home prices changed in Smithland?
Over the past year, home values in Smithland have increased by 9%.
How much do I need to earn to buy a home in Smithland?
To comfortably afford the median home price of $173,525 with a 20% down payment ($34,705) at today's rates (6.8%), you'd need a gross annual income of approximately $45,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Smithland compare to the national average home price?
The national median home value is approximately $410,000. At $173,525, homes in Smithland are 58% below the national average.
What metro area is Smithland part of?
Smithland is part of the Sioux City, IA-NE-SD metropolitan area. Home prices and market conditions can vary across the broader metro region.