Market Overview
Home Prices in Smithland, KY
The median home value in Smithland, KY is $92,295 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 13.9% compared to a year ago and up 4.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Smithland are priced77% below average. Smithland is part of the Paducah, KY-IL metro area.
Over the past five years, Smithland home values have fallen by approximately11.9%, reflecting softening conditions in this market.
Price History
Smithland Home Price Trend
City Comparison
Smithland vs. National Median
At $92,295, homes in Smithland cost 77% 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
$18,459
on $92,295
Monthly P&I
$481/mo
30-yr @ 6.8%
Total Monthly Est.
~$611/mo
incl. taxes & insurance
Income Needed
$24,440
gross annual (30% rule)
10% Down Option
$9,230
+ PMI applies
Loan Amount (20% dn)
$73,836
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, KY?
The median home value in Smithland is $92,295 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 13.9% year-over-year.
How much have home prices changed in Smithland?
Over the past year, home values in Smithland have decreased by 13.9%. Over five years, prices have fallen approximately 11.9%.
How much do I need to earn to buy a home in Smithland?
To comfortably afford the median home price of $92,295 with a 20% down payment ($18,459) at today's rates (6.8%), you'd need a gross annual income of approximately $24,440. 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 $92,295, homes in Smithland are 77% below the national average.
What metro area is Smithland part of?
Smithland is part of the Paducah, KY-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.