Market Overview
Home Prices in Smith, NV
The median home value in Smith, NV is $619,424 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Smith are priced51% above average. Smith is part of the Fernley, NV metro area.
Over the past five years, Smith home values have risen by approximately16.9%, reflecting steady appreciation in this market.
Price History
Smith Home Price Trend
2020
$434,613
$435K
—
2021
$529,684
$530K
+21.9%
2022
$606,500
$607K
+14.5%
2023
$534,038
$534K
-11.9%
2024
$569,987
$570K
+6.7%
2025
$593,048
$593K
+4.0%
2026
$619,424
$619K
+4.4%
City Comparison
Smith vs. National Median
🏠 Smith
$619,424
National Median
$410,000
At $619,424, homes in Smith cost 51% above the national median of $410,000. Buyers in Smith should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Smith?
20% Down Payment
$123,885
on $619,424
Monthly P&I
$3,231/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,103/mo
incl. taxes & insurance
Income Needed
$164,120
gross annual (30% rule)
10% Down Option
$61,942
+ PMI applies
Loan Amount (20% dn)
$495,539
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 Smith, NV?
The median home value in Smith is $619,424 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Smith?
Over the past year, home values in Smith have increased by 4.4%. Over five years, prices have risen approximately 16.9%.
How much do I need to earn to buy a home in Smith?
To comfortably afford the median home price of $619,424 with a 20% down payment ($123,885) at today's rates (6.8%), you'd need a gross annual income of approximately $164,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Smith compare to the national average home price?
The national median home value is approximately $410,000. At $619,424, homes in Smith are 51% above the national average.
What metro area is Smith part of?
Smith is part of the Fernley, NV metropolitan area. Home prices and market conditions can vary across the broader metro region.