Market Overview
Home Prices in Smithtown, NY
The median home value in Smithtown, NY is $819,674 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.2% compared to a year ago and up 5.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Smithtown are priced100% above average. Smithtown is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Price History
Smithtown Home Price Trend
2024
$723,680
$724K
—
2025
$764,758
$765K
+5.7%
2026
$819,674
$820K
+7.2%
City Comparison
Smithtown vs. National Median
🏠 Smithtown
$819,674
National Median
$410,000
At $819,674, homes in Smithtown cost 100% above the national median of $410,000. Buyers in Smithtown should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Smithtown?
20% Down Payment
$163,935
on $819,674
Monthly P&I
$4,275/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,429/mo
incl. taxes & insurance
Income Needed
$217,160
gross annual (30% rule)
10% Down Option
$81,967
+ PMI applies
Loan Amount (20% dn)
$655,739
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 Smithtown, NY?
The median home value in Smithtown is $819,674 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.2% year-over-year.
How much have home prices changed in Smithtown?
Over the past year, home values in Smithtown have increased by 7.2%.
How much do I need to earn to buy a home in Smithtown?
To comfortably afford the median home price of $819,674 with a 20% down payment ($163,935) at today's rates (6.8%), you'd need a gross annual income of approximately $217,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Smithtown compare to the national average home price?
The national median home value is approximately $410,000. At $819,674, homes in Smithtown are 100% above the national average.
What metro area is Smithtown part of?
Smithtown is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.