Market Overview
Home Prices in Smithville, OK
The median home value in Smithville, OK is $202,057 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.1% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Smithville are priced51% below average.
Over the past five years, Smithville home values have risen by approximately25.0%, reflecting strong long-term appreciation in this market.
Price History
Smithville Home Price Trend
2020
$122,787
$123K
—
2021
$161,688
$162K
+31.7%
2022
$201,923
$202K
+24.9%
2023
$196,500
$197K
-2.7%
2024
$195,456
$195K
-0.5%
2025
$194,104
$194K
-0.7%
2026
$202,057
$202K
+4.1%
City Comparison
Smithville vs. National Median
🏠 Smithville
$202,057
National Median
$410,000
At $202,057, homes in Smithville cost 51% below the national median of $410,000. This makes Smithville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Smithville?
20% Down Payment
$40,411
on $202,057
Monthly P&I
$1,054/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,339/mo
incl. taxes & insurance
Income Needed
$53,560
gross annual (30% rule)
10% Down Option
$20,206
+ PMI applies
Loan Amount (20% dn)
$161,646
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 Smithville, OK?
The median home value in Smithville is $202,057 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.1% year-over-year.
How much have home prices changed in Smithville?
Over the past year, home values in Smithville have increased by 4.1%. Over five years, prices have risen approximately 25.0%.
How much do I need to earn to buy a home in Smithville?
To comfortably afford the median home price of $202,057 with a 20% down payment ($40,411) at today's rates (6.8%), you'd need a gross annual income of approximately $53,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Smithville compare to the national average home price?
The national median home value is approximately $410,000. At $202,057, homes in Smithville are 51% below the national average.