Market Overview
Home Prices in Smithville, TX
The median home value in Smithville, TX is $347,090 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.7% compared to a year ago and down 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Smithville are priced15% below average. Smithville is part of the Austin-Round Rock-Georgetown, TX metro area.
Over the past five years, Smithville home values have risen by approximately6.1%, reflecting steady appreciation in this market.
Price History
Smithville Home Price Trend
City Comparison
Smithville vs. National Median
At $347,090, homes in Smithville cost 15% 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
$69,418
on $347,090
Monthly P&I
$1,810/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,299/mo
incl. taxes & insurance
Income Needed
$91,960
gross annual (30% rule)
10% Down Option
$34,709
+ PMI applies
Loan Amount (20% dn)
$277,672
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, TX?
The median home value in Smithville is $347,090 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.7% year-over-year.
How much have home prices changed in Smithville?
Over the past year, home values in Smithville have decreased by 3.7%. Over five years, prices have risen approximately 6.1%.
How much do I need to earn to buy a home in Smithville?
To comfortably afford the median home price of $347,090 with a 20% down payment ($69,418) at today's rates (6.8%), you'd need a gross annual income of approximately $91,960. 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 $347,090, homes in Smithville are 15% below the national average.
What metro area is Smithville part of?
Smithville is part of the Austin-Round Rock-Georgetown, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.