Smithville Market Heat Score: What the Data Says

How hot is the Smithville real estate market right now? ALEX Intelligence calculated a Market Heat Score based on four key factors: median days on market, the ratio of final sale price to original list price, current inventory levels, and the frequency of price cuts. The analysis relies on 52 closed sales over the last six months ending September 30, 2026. The data reflects a market that has slowed significantly compared to a year ago. Median days on market rose 73.9% year-over-year to 80 days, indicating homes are staying listed much longer. Simultaneously, the share of homes selling below original list price increased by 5.0% compared to last year, with 84.6% of recent sales closing under asking. Inventory has also shifted, with current months of inventory standing at 8.19, suggesting a distinct shift toward buyer leverage. While median prices held steady at $320,000, the pace of transactions and the time required to close deals have slowed. The ALEX Intelligence model assigns specific weights to these metrics to generate a single number that summarizes market velocity and pricing pressure. This score places Smithville in a slower-moving segment compared to regional benchmarks where the median days on market is 56 days. This analysis relies strictly on Unlock MLS closed sales data for 52 transactions over the rolling six-month window. It does not predict future price movements but quantifies current market conditions based on observed activity and pricing behavior. Want to see this home? Call or text George at 713.918.9951 for a private showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog