Smithville Market Pulse: Prices Hold Steady in Rolling Six Months

Smithville's median home price held steady at $320,000 over the rolling six months ending September 30, 2026, matching the prior period and rising just 1.3% compared to the same window last year. This stability comes as sales volume increased significantly, with 52 closed transactions compared to 37 in the previous six-month window. The market has become more competitive for sellers, as evidenced by a rise in the median days on market to 80 days, up 1.3% from the prior period and a sharp 73.9% increase year-over-year. While homes are taking longer to sell, the price-to-list ratio improved slightly to 92.3%, indicating that buyers are closing closer to original asking prices than in the previous six months. Price per square foot also saw movement, climbing 7.7% from the prior period to $209, though this remains 3.2% below the same period last year when it stood at $216. The current mortgage rate of 7.32%, sourced from Freddie Mac for the week of October 22, 2026, continues to influence buyer behavior and transaction timelines. ALEX Intelligence analyzed these figures to provide a clear view of the local market dynamics. With 52 closed sales in the last six months, the data supports a stable but slower-moving market where inventory levels are adjusting to current demand conditions. 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