Smithville vs. Bastrop and Region: How Prices Compare

Deal of the Week

407 Hill ST, Smithville TX 78957
Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $258,000 407 Hill ST, Smithville TX 78957 · MLS #9836504 Listed at $228,000, 2 bed, 1 bath, 1,036 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 7% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185871004/407-Hill-ST-Smithville-TX Lower-middle quartile: $258,000 to $320,000 504 Leah LN, Smithville TX 78957 · MLS #3505715 Listed at $275,000, 2 bed, 2 bath, 1,610 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 14% under the local price per sq ft. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182738330/504-Leah-LN-Smithville-TX Upper-middle quartile: $320,000 to $402,000 305 String Prairie WAY, Smithville TX 78957 · MLS #8647092 Listed at $344,872, 2 bed, 2 bath, 1,576 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; price reduced 3% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1170952822/305-String-Prairie-WAY-Smithville-TX Upper quartile: $402,000 and up 267 Corral RD, Smithville TX 78957 · MLS #6254226 Listed at $635,000, 3 bed, 2.5 bath, 2,471 sq ft. Listed 7% below the ALEX valuation; price reduced 2% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1182520827/267-Corral-RD-Smithville-TX

Key figures · Smithville · rolling 6 months ending Oct 31, 2026

Source: Unlock MLS, rolling 6 months ending Oct 31, 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

Market figures by town

How does Smithville stack up against its neighbors in Bastrop County and the wider region? A comparison of median prices reveals a distinct market position for this city. Over the rolling six months ending October 31, 2026, Smithville recorded 55 closed sales with a median price of $315,000. This figure sits below the Bastrop County median of $330,545 and significantly under the regional median of $397,974 across 2,243 transactions. ALEX Intelligence analyzed the pricing per square foot to understand value differences. Smithville homes sold at a median of $202.77 per square foot, which is higher than Bastrop County's $174.17 and slightly above the regional average of $197.59. This suggests that while the total entry price is lower in Smithville, the cost per unit of living space remains competitive relative to the broader area. Inventory dynamics also differ by location. The median days on market for Smithville stood at 100 days, compared to 97 days in Bastrop County and just 66 days across the region. This indicates that homes in Smithville generally take longer to sell than those in the wider Unlock MLS area, reflecting a slower turnover rate despite the lower price point. The data also highlights a divergence in home sizes. The median living area for closed sales in Smithville was 1,609 square feet, smaller than the regional median of 2,072 square feet and the Bastrop County median of 1,876 square feet. These metrics collectively define Smithville as a market offering more compact homes at a lower total cost, with a longer sales cycle compared to its neighbors. 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
George Arnold Alexander III, MPA
Partner, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC
Licensed Broker in TX, CO, NC, AL
[email protected] · +1 713.918.9951
TREC Information About Brokerage Services · TREC Consumer Protection Notice
Source data: Unlock MLS closed sales, rolling 6 months ending Oct 31, 2026, n=55
Cover photo: McCaskill Building Smithville Texas 2026 by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
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Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B  ·  George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov