Smithville Market Recap: Sales Up, Prices Steady in Six Months

Smithville saw 55 closed sales in the rolling six months ending October 2026, a notable increase from the 37 closings in the prior six-month window. The median sale price settled at $315,000, which is 3.2% higher than the same period last year but down slightly by 1.0% compared to the immediately preceding six months. ALEX Intelligence analyzed the market dynamics using a rolling six-month comparison to smooth out seasonal volatility. While the median price per square foot rose 11.6% from the prior period to $203, homes are taking longer to sell. The median days on market stretched to 100 days, up 85.2% from the same window last year when it was just 54 days. Buyers and sellers should note that 83.6% of closed sales sold below their original list price, a slight improvement in negotiation leverage compared to the prior period where 86.5% sold under asking. The median close-to-original list ratio improved to 93.7%, up from 88.7% previously. Inventory remains a factor with 70 active listings and an estimated 7.64 months of supply, indicating a buyer-favorable environment. New construction accounted for 7 of the 55 closings in this period. The data reflects a market where volume is recovering, but pricing power has softened as homes sit longer before closing. 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