Is Smithville, TN 37166 a buyer’s or seller’s market?
Smithville is a buyer’s market. With about 6.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 6% of U.S. ZIP codes, and #275 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Smithville housing market right now
In the three months ending August 31, 2026, 8% of homes in Smithville, TN 37166 sold above their list price, the typical home went under contract in 71 days and there were 6.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 78 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold more slowly (64 days then) and the median sale price rose 9% to $319,812. Overall, Smithville is about as competitive as it was a year ago.
On our competition score, Smithville ranks #275 of 299 TN ZIP codes with enough sales (score 12 out of 100).
Nearby, buyers who want less competition could look at Liberty 37095 (0% sold over asking) or Dowelltown 37059 (0% sold over asking), while Alexandria 37012 (14% sold over asking) is even more competitive.
Run the numbers for 37166
Nearby markets
Alexandria 37012Seller’s market $204 /sq ftDowelltown 37059Buyer’s market $144 /sq ftLiberty 37095Buyer’s market $212 /sq ft Browse all markets →Towns like Smithville nearby
Find towns like Smithville in other states →Where Smithville is
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Questions about Smithville real estate
Is Smithville a buyer’s or seller’s market?
A buyer’s market: there were 6.5 months of supply in Smithville, TN 37166 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Smithville?
The typical home went under contract in 71 days in the latest three months.
Do homes in Smithville sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Smithville?
About 0.35% of a home’s value a year in DeKalb County, or roughly $1,400 on a $400,000 home.
What is the median home price in Smithville?
The median sale price was $319,812 in the three months ending August 31, 2026, about $209 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology