Is Smithville, OH 44677 a buyer’s or seller’s market?
Smithville is a seller’s market. With about 0.6 months of supply and 80% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Smithville housing market right now
In the three months ending August 31, 2026, 80% of homes in Smithville, OH 44677 sold above their list price, the typical home went under contract in 15 days and there were 0.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 57%, homes sold faster (35 days then) and the median sale price fell 12% to $254,890. Overall, Smithville is more competitive than a year ago, so tougher for buyers.
Within Wayne County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Burbank 44214 (0% sold over asking) or Apple Creek 44606 (25% sold over asking).
Run the numbers for 44677
Nearby markets
Apple Creek 44606Seller’s market $177 /sq ftBurbank 44214Balanced $316 /sq ftCreston 44217Seller’s market $186 /sq ftDalton 44618Seller’s market $212 /sq ft Browse all markets →Towns like Smithville nearby
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Questions about Smithville real estate
Is Smithville a buyer’s or seller’s market?
A seller’s market: there were 0.6 months of supply in Smithville, OH 44677 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 15 days in the latest three months.
Do homes in Smithville sell over asking?
80% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.
What are property taxes in Smithville?
About 1.17% of a home’s value a year in Wayne County, or roughly $4,680 on a $400,000 home.
What is the median home price in Smithville?
The median sale price was $254,890 in the three months ending August 31, 2026, about $247 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