Is Smithville, MO 64089 a buyer’s or seller’s market?
Smithville is a seller’s market. With about 2.1 months of supply and 29% 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.
More competitive than 74% of U.S. ZIP codes, and #105 of 263 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, 29% of homes in Smithville, MO 64089 sold above their list price, the typical home went under contract in 17 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 77 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (22 days then) and the median sale price rose 2% to $419,818. Overall, Smithville is more competitive than a year ago, so tougher for buyers.
Within Clay County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Smithville ranks #105 of 263 MO ZIP codes with enough sales (score 70 out of 100).
Nearby, buyers who want less competition could look at Missouri City 64072 (0% sold over asking) or Holt 64048 (23% sold over asking), while Kansas City 64161 (100% sold over asking) and Kansas City 64118 (44% sold over asking) are even more competitive.
Run the numbers for 64089
Nearby markets
Excelsior Springs 64024Seller’s market $177 /sq ftHolt 64048Seller’s market $255 /sq ftKansas City 64116Seller’s market $194 /sq ftKansas City 64117Seller’s market $164 /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 2.1 months of supply in Smithville, MO 64089 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 17 days in the latest three months.
Do homes in Smithville sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Smithville?
About 1.07% of a home’s value a year in Clay County, or roughly $4,280 on a $400,000 home.
What is the median home price in Smithville?
The median sale price was $419,818 in the three months ending August 31, 2026, about $196 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