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Is Smithville, AR 72466 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Smithville is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$43▼ −50.9% vs. last year

The Smithville housing market right now

In the three months ending August 31, 2026, 0% of homes in Smithville, AR 72466 sold above their list price, the typical home went under contract in 17 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (74 days then) and the median sale price fell 47% to $84,863. Overall, Smithville is more competitive than a year ago, so tougher for buyers.

Within Lawrence County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Powhatan 72458 (100% sold over asking) and Walnut Ridge 72476 (11% sold over asking) are even more competitive.

Run the numbers for 72466

Prefilled for 72466Can I win this house?Multiple-offer likelihood for a listing Prefilled for 72466Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Alicia 72410 — /sq ftBlack Rock 72415Buyer’s market $67 /sq ftHoxie 72433Buyer’s market $37 /sq ftLynn 72440 — /sq ft Browse all markets →

Towns like Smithville nearby

Find towns like Smithville in other states →
Ravenden Springs, AR72460 · 16 miles away58% similarlower income ($34K less) · older residents Oxford, AR72565 · 37 miles away51% similarlower income ($26K less) · cheaper homes ($75K less) Weiner, AR72479 · 37 miles away51% similarcheaper homes ($76K less) · 12 min shorter commute Cave City, AR72521 · 18 miles away49% similarlarger · older residents

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 6.4 months of supply in Smithville, AR 72466 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?

0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.

What are property taxes in Smithville?

About 0.47% of a home’s value a year in Lawrence County, or roughly $1,880 on a $400,000 home.

What is the median home price in Smithville?

The median sale price was $84,863 in the three months ending August 31, 2026, about $43 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