Is Smithville, TX 78957 a buyer’s or seller’s market?

The Smithville housing market right now

In the three months ending August 31, 2026, 14% of homes in Smithville, TX 78957 sold above their list price, the typical home went under contract in 115 days and there were 7.7 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 30 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (77 days then) and the median sale price fell 28% to $344,851. Overall, Smithville is less competitive than a year ago, which gives buyers more room.

Within Bastrop County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Smithville ranks #522 of 868 TX ZIP codes with enough sales (score 21 out of 100).

Nearby, buyers who want less competition could look at Rosanky 78953 (0% sold over asking) or Red Rock 78662 (0% sold over asking), while Paige 78659 (25% sold over asking) is even more competitive.