Smithville, TN—37166
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smithville, TN
Smithville, TN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $276,000 | -1.4% |
| Single Family | $276,000 | -1.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $226,000 | 1.8% |
3 Bed | $297,000 | -0.3% |
4 Bed | $430,000 | -0.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Smithville, TN
As of July '25, Rentcast reports the average rent in Smithville, TN is $2,830, with a year-over-year rent change of 83.8%. Per bedroom, the median rent as of July '25 in Smithville, TN is 3-bedrooms: $2,140, 4-bedrooms: $3,900. The most common rental property sizes in Smithville, TN are 3-bedroom and 2-bedroom, accounting for 39.2% and 36.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,850 | $2,830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $2,140 |
| 4 Bed Rent | $3,900 | $3,900 |
% of Rental Stock
Property Listings — Smithville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Smithville, TN is 80. This is a increase of 26.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $391,000 | 7.0% |
Listing Count | 153 | 24.0% |
| Listings as % of Homes | 1.3% | 24.0% |
Days on Market | 80 | 26.0% |
Demographics — Smithville, TN
As of the latest ACS Survey released in 2023, Smithville, TN has a population of 15,100, which has increased by 5.3% over the past 5 years. Smithville, TN is a moderately popular place for families, as children make up 22.8% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,100 | 5.3% |
% Under 18 | 22.8% | 6.0% |
% Seniors | 17.6% | 11.4% |
% WFH | 6.6% | 112.9% |
% w/ College Degree | 18.2% | 23.8% |
As of the latest ACS Survey released in 2023, Smithville, TN is a predominantly white area, with 84.4% of the population identifying as white. The white population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Smithville, TN is hispanic, making up 10.0% of the population. Foreign-born residents account for 6.0% of the population in Smithville, TN, and this percentage has decreased by 25.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.4% | -1.3% |
% Black | 1.8% | 80.0% |
% Hispanic | 10.0% | -2.9% |
% Asian | 1.0% | -23.1% |
% Foreign Born | 6.0% | -25.0% |
Mortgage and Risk — Smithville, TN
According to HUD data as of 2023, there were 427 mortgage originations in Smithville, TN, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Smithville, TN. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 427 |
% Conventional Loans | 71.0% |
% Government Loans | 29.0% |
% Investor Loans | 4.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Smithville, TN
Smithville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 224 |
Total Units Section 8 | 75 |
% Rentals under Section 8 | 3.5% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,300 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | $440 | $1,400 | $1,840 |
| 4 Bedroom | -$1,660 | $3,900 | $2,240 |
Affordability — Smithville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $276,000 |
| Median Household Income | $46,700 |