Smithtown, TN—37380
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smithtown, TN
As of Oct '25, the median home price in Smithtown, TN is $221,000, with a year-over-year change of 2.9%. This indicates that home prices in Smithtown, TN are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 2.9% |
| Single Family | $221,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $276,000 | 6.2% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Smithtown, TN
As of July '25, Rentcast reports the average rent in Smithtown, TN is $893, with a year-over-year rent change of 0.2%. Per bedroom, the median rent as of July '25 in Smithtown, TN is 1-bedrooms: $850, 2-bedrooms: $936. The most common rental property sizes in Smithtown, TN are 2-bedroom and 3-bedroom, accounting for 37.8% and 29.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $825 | $893 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $850 |
| 2 Bed Rent | $825 | $936 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Smithtown, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Smithtown, TN is 97. This is a increase of 30.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $276,000 | 5.0% |
Listing Count | 34 | 14.0% |
| Listings as % of Homes | 0.8% | 14.0% |
Days on Market | 97 | 30.0% |
Demographics — Smithtown, TN
As of the latest ACS Survey released in 2023, Smithtown, TN has a population of 6,600, which has increased by 3.2% over the past 5 years. Smithtown, TN is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 10.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,600 | 3.2% |
% Under 18 | 20.0% | -13.0% |
% Seniors | 20.2% | 14.1% |
% WFH | 6.9% | 86.5% |
% w/ College Degree | 10.5% | -19.2% |
As of the latest ACS Survey released in 2023, Smithtown, TN is a predominantly white area, with 92.8% of the population identifying as white. The white population has grown by 6.7% in the last 5 years. The second most common race or ethnicity in Smithtown, TN is black, making up 3.9% of the population. Foreign-born residents account for 0.9% of the population in Smithtown, TN, and this percentage has decreased by 43.8% 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 | 92.8% | 6.7% |
% Black | 3.9% | -27.8% |
% Hispanic | 0.4% | -69.2% |
% Asian | 0.6% | -64.7% |
% Foreign Born | 0.9% | -43.8% |
Mortgage and Risk — Smithtown, TN
According to HUD data as of 2023, there were 162 mortgage originations in Smithtown, TN, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Smithtown, TN. Investor activity is low, as 8.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 162 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 8.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Smithtown, TN
Smithtown, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 281 |
Total Units Section 8 | 83 |
% Rentals under Section 8 | 12.7% |
% Occupied Section 8 | 93.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $330 | $800 | $1,130 |
| 2 Bedroom | $435 | $825 | $1,260 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,720 |
Affordability — Smithtown, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $221,000 |
| Median Household Income | $53,200 |