Smithville, MS—38870
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smithville, MS
Smithville, MS lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $177,000 | 5.3% |
| Single Family | $176,000 | 5.4% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Smithville, MS
Smithville, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Smithville, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Smithville, MS is 45. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $195,000 | -8.0% |
Listing Count | 10 | -29.0% |
| Listings as % of Homes | 0.2% | -29.0% |
Days on Market | 45 | -22.0% |
Demographics — Smithville, MS
As of the latest ACS Survey released in 2023, Smithville, MS has a population of 2,470, which has decreased by -13.0% over the past 5 years. Smithville, MS is a moderately popular place for families, as children make up 18.4% of the population. The area has a poorly educated workforce, with 23.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,470 | -13.0% |
% Under 18 | 18.4% | -26.4% |
% Seniors | 23.6% | 59.5% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 23.5% | 22.4% |
As of the latest ACS Survey released in 2023, Smithville, MS is a predominantly white area, with 94.2% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Smithville, MS is black, making up 0.8% of the population. Foreign-born residents account for 1.5% of the population in Smithville, MS, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.2% | -0.6% |
% Black | 0.8% | -84.3% |
% Hispanic | 0.0% | -100.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.5% | ∞% |
Mortgage and Risk — Smithville, MS
According to HUD data as of 2023, there were 44 mortgage originations in Smithville, MS, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Smithville, MS. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Smithville, MS
Smithville, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — Smithville, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $177,000 |
| Median Household Income | $61,900 |