Smithville, OH—44677
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smithville, OH
Smithville, OH lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $252,000 | 5.6% |
| Single Family | $253,000 | 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 | $204,000 | 4.6% |
3 Bed | $261,000 | 5.2% |
4 Bed | $299,000 | 4.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Smithville, OH
As of July '25, Rentcast reports the average rent in Smithville, OH is $875, with a year-over-year rent change of -11.4%. Per bedroom, the median rent as of July '25 in Smithville, OH is 2-bedrooms: $875. The most common rental property sizes in Smithville, OH are 2-bedroom and 3-bedroom, accounting for 40.6% and 39.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $875 | $875 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $875 | $875 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Smithville, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Smithville, OH is 92. This is a increase of 101.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $389,000 | 67.0% |
Listing Count | 1 | 11.0% |
| Listings as % of Homes | 0.4% | 11.0% |
Days on Market | 92 | 101.0% |
Demographics — Smithville, OH
As of the latest ACS Survey released in 2023, Smithville, OH has a population of 2,870, which has increased by 16.4% over the past 5 years. Smithville, OH is a moderately popular place for families, as children make up 21.6% of the population. The area has a moderately educated workforce, with 27.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,870 | 16.4% |
% Under 18 | 21.6% | -8.1% |
% Seniors | 24.7% | 31.4% |
% WFH | 8.9% | 134.2% |
% w/ College Degree | 27.2% | 0.7% |
As of the latest ACS Survey released in 2023, Smithville, OH is a predominantly white area, with 95.8% of the population identifying as white. The white population has shrunk by 0.7% in the last 5 years. The second most common race or ethnicity in Smithville, OH is hispanic, making up 0.9% of the population. Foreign-born residents account for 0.2% of the population in Smithville, OH, and this percentage has decreased by 83.3% 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 | 95.8% | -0.7% |
% Black | 0.3% | -25.0% |
% Hispanic | 0.9% | -43.8% |
% Asian | 0.7% | 16.7% |
% Foreign Born | 0.2% | -83.3% |
Mortgage and Risk — Smithville, OH
According to HUD data as of 2023, there were 77 mortgage originations in Smithville, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Smithville, OH. Investor activity is low, as 3.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 77 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Smithville, OH
Smithville, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 25 |
Total Units Section 8 | 19 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $790 |
| 2 Bedroom | $145 | $875 | $1,020 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,430 |
Affordability — Smithville, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $252,000 |
| Median Household Income | $73,600 |