Smithville, MO—64089
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Smithville, MO
As of Oct '25, the median home price in Smithville, MO is $371,000, with a year-over-year change of 2.6%. This indicates that home prices in Smithville, MO are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $371,000 | 2.6% |
| Single Family | $372,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $270,000 | 3.1% |
3 Bed | $336,000 | 3.4% |
4 Bed | $428,000 | 1.2% |
| 5 Bed | $584,000 | 2.3% |
% of Housing Stock
Rental Trends — Smithville, MO
As of July '25, Rentcast reports the average rent in Smithville, MO is $2,070, with a year-over-year rent change of 51.1%. Per bedroom, the median rent as of July '25 in Smithville, MO is 1-bedrooms: $1,100, 2-bedrooms: $1,150, 3-bedrooms: $2,100, 4-bedrooms: $2,550. The most common rental property sizes in Smithville, MO are 3-bedroom and 2-bedroom, accounting for 42.4% and 39.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,120 | $2,070 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,100 |
| 2 Bed Rent | $1,150 | $1,150 |
| 3 Bed Rent | $2,090 | $2,100 |
| 4 Bed Rent | $2,540 | $2,550 |
% of Rental Stock
Property Listings — Smithville, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Smithville, MO is 75. This is a increase of 15.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $472,000 | 19.0% |
Listing Count | 81 | 20.0% |
| Listings as % of Homes | 0.8% | 20.0% |
Days on Market | 75 | 15.0% |
Demographics — Smithville, MO
As of the latest ACS Survey released in 2023, Smithville, MO has a population of 14,100, which has increased by 8.9% over the past 5 years. Smithville, MO is a popular place for families, as children make up 26.0% of the population. The area has a moderately educated workforce, with 33.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,100 | 8.9% |
% Under 18 | 26.0% | 1.6% |
% Seniors | 15.0% | 19.0% |
% WFH | 13.5% | 50.0% |
% w/ College Degree | 33.7% | 3.4% |
As of the latest ACS Survey released in 2023, Smithville, MO is a predominantly white area, with 95.2% of the population identifying as white. The white population has grown by 5.1% in the last 5 years. The second most common race or ethnicity in Smithville, MO is hispanic, making up 1.9% of the population. Foreign-born residents account for 0.3% of the population in Smithville, MO, and this percentage has decreased by 87.5% 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 | 95.2% | 5.1% |
% Black | 0.3% | 0.0% |
% Hispanic | 1.9% | 137.5% |
% Asian | 0.3% | -89.7% |
% Foreign Born | 0.3% | -87.5% |
Mortgage and Risk — Smithville, MO
According to HUD data as of 2023, there were 338 mortgage originations in Smithville, MO, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Smithville, MO. Investor activity is low, as 5.0% 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 | 338 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Smithville, MO
As of 2024, the percent of homes in Smithville, MO under the Section 8 program is 0.7%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Smithville, MO, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 120 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $1,100 | $1,090 |
| 2 Bedroom | $90 | $1,150 | $1,240 |
| 3 Bedroom | -$470 | $2,090 | $1,620 |
| 4 Bedroom | -$630 | $2,540 | $1,910 |
Affordability — Smithville, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $371,000 |
| Median Household Income | $101,000 |