#2793198, Ben Hathaway, Listing Office: Epique Realty
Smith County Housing Market Report January 2025•Smith County, Tennessee
Housing Prices in Smith County, TN
How much do homes in Smith County, TN cost?
Housing Market Conditions
Is Smith County, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Smith County is a Buyer's Market
Difference Since January 2024
At the same time last year, Smith County was a Seller's Market.
Smith County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Smith County have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Smith County was $319,900 in January 2025, up 6.8% from last year, and the median price per square foot was $203.
Median Sold Price By Counties
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
DeKalb County | $280K | $306K | +9.3% |
Smith County | $299.4K | $319.9K | +6.8% |
Macon County | $255.2K | $267K | +4.6% |
Trousdale County | $339.9K | $337.2K | -0.8% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $269.9K | $227.4K | -15.7% |
22 Bedrooms | $201K | $239.9K | +19.4% |
33 Bedrooms | $314.9K | $320K | +1.6% |
44 Bedrooms | $333.9K | $387.5K | +16.0% |
55+ Bedrooms | $520K | $320K | -38.5% |
Summary: Smith County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -15.7%. The home price for 2 bedroom homes increased by +19.4%. The home price for 3 bedroom homes increased by +1.6%. The home price for 4 bedroom homes increased by +16.0%. The home price for 5 bedroom homes decreased by -38.5%.
Housing supply in Smith County, TN
How many homes are available in Smith County, TN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
113Last MonthJan 2025 | ||
992 months agoDec 2024 | +14.1 % Change MoMDec – Jan |
Summary: The Smith County real estate market had 113 homes for sale in Jan 2025, a 14.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthJan 2025 | ||
132 months agoDec 2024 | -15.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 4 | 2 | -50.0% |
22 Bedrooms | 14 | 19 | +35.7% |
33 Bedrooms | 66 | 73 | +10.6% |
44 Bedrooms | 12 | 16 | +33.3% |
55+ Bedrooms | 3 | 3 | 0.0% |
Summary: Smith County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +35.7%. The inventory for 3 bedroom homes increased by +10.6%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Smith County, TN cost?
Over Asking Price1 Home
At Asking Price5 Homes
Under Asking Price4 Homes
If you're buying a home in Smith County, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Smith County in January 2025, down by 15.4% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and and 10% were sold over asking.
Days on Market for Smith County, TN
How long does it take to sell a home in Smith County, TN?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days2 Homes
Over 90 Days2 Homes
Many homes in Smith County are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 11 homes were sold in Smith County; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
48 DaysThis YearJan 2025 | ||
29 Days1 year agoJan 2024 | +66.2 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Smith County had an average listing age of 48 days in Jan 2025, up by 66.2% compared to the previous year.
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Newest Listings in Smith County, TN
What homes are available in Smith County, TN?
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MLS Disclaimers and Copyright
Based on information from RealTracs Middle Tennessee Regional MLS, and East Tennessee REALTORS® MLS for the period 02/01/2023 - 02/01/2025
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 8:18:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 8:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.