2 days on RocketBackup offers
$926 Closing Credit¹
#99000, Mary Don, Listing Office: Appalachian Realty Co.
Smyth County Housing Market Report March 2025•Smyth County, Virginia
Housing Prices in Smyth County, VA
How much do homes in Smyth County, VA cost?
Housing Market Conditions
Is Smyth County, VA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Smyth County is a Seller's Market
Difference Since March 2024
Since last year, Smyth County has remained a Seller's Market.
Insight
Smyth County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$195,000$124/SqFt
+$23,800
+13.9%
Based on all homes sold in the last 12 months
Insight
Homes in Smyth County have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Smyth County was $195,000 in March 2025, up 13.9% from last year, and the median price per square foot was $124.
Median Sold Price By Counties
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Smyth County | $171.2K | $195K | +13.9% |
| Tazewell County | $140K | $150.5K | +7.5% |
| Wythe County | $219K | $235K | +7.3% |
| Grayson County | $217.5K | $212K | -2.5% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $33.9K | $113.5K | +234.8% |
| 22 Bedrooms | $77.4K | $128K | +65.3% |
| 33 Bedrooms | $173.4K | $199.9K | +15.3% |
| 44 Bedrooms | $227.5K | $263K | +15.6% |
| 55+ Bedrooms | $237.5K | $275K | +15.8% |
Summary: Smyth County housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +234.8%. The home price for 2 bedroom homes increased by +65.3%. The home price for 3 bedroom homes increased by +15.3%. The home price for 4 bedroom homes increased by +15.6%. The home price for 5 bedroom homes increased by +15.8%.
How does Smyth County, VA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Smyth County, VA
Housing supply in Smyth County, VA
How many homes are available in Smyth County, VA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 52Last MonthMar 2025 | ||
| 402 months agoFeb 2025 | +30.0 % Change MoMFeb – Mar |
Summary: The Smyth County real estate market had 52 homes for sale in Mar 2025, a 30.0 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthMar 2025 | ||
| 122 months agoFeb 2025 | -25.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 10 | 13 | +30.0% |
| 33 Bedrooms | 20 | 25 | +25.0% |
| 44 Bedrooms | 6 | 8 | +33.3% |
| 55+ Bedrooms | 3 | 4 | +33.3% |
Summary: Smyth County housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +30.0%. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Smyth County, VA cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price5 Homes
Insight
If you're buying a home in Smyth County, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Smyth County in March 2025, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and and 22% were sold over asking.
Days on Market for Smyth County, VA
How long does it take to sell a home in Smyth County, VA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days6 Homes
Insight
Most homes in Smyth County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2025, 9 homes were sold in Smyth County; 11% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 121 DaysThis YearMar 2025 | ||
| 143 Days1 year agoMar 2024 | -15.6 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Smyth County had an average listing age of 121 days in Mar 2025, down by 15.6% compared to the previous year.
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Newest Listings in Smyth County, VA
What homes are available in Smyth County, VA?
3 days on Rocket
$713 Closing Credit¹
#9978705, Hannah Powell, Listing Office: Weichert Realtors Saxon Clark KPT
3 days on Rocket
$475 Closing Credit¹
#9978703, Hannah Powell, Listing Office: Weichert Realtors Saxon Clark KPT
4 days on Rocket
$3,561 Closing Credit¹
#9978678, Barbara Cordle, Listing Office: United Country Blue Ridge Land & Auction
$3,978 Closing Credit¹
#9978265, Kashia Bordwine, Listing Office: Holston Realty, Inc.
Backup offers
$2,316 Closing Credit¹
#98891, Vickie Creasy, Listing Office: Ideal Realty Advisors - Marion
$3,147 Closing Credit¹
#9978078, Alana Hash, Listing Office: Town & Country Realty - Downtown
$1,769 Closing Credit¹
#9978041, Donna Bise, Listing Office: Shamrock Real Estate
Backup offers
$1,246 Closing Credit¹
#98023, Logan Crutchfield, Listing Office: Robins Nest Realty LLC
Backup offers
$3,858 Closing Credit¹
#99070, Logan Crutchfield, Listing Office: Robins Nest Realty LLC
#9977891, Anthony Farnum, Listing Office: Matt Smith Realty
$3,206 Closing Credit¹
#9977799, Travis Dyson, Listing Office: Landmark Realty
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MLS Disclaimers and Copyright
Based on information from Tennessee Virginia Regional MLS, Southwest Virginia Association of REALTORS® MLS, MLS Technology Inc., and Roanoke Valley Association of Realtors MLS for the period 04/01/2023 - 04/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the SW VA Association of REALTORS® Multiple Listing Service. The SWVAR IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is 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. Information herein is deemed reliable but not guaranteed, representations are approximate, individual verifications are recommended. Copyright 2025 Southwest Virginia Association of REALTORS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.
All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/15/2025, 6:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.