The housing market in Smith, TX County is thriving. The median value of homes in the county is $241,500, which is significantly lower than the US median value of $338,100. Despite the lower housing values, home appreciation in Smith, TX County has risen sharply over the past year with an impressive 15.47% increase compared to the US 1 year house appreciation rate of 8.27%. This indicates that this county offers a great opportunity for potential homeowners who can take advantage of its increasing value and secure their financial future.
The median home cost in Smith County is $241,500. Home appreciation the last 10 years has been 96.3%. Home Appreciation in Smith County is up 20.0%.
Average Age of Homes
- The median age of Smith County real estate is 34 years old
The Rental Market in Smith County
- Renters make up 30.7% of the Smith County population
- 4.2% of houses and apartments in Smith County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.