47Alpha

Smith County, TX Housing Market Brief

county · TX · as of August 2026

Balanced

What is Smith County, TX’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+1.838
Inventory Health25%
+4.744
Affordability20%
+3.748
Economic Strength20%
61
Rental Yield15%
+2.247

Where is Smith County, TX in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Smith County, TX is classified as Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Smith County, TX?

Our model forecasts Smith County, TX’s home prices to rise about 3.3% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Smith County, TX housing market data

MetricValueYoY
Median Sale Price$314K-3.3%
Median Days on Market59 days▲ +11.3%
Months of Supply5.1▲ +2%
Homes for Sale1,546▲ +1.3%
Homes Sold312-1.9%
Median Price / Sq Ft$170-1.2%

How has Smith County, TX’s Alpha Score moved?

Now: 47
12-period trend
Median sale price · 12 mo

Markets like Smith County, TX

Frequently asked questions

Is Smith County, TX a buyer's or seller's market?

As of August 2026, Smith County, TX is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Smith County, TX?

The median sale price in Smith County, TX is $314K, having fallen 3.3% over the past year.

How affordable is Smith County, TX?

Smith County, TX scores 48 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Smith County, TX's Alpha Score?

Smith County, TX's strongest dimension is Economic Strength (61/100) and its weakest is Price Momentum (38/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Smith County, TX? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.