42Alpha

Smith County, MS Housing Market Brief

county · MS · score computed October 2026

Balanced

What is Smith County, MS’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%
●12
Inventory Health25%
●0

Population band 2 of 5 (population 9,816–20,389) · comparable within its band

Affordability20%
●93
Economic Strength20%
●45
Rental Yield15%
●78

Where is Smith County, MS in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Smith County, MS is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Smith County, MS?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Smith County, MS housing market data

MetricValueYoYSource
Median Sale Price$210K▼ -19.4%Redfin
Median Days on Market116 days▲ +34.9%Redfin
Months of Supply5.5▲ +111.5%Redfin
Homes for Sale17▲ +30.8%Redfin
Homes Sold3▼ -40%Redfin
Median Price / Sq Ft$146▲ +30.3%Redfin

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

Now: 42
2-period trend
Median sale price · 12 mo

Markets like Smith County, MS

Frequently asked questions

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

In the scores computed October 2026, Smith County, MS is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

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

The median sale price in Smith County, MS is $210K, having fallen 19.4% over the past year, according to Redfin.

How affordable is Smith County, MS?

Smith County, MS scores 93 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Smith County, MS's strongest dimension is Affordability (93/100) and its weakest is Inventory Health (0/100). The Alpha Score is a weighted blend of all five dimensions.

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