48Alpha

Smith County, TN Housing Market Brief

county · TN · as of May 2026

Balanced

What is Smith County, TN’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%
+9.953
Inventory Health25%
-14.144
Affordability20%
23
Economic Strength20%
+1.767
Rental Yield15%
54

Where is Smith County, TN in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Smith County, TN is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Smith County, TN housing market data

MetricValueYoY
Median Sale Price$295K-14.6%
Median Days on Market65 days-33.7%
Months of Supply4.2▲ +40%
Homes for Sale93▲ +3.3%
Homes Sold22-26.7%
Median Price / Sq Ft$208-0.4%
Sale-to-List Ratio97.3%▲ +1%

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

Now: 48
3-period trend
Median sale price · 12 mo

Markets like Smith County, TN

Frequently asked questions

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

As of May 2026, Smith County, TN is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

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

The median sale price in Smith County, TN is $295K, having fallen 14.6% over the past year.

How affordable is Smith County, TN?

Smith County, TN scores 23 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

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

Smith County, TN's strongest dimension is Economic Strength (67/100) and its weakest is Affordability (23/100). The Alpha Score is a weighted blend of all five dimensions.

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