Smithville, TX

Complete Guide to Smithville Texas Home Values (2025 Update)

November 21, 20249 min read

Complete Guide to Smithville, Texas Home Values (2025 Update)

Listen up, home hunters.

Smithville, Texas isn't just another dot on the map—it's a hidden gem waiting to be discovered. Tucked away in Bastrop County, this small town is serving up a killer combo of laid-back living and strategic location that's catching the eye of smart homebuyers.

Why should you care?

Because Smithville isn't playing around. With Austin and Bastrop practically in its backyard, this town offers something most overpriced metros can't: genuine character with real value. We're talking about a place where your dollar stretches further, and your quality of life doesn't come with a premium price tag.

Whether you're a young professional looking to escape city chaos, a family seeking solid community roots, or a retiree wanting a slice of authentic Texas life, Smithville has entered the chat.

This guide isn't just another real estate pitch—it's your no-BS roadmap to understanding why this town is quickly becoming a strategic move for savvy home buyers.

Buckle up.

We're about to break down everything you need to know about Smithville's home values, market trends, and why this place might just be your next smart investment.

smithville tx

Overview of Smithville, TX

Alright, let's dive into Smithville - the kind of town that'll make you want to trade your city skyline for some serious Texan charm.

Smithville isn't just another dot on the map. This place is a legit small-town gem with serious character.

Sitting pretty in Bastrop County, it's basically the lovechild of rural tranquility and proximity to urban hustle. You're looking at about 4,500 residents who've figured out the sweet spot between peace and convenience.

The town's got some serious street cred when it comes to history. Founded back in 1827, Smithville started as a railroad hub and has since evolved into a destination that balances nostalgic vibes with modern amenities. Movie buffs might recognize it from "Hope Floats" - yeah, Sandra Bullock's film was shot right here, giving the town some Hollywood street cred.

Key highlights that make Smithville stand out:

  • Location: Just 45 miles from Austin - close enough for weekend adventures, far enough to dodge big city madness

  • Size: Small enough to know your neighbors, big enough to not feel claustrophobic

  • Landscape: Rolling hills, beautiful Colorado River proximity, tons of green space

  • Community: The kind of place where people actually wave when you drive by

Pro tip: If you're looking for a place that feels like home the moment you roll into town, Smithville's got that magic. It's not trying to be something it's not - just pure, authentic Texas living.

Smithville Texas Home

Current Home Values in Smithville, TX

Alright, let's dive into the home values. Grab a coffee, and let's break this down with some no-nonsense stats.

Median Home Prices

Listen up. As of October 2024, Smithville's housing market isn't messing around. Here's the deal:

  • Median Sold Price: We're looking at $357,000. That's a solid 9.7% jump from last year. Not too shabby.

  • Price Per Square Foot: $222. Translation? Every square foot is getting more valuable by the minute.

Price Trends by Bedroom Count

Time to get granular. Here's how different home sizes are performing:

  • 1 Bedroom: Holy spike! These tiny havens are up 55.2%, now sitting at $322,000. Small is the new big, apparently.

  • 2 Bedrooms: A bit of a dip here. Down 16.4% to $232,500. Not great, but not a total disaster.

  • 3 Bedrooms: Steady as she goes. Barely moved, with a microscopic 0.3% decrease to $329,000.

  • 4 Bedrooms: Slight uptick of 1.6%, now at $493,700. Room to stretch out doesn't come cheap.

  • 5+ Bedrooms: Dropped 17% to $415,000. Seems like the mansion market is cooling off.

Bottom line? Smithville's housing market is a mixed bag, but there's opportunity for the savvy buyer. Stay sharp.

Market Conditions

Listen up, home hunters.

Smithville's real estate scene is serving up some straight-talk insights that'll make your wallet and strategic brain do a happy dance.

Right now, we're looking at a buyer's market that's more buyer-friendly than a clearance sale at a home depot. Let me break it down with some no-nonsense stats:

The Cold, Hard Market Realities

  • Price Negotiations: In September 2024, every single home - and I mean 100% - sold BELOW asking price. That's not a typo. Buyers are in the driver's seat, and sellers are riding shotgun.

  • Days on Market: Homes are lingering longer than last week's leftovers. The average property is spending 120 days on the market, which represents a hefty 37.7% increase from previous years. Translation? Sellers are getting antsy, and deals are waiting to be made.

What This Means for You

If you're a buyer, sharpen your negotiation skills. This market is practically begging you to play hardball.

Want that extra wiggle room on price? You've got it.

Hoping for some seller concessions? Now's your moment.

For sellers? Time to get realistic.

Overpriced listings are about as welcome as a sunburn in July. Price competitively, stage smartly, and be prepared to be flexible.

Bottom line: Smithville's real estate market is a strategic playground right now. And for those who know how to play? Opportunity is knocking loud and clear.

Proximity to Bastrop, TX

Alright, let's talk Bastrop - your nearby neighbor with some serious real estate swagger. Here's the raw, unfiltered scoop on what being close to this county seat means for Smithville homeowners.

First off, Bastrop isn't just some random dot on the map. It's a strategic location that gives Smithville residents some serious lifestyle flexibility. Think of it like having a cool cousin who lives nearby - close enough to visit, but not so close they're always in your business.

Distance and Accessibility

  • Roughly 15 miles apart (about a 20-minute drive)

  • Easy highway access via TX-71

  • Minimal commute time between cities

Economic Synergy

Bastrop isn't just sitting pretty - it's an economic catalyst for the region. With a median home price hovering around $368,391, it provides a complementary real estate landscape to Smithville. Translation? Options, baby.

Practical Perks

Bottom line: Proximity to Bastrop isn't just convenient, it's a strategic advantage for Smithville residents. You get small-town charm with big-city accessibility. Not a bad deal, if you ask me.

Migration and Relocation Trends

Listen up, home-hunting warriors. Smithville isn't just another dot on the Texas map—it's becoming a hotspot for strategic residential relocation.

Straight talk: Homebuyers are making calculated moves into this town. We're seeing migration patterns that'll make your real estate radar ping. Major metros like Dallas, San Francisco, and Los Angeles are sending their troops—er, residents—to stake a claim in Smithville's promising landscape.

Here's the intel breakdown:

  • Inbound Migration: Big city dwellers are trading skylines for starry nights. Recent data shows significant interest from urban centers, with buyers seeking more space, affordability, and that sweet, sweet small-town vibe[2].

  • Local Market Loyalty: Get this—73% of potential Smithville homebuyers want to stay within the local metropolitan area. That's not just a trend; that's a declaration of community commitment[2]. These aren't just random home-seekers; they're locals who understand the value of putting down roots.

The migration isn't random. It's strategic. Buyers are looking beyond square footage and checking out community pulse, school quality, and lifestyle potential. Smithville delivers on all fronts.

Bottom line: This town isn't just growing; it's evolving. And smart homebuyers are taking notice.

Schools and Community

Alright, let's break this down Spartan-style. Smithville's education and community scene isn't just good—it's solid.

Education: No Participation Trophies Here

Smithville's schools are the real deal. We're talking serious academic muscle:

  • Smithville Elementary: Where learning starts sharp and disciplined

  • Brown Primary School: Building young minds with precision

  • Smithville High School: Preparing future leaders and doers

These aren't just schools. They're training grounds for the next generation.

Community: More Than Just Neighbors

This isn't your typical sleepy small town. Smithville's community is tight-knit and active:

  • Annual Festivals: Not just events, but community rallying points

  • Local Gatherings: Where connections are forged, not just made

  • Community Spirit: Strong enough to make big cities look bland

Quick Community Snapshot

  • Population Engagement: High. People here don't just live side-by-side; they live together

  • Community Events: Multiple throughout the year that draw locals and visitors alike

  • Volunteer Rate: Impressively high, showing residents aren't just talking—they're doing

Bottom line: Smithville isn't just a place. It's a community with backbone.

Climate and Natural Hazards

Listen up, potential Smithville homeowners—nature doesn't mess around in Texas, and neither should you.

Smithville sits in a region where Mother Nature likes to flex her muscles. Floods? Check. Wildfires? You bet. Scorching heat that'll make you question your life choices? Absolutely. But here's the deal: knowing is half the battle.

Climate Breakdown:

  • Temperature: Summers hit the high 90s, sometimes creeping past 100°F. Prepare to sweat.

  • Rainfall: Around 40 inches annually. Sounds nice, until it decides to dump all at once.

Natural Hazard Risk Profile:

  • Flooding: Bastrop County's topography makes certain areas flood-prone. Pro tip: Check FEMA flood maps before buying.

  • Wildfires: Central Texas wilderness + dry conditions = potential fire risk. Don't play hero; have an evacuation plan.

  • Wind Damage: Occasional severe storms can pack a punch. Sturdy roof? Non-negotiable.

  • Heat Waves: Summer isn't just hot; it's "melt your soul" hot.

Bottom line: Smithville's beauty comes with some raw, unfiltered natural challenges. Stay informed, be prepared, and you'll be fine. No drama, just smart living.

Conclusion

Listen up, home hunters. Smithville isn't just another dot on the Texas map—it's a hidden gem with serious potential. We've broken down the numbers, dissected the market, and here's the raw truth: this town is ready for your consideration.

Home prices are climbing, but not in a crazy Silicon Valley way. We're talking steady, smart growth. You've got a buyer's market that's practically begging you to negotiate. 100% of homes selling below asking price? That's not just a statistic, that's an opportunity.

Bottom line: Smithville offers what most overpriced metro areas can't—genuine community, reasonable prices, and room to breathe. Whether you're a remote worker looking to escape the city chaos or a family seeking solid roots, this place has your back.

Sure, there are risks. Floods, heat, the usual Texas suspects. But show me a place without challenges, and I'll show you a boring landscape. Smithville isn't just selling houses; it's selling a lifestyle. A chance to be part of something real.

My advice? Don't just scroll past. Come see for yourself. This town is waiting.

Jacki Short Realtor

And here’s a local favorite—Jacki Short, Realtor!

Unlike large sites, I bring firsthand knowledge and connections within Bastrop County. You’ll get:

  • Personalized guidance for finding or selling a home

  • Real-time updates on listings that fit your specific needs

  • Insider tips about the local market, including hidden gems

  • Expert advice tailored to ensure a smooth, straightforward process

Forget the impersonal listings; working with a trusted local agent like me means you’ll feel informed, confident, and at ease every step of the way!

Welcome to my blog! I’m Jacki Short, your trusted guide for all things real estate in Bastrop County, TX. 

Whether you're looking to buy your first home, sell your current property, or make a smooth transition into this vibrant community, I'm here to help. I specialize in finding you the perfect home at the right price and making every step of the journey easy and transparent. 

Reach out if you want a seamless, personalized real estate experience with a focus on fair value, local expertise, and community connection. Let's turn your real estate dreams into reality—right here in Bastrop County!

Jacki Short

Welcome to my blog! I’m Jacki Short, your trusted guide for all things real estate in Bastrop County, TX. Whether you're looking to buy your first home, sell your current property, or make a smooth transition into this vibrant community, I'm here to help. I specialize in finding you the perfect home at the right price and making every step of the journey easy and transparent. Reach out if you want a seamless, personalized real estate experience with a focus on fair value, local expertise, and community connection. Let's turn your real estate dreams into reality—right here in Bastrop County!

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