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Featured local agent — Smithboro, IL
Sarah Mitchell
Compass Real Estate · Smithboro, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Smithboro, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$302,000median sale price
How is the Smithboro, IL housing market right now?
The median home sale price in Smithboro, IL is $302,000. Homes sell in an average of 77 days with 1 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of August 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Smithboro a buyer's or seller's market?
Smithboro, IL is currently a balanced market, based on 1.0 months of supply and homes selling in about 77 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
77
Average pace
Active listings
1
1.0 months supply
Sale-to-list
94.7%
Below asking
What does the Smithboro housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $302,000 |
| Average days on market | 77 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 94.7% |
| Median price per sq ft | $262/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Smithboro by property type?
How the Smithboro, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $302,000 | $262/sq ft | 1 | 77 days |
Source: Redfin · Updated monthly
The Smithboro housing market is currently classified as a balanced market with a median sale price of $302,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 77 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.3x provides context for how home values compare to local earning capacity.
Homes for sale in Smithboro
There are currently 1 homes listed for sale in Smithboro, Illinois.
Active listings
1
Homes on market
Avg. days on market
77
Days until sale
Who lives in Smithboro?
Population
171
Median income
$27,500/yr
Median age
30 years
Owner-occupied
94.9%
College grads
4.8%
Avg commute
19.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Smithboro?
Zillow home value
$172,178
Price-to-income
6.3x
Source: Zillow Research
What is it like to live in Smithboro?
Smithboro is a community of approximately 0K residents with a median age of 30 years.The median household income is $27,500, which represents a working-class community with solid middle-income opportunities. 4.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 94.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Smithboro offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Smithboro, IL?
Want a head-to-head view? Compare Smithboro side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Smithboro?
The median home sale price in Smithboro is $302,000, down 0.0% from last year.
How long do homes stay on market in Smithboro?
Homes typically spend 77 days on market before going under contract.
What is the median income in Smithboro?
The median household income is $27,500 per year.
Is Smithboro a buyer's or seller's market?
With 1.0 months of supply, Smithboro is currently a balanced market.
What is the Zillow home value estimate for Smithboro?
The Zillow Home Value Index (ZHVI) for Smithboro is $172,178, representing the typical home value in the area.
How much does a single-family home cost in Smithboro?
The median single-family home price in Smithboro, IL is $302,000 (about $262 per square foot).
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