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Featured local agent — Smithton, IL
Sarah Mitchell
Compass Real Estate · Smithton, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Smithton, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$305,000median sale price
How is the Smithton, IL housing market right now?
The median home sale price in Smithton, IL is $305,000, up 4.9% year-over-year. Homes sell in an average of 35 days with 6 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Smithton a buyer's or seller's market?
Smithton, IL is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
5
Last 12 weeks
Days on market
35
Average pace
Active listings
6
1.2 months supply
Sale-to-list
100.6%
Above asking
What does the Smithton housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $305,000 |
| Median list price | $419,450 |
| Year-over-year price change | +4.9% |
| Average days on market | 35 days |
| Active inventory | 6 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $139/sq ft |
| Homes sold (latest month) | 5 |
| New listings (latest month) | 4 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Smithton by property type?
How the Smithton, 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 | $305,000 | $139/sq ft | 5 | 35 days |
| Townhouse | $264,000 | $169/sq ft | 1 | 7 days |
Source: Redfin · Updated monthly
The Smithton housing market is currently classified as a strong seller's market with a median sale price of $305,000. Prices have risen 4.9% compared to last year, with homes spending an average of 35 days on market, indicating 1.2 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 2.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Smithton
There are currently 6 homes listed for sale in Smithton, Illinois. The median listing price is $419K.
Active listings
6
Homes on market
Median list price
$419K
Avg. days on market
35
Days until sale
New this week
4
Newly listed
Who lives in Smithton?
Population
3,512
Median income
$114,453/yr
Median age
48.1 years
Owner-occupied
88.5%
College grads
38.2%
Avg commute
35.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Smithton?
Zillow home value
$311,726
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Smithton?
Smithton is a community of approximately 4K residents with a median age of 48.1 years.The median household income is $114,453, which reflects a relatively affluent area with strong earning potential. 38.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Smithton offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Smithton?
1 schools tracked · 546 students
The largest public schools serving Smithton, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Smithton Elem School
Grades PK-8 · 546 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Smithton, IL?
Want a head-to-head view? Compare Smithton side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Smithton?
The median home sale price in Smithton is $305,000, up 4.9% from last year.
How long do homes stay on market in Smithton?
Homes typically spend 35 days on market before going under contract.
What is the median income in Smithton?
The median household income is $114,453 per year.
Is Smithton a buyer's or seller's market?
With 1.2 months of supply, Smithton is currently a strong seller's market.
What is the Zillow home value estimate for Smithton?
The Zillow Home Value Index (ZHVI) for Smithton is $311,726, representing the typical home value in the area.
How much does a single-family home cost in Smithton?
The median single-family home price in Smithton, IL is $305,000 (about $139 per square foot).
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