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Featured local agent — Smith Valley, NV
Sarah Mitchell
Compass Real Estate · Smith Valley, NV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Smith Valley, NV Housing Market & Real Estate
Housing market overview · Updated monthly ·
$699,500median sale price
How is the Smith Valley, NV housing market right now?
The median home sale price in Smith Valley, NV is $699,500, down 20.3% year-over-year. Homes sell in an average of 184 days with 11 active listings. The market is currently a 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 Smith Valley a buyer's or seller's market?
Smith Valley, NV is currently a seller's market, based on 1.8 months of supply and homes selling in about 184 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
184
Average pace
Active listings
11
1.8 months supply
Sale-to-list
96.3%
Below asking
What does the Smith Valley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $699,500 |
| Median list price | $700,000 |
| Year-over-year price change | -20.3% |
| Average days on market | 184 days |
| Active inventory | 11 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 96.3% |
| Median price per sq ft | $339/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 4 |
| Listings with a price cut | 18.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Smith Valley by property type?
How the Smith Valley, NV market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $699,500 | $339/sq ft | 6 | 184 days |
Source: Redfin · Updated monthly
The Smith Valley housing market is currently classified as a seller's market with a median sale price of $699,500. Prices have fallen 20.3% compared to last year, with homes spending an average of 184 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Smith Valley
There are currently 11 homes listed for sale in Smith Valley, Nevada. The median listing price is $700K.
Active listings
11
Homes on market
Median list price
$700K
Avg. days on market
184
Days until sale
New this week
4
Newly listed
Who lives in Smith Valley?
Population
1,618
Median income
$48,194/yr
Median age
65.1 years
Owner-occupied
83.9%
College grads
39.0%
Avg commute
33.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Smith Valley?
Smith Valley is a community of approximately 2K residents with a median age of 65.1 years.The median household income is $48,194, which represents a working-class community with solid middle-income opportunities. 39.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 83.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Smith Valley offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Smith Valley, NV?
Want a head-to-head view? Compare Smith Valley side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Smith Valley?
The median home sale price in Smith Valley is $699,500, down 20.3% from last year.
How long do homes stay on market in Smith Valley?
Homes typically spend 184 days on market before going under contract.
What is the median income in Smith Valley?
The median household income is $48,194 per year.
Is Smith Valley a buyer's or seller's market?
With 1.8 months of supply, Smith Valley is currently a seller's market.
How much does a single-family home cost in Smith Valley?
The median single-family home price in Smith Valley, NV is $699,500 (about $339 per square foot).
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