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Featured local agent — Smithville, NJ
Sarah Mitchell
Compass Real Estate · Smithville, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Smithville, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$284,000median sale price
How is the Smithville, NJ housing market right now?
The median home sale price in Smithville, NJ is $284,000, up 28.1% year-over-year. Homes sell in an average of 55 days with 96 active listings. The market is currently a buyer'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 Smithville a buyer's or seller's market?
Smithville, NJ is currently a buyer's market, based on 8.0 months of supply and homes selling in about 55 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
55
Average pace
Active listings
96
8.0 months supply
Sale-to-list
99.3%
Below asking
What does the Smithville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $284,000 |
| Median list price | $339,900 |
| Year-over-year price change | +28.1% |
| Average days on market | 55 days |
| Active inventory | 96 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $199/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 29 |
| Listings with a price cut | 17.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Smithville by property type?
How the Smithville, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $417,000 | $224/sq ft | 5 | 32 days |
| Condo / Co-op | $166,000 | $178/sq ft | 2 | 79 days |
| Townhouse | $284,000 | $199/sq ft | 5 | 94 days |
Source: Redfin · Updated monthly
The Smithville housing market is currently classified as a buyer's market with a median sale price of $284,000. Prices have risen 28.1% compared to last year, with homes spending an average of 55 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Smithville
There are currently 96 homes listed for sale in Smithville, New Jersey. The median listing price is $340K.
Active listings
96
Homes on market
Median list price
$340K
Avg. days on market
55
Days until sale
New this week
29
Newly listed
Who lives in Smithville?
Population
9,260
Median income
$72,875/yr
Median age
47.1 years
Owner-occupied
76.3%
College grads
37.8%
Avg commute
25.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Smithville?
Smithville is a community of approximately 9K residents with a median age of 47.1 years.The median household income is $72,875, which represents a working-class community with solid middle-income opportunities. 37.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Smithville offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Smithville, NJ?
Want a head-to-head view? Compare Smithville side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Smithville?
The median home sale price in Smithville is $284,000, up 28.1% from last year.
How long do homes stay on market in Smithville?
Homes typically spend 55 days on market before going under contract.
What is the median income in Smithville?
The median household income is $72,875 per year.
Is Smithville a buyer's or seller's market?
With 8.0 months of supply, Smithville is currently a buyer's market.
What is the median condo price in Smithville?
The median condo/co-op sale price in Smithville, NJ is $166,000, compared to $417,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Smithville?
The median single-family home price in Smithville, NJ is $417,000 (about $224 per square foot).
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