Smith County, TN Home Values & Market Trends

The median home price in Smith County, TN is $301,829. There were 368 home sales in Smith County, TN over the past 12 months. The median residential Smith County, TN home value for transactions over the previous year is $267,450. The number of current listings in Smith County, TN is 314, and the percentage of properties for sale is 314.00%. The county has 17 foreclosures, 1 bank owned properties, 16 headed for auction, and 314 properties for sale.

Smith County, TN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Carthage

$ 300,156

$ 179/sqft

Dixon Springs

$ 279,722

$ 170/sqft

Pleasant Shade

$ 269,460

$ 191/sqft

Riddleton

$ 357,861

$ 224/sqft

Brush Creek

$ 394,213

$ 227/sqft

Lancaster

$ 522,462

$ 251/sqft

Gordonsville

$ 348,900

$ 225/sqft

Hickman

$ 289,900

$ 246/sqft

Elmwood

$ 239,809

$ 201/sqft

Chestnut Mound

$ 271,321

$ 233/sqft

Housing Market Summary for Smith County, TN

Sep 2025September 2026Change
Median Listing Price$324.9K$314.9K-3.06%
Median Sold Price$238.4K$260.9K9.43%
Homes For Sale26031019.23%
Homes Sold142118-16.90%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Smith County, TN

Smith County, TN home values range from $16,045 to $1,250,000. Lancaster is the priciest city with a median listing home price of $637,000, and Chestnut Mound is most affordable with average house prices of around $174,999.

Foreclosure
There are 10 cities within Smith County, TN; within these cities, the median estimated home value for homes in foreclosure ranges from $277,432 in Pleasant Shade to the lowest value of $153,121 in Pleasant Shade. Foreclosure homes account for 3.00% of properties in Smith County, TN with Carthage containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Smith County, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 10 cities within Smith County, TN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Smith County, TN ranges from the highest value of $0 in Chestnut Mound to the lowest value of $0 in Carthage. Bank owned homes and properties account for 0.21% of properties in Smith County, TN. There are 10 cities within Smith County, TN; Carthage containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Carthage has 9 auction properties, the highest number of properties going to auction in a single city in the state of Smith County, TN. Auction homes and other auction properties account for 3.43% of all properties in Smith County, TN. There are 10 cities within Smith County, TN; of those cities, the median estimated home value for homes going to auction ranges from $584,699 in Gordonsville to the lowest value of $153,121 in Gordonsville.
Homes for Sale
Homes and properties that are actively listed for sale account for 67.38% of residential properties in Smith County, TN with Carthage containing 135 homes for sale, the highest number of listed properties in a single city. There are 10 cities within Smith County, TN; homes for sale in those cities, have a range of median values from $919,020 in Lancaster to the lowest value of $61,470 in Pleasant Shade.
    Sold Homes
    The median value for recently sold homes ranges from $737,581 in Lancaster to the lowest price of $16,045 in Lancaster. There are 10 cities within Smith County, TN. Carthage has 35 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 25.32% of properties in Smith County, TN.

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      Guide for Smith County, TN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.