Real Estate Price Maphome prices by county

Smyth County, VA home prices

Smyth County, VA: the typical home is worth $160,146 as of 2026-05, up +2.4% over the past year and +188.3% since 2000. Listings run about $142/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Smyth County is cooling and undervalued — very affordable for what people here earn.

Momentum+2.4%Cooling
Valuation-19%Undervalued
Affordability9/10Very affordable
Market66 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1992: $43,102 → 2026: $160,146 (3.7×) pre-2000 estimated via FHFA index

Typical value$160,1462026-05
1-year+2.4%
5-year+31.6%
10-year+74.1%
Since 2000+188.3%
Population29k2024
Median income$52,6462023 · 3.0× income
New homes/yr402024
Price / sq ft$142listings
Days on market662026-06
Active listings772026-06
Price cuts17%of listings

Market read

At $160,146, homes in Smyth County sit 48% below the Virginia median ($309,032) and 32% below the US median ($233,954). That ranks #118 of 133 Virginia counties by price.

Prices are holding steady (+2.4% in the last year) — a balanced market.

Homes here take a while to sell — a median 66 days on the market, with 17% of listings cutting their asking price.

At 3.0× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~19% cheap for local incomes and rents — a relative bargain.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Tazewell County, VA ($141,162) · Grayson County, VA ($205,646) · Washington County, VA ($260,465) · Wythe County, VA ($216,510) · Ashe County, NC ($355,248) · Bland County, VA ($194,889)

Frequently asked questions

What is the average home price in Smyth County, VA?
The typical home in Smyth County is worth $160,146 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Smyth County rising or falling?
Prices are up +2.4% over the past year and +188.3% since 2000 — a balanced market.
Is Smyth County affordable?
At 3.0× the local median income of $52,646, Smyth County is more affordable than the typical US county.
How fast do homes sell in Smyth County?
Homes here take a median of 66 days to sell, with 17% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$55,545
2001$60,721
2002$64,760
2003$69,165
2004$74,778
2006$98,445
2007$100,720
2008$98,454
2009$94,328
2010$88,044
2011$89,118
2012$90,012
2013$95,262
2014$93,604
2015$92,417
2016$92,691
2017$95,489
2018$96,202
2019$100,453
2020$103,654
2021$116,427
2022$128,437
2023$139,613
2024$146,760
2025$155,334
2026$159,119