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Cheap Homes in Smithville, IN

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Smithville, IN Foreclosures

Current Market Conditions in in Smithville, IN As of February 2026?
Over the past month, the Smithville real estate market has experienced slight fluctuations, with a small increase in home prices attributed to high demand. Properties are being listed and sold quickly, with open houses and viewings increased to cater to interested buyers. The average days on the market remain low, indicating a vibrant real estate market.
How much do homes sell for in Smithville, IN?
The average home price is currently $179,606.
What’s the average rental cost in Smithville, IN?
The average rental price in Smithville is $1,039.
What is the most expensive home in Smithville?
The most expensive home sold in Smithville had a price of $298,865.
What is currently the cheapest priced home in Smithville, IN?
The cheapest home for sale in Smithville is priced at $33,919.

Living in Smithville, IN

Smithville, IN is a picturesque small town offering a peaceful lifestyle amidst beautiful natural surroundings. With a close-knit community, excellent schools, and proximity to Bloomington, it’s a perfect place for families looking for a rural feel without sacrificing access to urban amenities.

Buyer vs Seller Market in Smithville, IN

The real estate market in Smithville has seen steady growth over the past few years, with an overall increase in home values due to its desirable location and community appeal. Homes are selling relatively quickly, with a mix of new builds and established properties available. First-time buyers and those looking for investment properties may find attractive options in this area.

As more people consider moving out of urban centers, Smithville’s market has become increasingly competitive. Buyers are drawn to the town’s quaint vibe combined with the conveniences of being near Bloomington.

Home Value Estimator For Smithville, IN

There are currently 19 real estate properties in Smithville, IN, with a median automated valuation model (AVM) price of $190,899.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Smithville, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Smithville, IN, is $179,606.00, with the most expensive house in Smithville, IN, topping out at $298,865.00 and the cheapest home in Smithville, IN, clocking in at $33,919.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithville, IN!

Rent Prices In Smithville, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithville, IN, is on a rollercoaster ride. The average rent price in Smithville, IN, is $1,039.00. Indeed, when looking to rent in Smithville, IN, you can expect to pay as little as $790.00 or as much as $1,320.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Smithville, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Smithville, IN


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