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Foreclosure Homes in Smithville, MS 38870

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Smithville, MS Foreclosures

Current Market Conditions in in Smithville, MS As of February 2026?
Over the past month, Smithville's real estate market has experienced a slight uptick in activity, with more homes listed and a noticeable interest from buyers. This increase can be attributed to favorable interest rates and a growing remote work culture, prompting many to consider small-town living. Properties are seeing quicker turnovers, and bidding wars are becoming more common, reflecting a healthy demand.
How much do homes sell for in Smithville, MS?
The average home price is currently $138,977.
In Smithville, MS, how many homes are available?
There are currently 16 active home listings available in Smithville.
What’s the average rental cost in Smithville, MS?
The average rental price in Smithville is $954.
What is the most expensive home in Smithville?
The most expensive home sold in Smithville had a price of $714,700.
What is currently the cheapest priced home in Smithville, MS?
The cheapest home for sale in Smithville is priced at $44,602.

Living in Smithville, MS

Smithville, MS is a quaint town that offers a peaceful, family-oriented lifestyle. With its rich community spirit and various local amenities, residents enjoy a relaxed pace with close-knit social ties. Outdoor activities and historical roots make this location unique and inviting for potential homebuyers.

Buyer vs Seller Market in Smithville, MS

The Smithville real estate market has shown signs of stability, with a moderate increase in property values over the past year. The demand for homes in small towns like Smithville has grown as more buyers seek affordable living outside of larger cities, making it a competitive market for sellers currently listing their properties.

Recent trends indicate that homes are selling quicker in Smithville due to the influx of new residents looking for suburban comfort. The town's affordability compared to neighboring areas makes it particularly attractive for first-time homebuyers and families.

Home Value Estimator For Smithville, MS

There are currently 725 real estate properties in Smithville, MS, with a median automated valuation model (AVM) price of $111,500.00. 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, MS, 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, MS, is $138,977.00, with the most expensive house in Smithville, MS, topping out at $714,700.00 and the cheapest home in Smithville, MS, clocking in at $44,602.00. In other words, there’s something for every potential homebuyer or savvy investor in Smithville, MS!

Rent Prices In Smithville, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smithville, MS, is on a rollercoaster ride. The average rent price in Smithville, MS, is $954.00. Indeed, when looking to rent in Smithville, MS, you can expect to pay as little as $530.00 or as much as $1,870.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Smithville, MS -- 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.

Smithville, MS 38870 Foreclosures


Market Trend for Smithville, MS

Total Listings Available: 16

Market Values:

Home Prices from $44,602 to $714,700

Average Sales Price: $138,977

Rental Values:

Rental from $530 to $1,870

Average Rent Value: $954 / month

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