In the twelve months ending October 15, 2026, Burleson homes sold for a median $285,000 and Byrne homes for a median $232,500.
Smithville as a whole is a buyer’s market, with homes closing at 93.2% of original asking in the three months ending October 15, 2026, and a price point changes which market a home is in. In my read, many of the homes you would compete with have already cut their price, so the sales closest to your home count for more than the town figure.
Sources: Unlock MLS, pulled October 16, 2026.
29 Smithville homeowners have trusted my real estate team to sell their home, and that count doesn’t include a single buyer we’ve represented. Everything on this page comes from the same MLS record we used to price those homes.
Every number on this page is also broken out in the tables on How does the 78957 housing market compare with Bastrop, La Grange and Paige?
Last updated October 16, 2026. Sales data covers the 90 days ending October 15, 2026 and the twelve months ending the same day (Unlock MLS via MLS Grid); listing inventory as of October 16, 2026.
Smithville is a buyer’s market overall, and that is the reading for the town as a whole. Over the last three months homes closed at 93.2% of their original asking price, which is under the 94% line the rule I use sets between a balanced market and a buyer’s market.
Supply points the same way. Smithville carries 8.9 months of inventory against 6.0 for the Austin metro, where months of inventory means how long it would take to sell every home for sale if no new ones came on the market. The past twelve months read as a buyer’s market for the town overall too.
The ZIP code, 78957, has the same 95 homes for sale as the town and reads the same. The chart below shows both against the Austin metro. A price point changes which market a home is in, and How does the 78957 housing market compare with Bastrop, La Grange and Paige? shows how the readings differ by price range.
New construction is a small part of the Smithville market. Builders list a small share of the homes for sale, and only one of the homes that closed in the last three months was a new build.
What sells is mostly older. Most of the homes that closed in the last three months were built before 2000, and two of the busiest subdivisions of the past twelve months, Burleson and Smithville Townsite, have median build years of 1935 and 1956.
That leaves a seller mostly pricing a resale against other resales. The builders, their asking prices and the communities where they list are on Which homes is a Smithville buyer comparing with yours, builders or resales?
More homes are closing than a year ago, 32 in the last three months against 18 in the same three months last year. In my read that points to buyers who are active and particular about price.
The price record for the past twelve months and the year before, with both periods side by side, is on What will a Smithville buyer pay for your home, and what can an appraisal miss?
Smithville is slow to reach a contract, and more homes took over 90 days than any other group in the last three months. The days, the quick sales and the slow ones, and why some listings never sold, are on Is your Smithville listing stuck? How long homes here took to reach a contract
Bastrop is the busier market and reads balanced for that town overall. Homes there closed at 94.6% of original asking, with 6.5 months of inventory.
La Grange reads as a buyer’s market for that town overall, at 7.4 months of inventory against Smithville’s 8.9. The side-by-side table is on How does the 78957 housing market compare with Bastrop, La Grange and Paige?
The first is pricing above where homes close. Many of the homes for sale are priced below where they started, so a buyer is already looking at sellers who have conceded once. The count is on Is your Smithville listing stuck? How long homes here took to reach a contract
The second is thin evidence. Smithville closed 32 sales in the last three months, and no subdivision closed more than 9 homes over the past twelve months, so a seller in Burleson or Byrne has a handful of sales to point to. Whether to list now or wait is on Has waiting for last year’s price helped Smithville sellers?
This report describes Smithville as a whole, and a few facts about your home decide how closely it applies. If that is you, the fastest way to know is to run your address.
The range-by-range table is on How does the 78957 housing market compare with Bastrop, La Grange and Paige?
Smithville sellers are pricing against listings that have often cut once already, in a town where the sales that set the price are mostly older homes in places like Burleson, Smithville Townsite and Byrne. A seller who reads only the town figure misses the sales that sit closest to the home.
For your house, then: which closed sales near it would a buyer point to, and does your price sit with them or above them?
If you worry your price will land above what buyers have been paying near you, start by seeing the sales a buyer would compare it with. Request my complimentary Home Competitor Analysis for your address. You get:
No obligation. The report for your part of Smithville arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome. 29 homes sold by Watters International Realty in Smithville (Unlock MLS, all time).
Chris Watters’s position, stated September 9, 2026. WIR does not forecast prices; the figures on this page are one period’s measurements.
There is pent-up demand in the market. Tons of buyers on the sidelines not purchasing. This is because there is a lack of alignment between the sellers’ personal wants and what a buyer can afford. Affordability has been severely impacted because of interest rates. Interest rates and home prices move in opposite directions in most instances. However, unlike Wall Street, the market is not that fluid. But in reality, it should be.
Buyers are still closing sales here, 98 over the past twelve months against 89 in the twelve months before, and the 95 homes for sale are what they are choosing between.
Watters International Realty is a Texas real estate brokerage, and I am its broker of record. This page is based on Unlock MLS data analyzed on October 16, 2026. 29 homes sold by Watters International Realty in Smithville (Unlock MLS, all time). Primary records used: Unlock MLS (ACTRIS) listing and closing records via MLS Grid for Residential properties in the MLS city of Smithville and its ZIP code; the Bastrop Central Appraisal District holds the record for any specific parcel. Known unknowns: WIR’s New Construction Inventory sheet carried no rows for Smithville builders or communities when it was read, so this page publishes no builder price range, incentive or rate; Smithville has no neighborhood pages yet; and the MLS does not record why an individual listing failed to sell.
You get the closed sales near you, how homes in your part of Smithville have been moving, and a walkthrough before any pricing talk.
No obligation. The report arrives within a minute; the pricing analysis comes after we walk the home. Nothing here promises a price, a timeline, or an outcome.
