The typical home value in
Smith Mills
is projected to be
$397,000
for the month of
September.
August’s
finalized data reported the typical value of a home in the
city
to be
$480,000—up
2.13%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$550,000
in
Bristol County
for the most recent reporting period.
That number is expected to float around
$547,500
in
September.
Smith Mills
had
4
new listings and
3
listings that went under contract in
August,
decreasing
the area’s total available inventory to
4—down
0.0%
from the previous month. Inventory is projected to have further
decreased
in
September.
Of those
4
active listings,
25.0%
reduced their price in the month of
August.
The median listing price for homes in
Smith Mills
grew
15.41%
from
July
to
August,
bringing the current median listing price to
$460,500.
Based on projected data for
September,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
has been fairly steady
year-over-year. In
August 2025,
the median time for a listed property to go pending was
17
days, compared to
18
days in
August 2024.
However, in recent months the median number of days from listed to pending appears to be
rising.
That trend is predicted to have carried through to this
September.