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Smyth County, VA real estate

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Smyth County real estate Market Report.

Information and statistics on the latest trends in the Smyth County real estate market. *

Latest Monthly Snapshot

August 2026

Median sale price
$130K
-38% from Jul '26
Median list price
$206K
+27% from Jul '26
Active listings
118
+0.9% from Jul '26
Homes sold
21
+11% from Jul '26
New pendings
17
-32% from Jul '26
New listings
22
-15% from Jul '26

Monthly Pricing Trends for Smyth County

Monthly data for the latest available year.

Monthly Pricing Trends for Smyth County Sep '25 Nov '25 Jan '26 Mar '26 May '26 Jul '26 Aug '26 Median sale price in September 2025: $194K Median sale price in October 2025: $209K Median sale price in November 2025: $140K Median sale price in December 2025: $150K Median sale price in January 2026: $175K Median sale price in February 2026: $198K Median sale price in March 2026: $118K Median sale price in April 2026: $160K Median sale price in May 2026: $200K Median sale price in June 2026: $203K Median sale price in July 2026: $208K Median sale price in August 2026: $130K Median list price in September 2025: $185K Median list price in October 2025: $122K Median list price in November 2025: $155K Median list price in December 2025: $177K Median list price in January 2026: $177K Median list price in February 2026: $135K Median list price in March 2026: $232K Median list price in April 2026: $195K Median list price in May 2026: $250K Median list price in June 2026: $237K Median list price in July 2026: $163K Median list price in August 2026: $206K September 2025 Median sale price $194K Median list price $185K October 2025 Median sale price $209K Median list price $122K November 2025 Median sale price $140K Median list price $155K December 2025 Median sale price $150K Median list price $177K January 2026 Median sale price $175K Median list price $177K February 2026 Median sale price $198K Median list price $135K March 2026 Median sale price $118K Median list price $232K April 2026 Median sale price $160K Median list price $195K May 2026 Median sale price $200K Median list price $250K June 2026 Median sale price $203K Median list price $237K July 2026 Median sale price $208K Median list price $163K August 2026 Median sale price $130K Median list price $206K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
69
Buyer’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Aug 2026).

Inventory in Smyth County stayed relatively steady in August, with active listings up less than 1 percent from last month and roughly flat year over year. Months of supply is around five, about double what it was a year ago and higher than Virginia overall, underscoring the current buyer’s market. Contract activity slowed, as pending sales dropped about one third from July and were down more than 20 percent from last year, even though closed sales ticked up slightly month over month.

Pricing is adjusting to this slower contract flow. The typical home value fell sharply from July, and is down more than 25 percent compared with last year, even as the median list price is up double digits year over year. Sellers are also seeing less pricing power, with the average sale-to-list ratio slipping to just over 92 percent and no homes closing above list price in August.

Homes are changing hands faster despite softer prices. Median days on market dropped by about half from July and are down significantly from a year ago, suggesting that appropriately priced properties can still attract buyers. With more supply, fewer bidding wars, and big shifts in values, the environment can feel complex for both sides. Agent Pronto can connect buyers and sellers in Smyth County with an agent who understands these trends and can help them navigate their options.



Learn more about what Smyth County has to offer.

Smyth County offers residents a welcoming, family‑oriented community with abundant outdoor recreation, strong schools, affordable living, and growing opportunities in a charming rural setting.

Smyth County stands out from nearby Washington County and Wythe County with its blend of true small‑town pace and easy access to outdoor recreation. Communities like Marion and Chilhowie offer everyday convenience, while rural areas provide space, privacy, and long mountain views.

Residents enjoy a strong sense of local identity built around schools, Friday night games, and community events. The restored Lincoln Theatre in Marion hosts concerts and classic films through the Smyth County Community Foundation, while Hungry Mother State Park is a regional favorite for its lake, trails, and family cabins. The Town of Marion supports a steady calendar of festivals and downtown activities that keep the area connected.

Outdoor enthusiasts appreciate nearby access to the Mount Rogers National Recreation Area for hiking, trout fishing, and camping. Families value local schools such as Marion Senior High School and a network of churches, civic groups, and youth sports that make it easy to get involved soon after moving in.

Whether you are planning to list a long‑held family home or secure your first place in Smyth County, timing and preparation are crucial in a market that can shift quickly between in‑town and rural properties. Agent Pronto can connect you with a local real estate professional who understands these nuances and is ready to guide both buyers and sellers through each step.

Find your Smyth County real estate agent today →


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See why so many people rely on Agent Pronto to make their real estate journey a success.

“Wanda, I can't thank you enough for researching and referring us a local realtor. When I reached out to you I was frustrated and hoped you could be our realtor even though you are in Virginia and we were in Colorado. You listened to me intently and patiently which put my concerns to rest. Then you went right to work finding us a local realtor. Your customer service skills are a rarity today in this world of self service. Again, I can't thank you enough for taking the time to help us!”

Todd & Susan Rupp · Greeley, CO

Photo of Wanda Harris
OWN Real Estate, LLC
“It was a pleasure working with Wes on the sale of my home. He is professional, knowledgeable and informative. He was always available to answer any of my questions. I was able to sell the house quickly with no major hold ups. Thank you again Wes.”

Wayne · Mount Jackson, VA

Photo of Wes Sparks
eXp Realty, LLC
“Brooke sold us two properties, one rural hunting property that will be built on someday and a residential property until then. She serviced both spectrums for us.”

Jerry · Church Hill, TN

Photo of Brooke Shelton
Century 21 Legacy
“We loved working with Bree!! She was very responsive, knowledgeable, knew what to ask, and really looked out for our best interests! We were looking for a vacation home over two hours away and she was with us every step of the way. I would recommend her to anyone, she makes it so easy and a great experience.”

Aspen Sowers · Moneta, VA

Photo of Bree Cox
Century 21 Realty at Home
“Kris kept in constant communication with expert advice to get us through the closing. She keep us in focus & redirect when we needed help through several delays to closing. Kris listened with patience & understanding & represented us with her expert knowledge. Thank you is not enough we appreciate you in many ways.”

Jamie Jochum · Fredericksburg, VA

Photo of Kris Riley
NextHome Mission
“Judy Petrak is one of those rare agents that has a superb combination of utmost competence, great communication skills, enthusiasm, honesty and superior knowledge of the local Realestate market. Totally satisfied with the outcome of the sale.”

Emile · Woodbridge, VA

Photo of Judy Petrak
Century 21 New Millennium
“Debbie has great local knowledge and can recommend great people for services for your home. She has a great personality and we enjoyed spending time with her. She is definitely on your side with negotiations and contracts. She knows her stuff!! Highly recommend.”

Thomas & Karen Sweeney · Chesapeake, VA

DM
The Real Estate Group
“It was a pleasure working with William Mallory. He is patient, diligent, and has the buyers best interest at heart. I recommend working with him as he makes the home buying experience exciting and makes you feel supported throughout the process.”

Jordan Johnson · Hampton, VA

Photo of William Mallory
Iron Valley Real Estate
“Mike was an excellent agent to work with. He went above and beyond to find out all the information on the property details and answers to all questions we had. He was available anytime we needed. We would recommend him to anyone interested in purchasing or selling a home. He is the best!!”

Robin Cloyd · Jonesborough, TN

Photo of Creation Properties
Century 21 Legacy
“Gurdeep is a top notch realtor. We have worked with her over the last 16 years on the purchase of 3 homes and the sale of 2 homes. Gurdeep has handled each transaction with extraordinary knowledge, professionalism, and care. She has a keen eye for detail and makes sure all aspects of the sale are done correctly. She is incredibly articulate and uses her skills to finesse through challenging moments with excellent negotiation skills. Her media presentation for our property included a beautiful flyer presentation and drone footage of our 5 acre property that were completely above and beyond. This attracted serious buyers immediately. We have always had a fantastic experience with Gurdeep and we can’t recommend her enough! If you want the BEST, then choose Gurdeep!”

Lynn Morehouse · Manassas, VA

Photo of Gurdeep Mangat
Century 21 New Millennium
“Marc is the consummate professional, with top notch expertise and excellent people skills. Marc creates an environment where you truly feel heard and understood, and he makes you feel completely at ease throughout the entire process. Marc is very responsive and easy to get in touch with. A true pleasure to work with, I would highly recommend him.”

Mary · Ashburn, VA

Photo of Marc Massis
Century 21 New Millennium
“We were looking for a house in a certain area and told Pam of our needs. A house came on the market and she emailed me the listing right after it went live. We were the first people to call and tour the house and put in an offer, and I believe that the fast work that Pam put in was a decisive factor in how we got the home. There were days when I might call Pam half a dozen times and she always answered the phone and I could tell she had a smile on her face. This is the second time I've worked with her and I will definitely do it again in the future.”

Omar · Lanham, MD

Photo of Pam Milan
Century 21 Century21 New MILLENNIUM
“Jamie and his team are top tier. I have full confidence that we would not have had the same level of success had we not partnered with them. For those looking for a team that differentiates themselves, James Strum and the Strum Group is the obvious choice!”

Scott McConnell · Powhatan, VA

Photo of The Strum Group
Long & Foster Real Estate Long and Foster
“It was a pleasure working with Debra. Her approach to getting my house sold quickly and for the best price was just what I needed. She easily navigated the many obstacles that came up during the process and her knowledge and experience really made the difference. I felt very much at ease knowing Debra was on the job.”

Darren Wright · Dumfries, VA

Photo of Debra McElroy
Century 21 New Millennium
“a excelent realtor. very profecional”

Marcial Flores · Woodbridge, VA

Photo of Alfonso Torres
Carrington Real Estate
“It was my pleasure working with you Daniel. You listened to my concerns and responded positively. Thank you”

Cecilia Doe · Beltsville, MD

Photo of The Washingtonian Group
Real Living Real Estate RLAH @properties
“We were so happy we picked Karen as our realtor. The only realtor that told us Virginia is a buyer beware state. The process is long and Karen has the patience and flexibility to work with you. We received excellent customer service and highly recommend her for all your realtor needs. Thank You, Karen for helping us find our new home.”

Joe & Denise · Glen Allen, VA

Photo of Karen Dailey
Century 21 Realty @ Home
“I cannot recommend Lindsay enough. She was always available to answer my questions, kept me updated throughout the entire process, and made what could have been a stressful experience feel smooth and manageable. She genuinely cared about helping me find the right home and was there every step of the way. I am extremely grateful for all of her hard work and would not hesitate to work with her again or recommend her to my family and friends.”

Edwin Martinez · Woodbridge, VA

Photo of Lindsay Summa
NextHome Mission
“Carla is a seasoned agent with a wealth of knowledge in the Northern Virginia area. We worked with her in the past, both buying and selling homes. We were extremely happy throughout the process then, and on the recent sale of our home. She is the only agent I would use going forward should the need arise. Thank you Carla!!”

Diane Peters · Manassas, VA

Photo of Carla Unterkofler
Century 21 New Millennium
“Nick was great to work with! He was very personable and easy going. He made time for every home we wanted to see at the exact times we wanted to see it. He stuck with us even after a 6 month lull in looking at homes. I would consider Nick not only a professional, but he has become a friend.”

Jacob and Sarah · Louisa, VA

Photo of Nick Hill
Century 21 New Millenium

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Smyth County. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.