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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 →


Trusted by over 500,000 buyers and sellers.

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

“It was great to once again work with Debra Mcelroy to find a new house. She had previously helped me find my first house in Virginia and this year, she helped me sell that house and purchase a new one. Because of my previous experience with her, I didn't even consider any other agents. And that decision paid off tremendously. She sold my house quickly and for a great price, then help me successfully win the bidding on the house I really wanted to purchase. Throughout the process, she was always on top of things and always available to respond to my questions. Her knowledge and experience were evident throughout and made the difference in several difficult situations.”

Darren Wright · Woodbridge, VA

Photo of Debra McElroy
Century 21 New Millennium
“Mike was knowledgeable about the area and understanding what was important to get our property sold. We had a very unique property that he was able to market and price very well. He was extremely efficient and helpful in the entire process, even before we officially decided to work with him, he took time to research and inform us on tax status that we were unaware of in order to successfully accomplish the goal of selling our property. He was patient but also urgent in his communication and helping us everything needed to reach our goal. We would definitely work with him again and refer him to others! 10/10 highly recommend!”

Darrell Bond · Kingsport, TN

Photo of Creation Properties
Century 21 Legacy
“Gurdeep did an exceptional job as our realtor. We were first time homebuyers and she made sure that we had all the information we needed throughout the process. The sellers gave us a tight timeline to close and she worked proactively with the inspectors and loan company, even on weekends, to make sure deadlines were hit. We had a smooth closing and she has also given us great contractor recommendations. Thank you Gurdeep!”

Megan Andersen · Alexandria, VA

Photo of Gurdeep Mangat
Century 21 New Millennium
“Regina was easy to work with always answering my calls, and explaining all my questions. Thank you for all your help!”

Rusty and Tania · Hiwassee, VA

Photo of Regina Piland
Century 21 Valley Real Estate
“Working with Marvin James was very smooth and easy being this was my first time purchasing a home everything was quick and if I had any questions he was quick to answer them for me.”

Matt R · Wingina, VA

Photo of Marvin James
eXp Realty
“Bree was amazing to work with as first-time home buyers! She made the entire process easier, answered all of our questions, and was always there to help us along the way. We’re so grateful to have had her help finding our first home and would absolutely recommend her to anyone!”

Scout · Powhatan, VA

Photo of Bree Cox
Century 21 Realty at Home
“Pam Milan is truly one of the best real estate agents I have ever worked with. From the very beginning, she was so caring, patient, and supportive throughout both the sale of my home and the purchase of my new home. She was always available to answer my questions, no matter how many I had, and she made a stressful process so much easier for me. I truly appreciate all the time, effort, and care she put into helping me. She is professional, knowledgeable, trustworthy, and genuinely cares about her clients. I highly recommend Pam to anyone who is buying or selling a home. You will be in great hands with her!”

Afrooz Pour · Fairfax Station, VA

Photo of Pam Milan
Century 21 Century21 New MILLENNIUM
“Sara Andrews Hart is a professional realestate agent who deeply cares about her clients and works tirelessly on their behalf. Communication is an exceptionally strong suit as realestate transactions are multifaceted and can be complicated. She navigates challenges that arise and has a plethora of resources to handle them; therefore, allievating much stress for home sellers. She is highly recommended.”

Sandra · Virginia Beach, VA

Photo of Sara Andrews Hartz
The Real Estate Group
“Professional and easy to work with”

Herb Cross · Chesapeake, VA

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
“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
“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
“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
“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

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.