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Housing in Smithville · A buyer's market

A typical Smithville home is worth roughly $363,000

Homes typically sell in 55 days, close to asking.

Typical home value
$363K
▲ 11.6% in a year · NJ $454K
Estimate
Median sale price
$284K
May 2026 · Redfin
Days on market
55
Slower than NJ (35)
Sale-to-list
99.3%
Homes sell near asking
Homes sold
12
in May · 96 for sale
2-bedroom rent
$2,120
a month, utilities in · HUD
Median tax bill
$5,983
NJ $9,590

What kind of housing town is Smithville?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 77% in 5 years

The federal house price index for the ZIP code around Smithville rose 77% over the past 5 years, faster than across New Jersey (63%). Last year prices rose 12%. Carrying the Census median home value forward with that index puts the typical Smithville home at roughly $363,000 today.

Smithville areaNew Jersey
0%+50%+100%+150%+200%200020052010201520202025
+12%
past year
+77%
past 5 years
+98%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $363K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Smithville, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Market temperature

A buyer's market

More homes are for sale than are selling — about 8 months of supply. Buyers have room to negotiate.

Buyer’s marketA buyer's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

8
months of supply · NJ 3.3
55
days to sell · NJ 35
99.3%
of asking price, at sale
41.7%
sold above asking
25%
under contract within 2 weeks
29
new listings in May

Redfin Data Center, all residential sales, May 2026.

Affordability

A typical home costs 4.7 years of income

About the same as across New Jersey. Try your own numbers below.

You could afford about
$259,000
Typical Smithville home $363K

That’s $104K short of a typical Smithville home.

The typical home, each month
$2,550
Loan $1,800Tax $650Insurance $110

A two-bedroom rents for about $2,120 a month here, $430 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Smithville’s typical property tax (2.14% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $2,120

Renters already here pay a median of $1,507, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,530
1 bedroom$1,750
2 bedrooms$2,120
3 bedrooms$2,940
4 bedrooms$3,240
22%
of households rent · NJ 36%
1,012
renter households
57%
of renters spend 30%+ of income on rent · NJ 52%
33%
of the median income, for a two-bedroom
$1,507
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Atlantic City-Hammonton, NJ HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

78% of Smithville households own their home

Half of Smithville’s homes were built before 1989.

Owners and renters
Own 78%Rent 22%

New Jersey: 64% own.

1989
typical home built · NJ 1970
$5,983
median property tax bill · NJ $9,590
2.14%
of a home’s value, a year in tax · NJ 2.11%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Smithville vs. its neighbors

Smithville is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Smithville$363K*+11.6%†$2,120—$77,579
Oceanville$253K*+11.6%†$2,120—$168,190
Galloway$299K*+8.9%†$2,15035$91,229
Port Republic$441K+2.2%$2,1903$123,438
Leeds Point—+11.6%†$2,120——

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Smithville buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Smithville is a buyer's market. Is that what you’re seeing?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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