Smith County, Texas home prices
Typical home $267,840 · -0.3% in a year · property tax 1.16%
The typical home in Smith County is worth $267,840, 10% less than the Texas typical home ($296,424). Values changed -0.3% in the past year and +21.3% over five years. Homeowners here pay a median 1.16% of their home's value in property tax each year ($3,120 on the typical home), versus 1.32% statewide.
Mortgage on the typical Smith County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $53,568 | $214,272 | $1,441 | $0 | $394 | $1,835 | $78,700 |
| 10% down | $26,784 | $241,056 | $1,622 | $100 | $394 | $2,116 | $90,700 |
| 5% down | $13,392 | $254,448 | $1,712 | $106 | $394 | $2,212 | $94,800 |
| 3.5% down (FHA) | $9,374 | $262,989 | $1,769 | $118 | $394 | $2,282 | $97,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.16% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Texas · part of the Tyler metro area.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Henderson County | $267,629 | -1.5% | 0.94% |
| Goliad County | $268,136 | +3.2% | 0.94% |
| Wood County | $270,056 | -1.8% | 0.88% |
| Burleson County | $265,577 | -0.5% | 0.95% |
| Robertson County | $270,893 | +2.7% | 1.01% |
| Hamilton County | $264,504 | +0.8% | 1.26% |
| Hunt County | $271,566 | -2.3% | 1.24% |
| Andrews County | $263,891 | +6.9% | 1.28% |
| Milam County | $263,672 | +1.1% | 0.99% |
| Randall County | $261,974 | +4.1% | 1.51% |
Frequently asked questions
What is the average home price in Smith County, TX?
The typical home value in Smith County is $267,840 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Smith County?
About $78,700 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Smith County?
The median effective rate is 1.16% of home value a year (Census ACS 2024 5-year estimates).