East Texas Housing Market Update | August 2026

Smith County, TX Real Estate Market Report: August 2026



Smith County enters late summer with substantial residential inventory and a meaningful pipeline of homes already under contract. The current market report shows 422 active residential properties and 80 properties under contract, giving buyers a broad selection while also showing that homes are continuing to move through the market.

Active Homes

422

residential properties currently active in Smith County.

Average List Price$520,807
Average Size2,396 sq. ft.
Average Price/Sq. Ft.$203

The typical active property in the report has about 3 bedrooms and 2 bathrooms.

Under Contract

80

residential properties currently under contract in Smith County.

Average List Price$440,757
Average Size2,234 sq. ft.
Average Price/Sq. Ft.$193

The typical property under contract has about 3 bedrooms and 2 bathrooms.

What the August Numbers Suggest

The relationship between active inventory and homes under contract provides useful context. The 80 properties under contract equal roughly 19% of the current active-property count. This is not a formal absorption-rate calculation because the supplied report does not provide a closed-sales count for the period, but it does show a substantial amount of transaction activity alongside the 422 homes currently available.

Pricing also differs between the two groups. Active properties average approximately $520,807, compared with $440,757 for properties under contract. That is a difference of about $80,050, or roughly 15%. The active inventory also averages 2,396 square feet versus 2,234 square feet under contract, so the price difference should not be interpreted as a direct measure of price reductions or appreciation.

Smith County Buyers Have Choices Across Multiple Price Points

The Smith County inventory spans a wide range of property types and price levels. The first page of the supplied active-property report includes homes priced from the low seven figures into the multi-million-dollar range, while the overall active inventory averages $520,807. Buyers comparing Tyler, Bullard, Flint, Lindale, Whitehouse and surrounding communities should look beyond countywide averages and examine the report for the specific city and property type that matches their search.

View the live Smith County residential market report for the latest available inventory and market data.

Explore Smith County and Tyler-Area Market Reports

Real estate conditions can change considerably from one East Texas community to another. Use the individual market reports below to compare current residential activity in communities throughout the Smith County area.

What Sellers Should Watch

With 422 residential properties currently competing for buyers, presentation, pricing and online visibility remain important. Sellers should compare their property with homes that are actually competing for the same buyers—not simply the countywide average. The 80 properties already under contract demonstrate that buyers are active, but the difference between active and under-contract pricing reinforces the importance of evaluating location, size, condition, amenities and competing inventory before choosing a list price.

What Buyers Should Watch

For buyers, the current inventory creates opportunities to compare neighborhoods, price ranges and property features before making a decision. At the same time, 80 homes are already under contract, so desirable properties can still attract buyers. Monitoring a live market report is more useful than relying on a one-time snapshot because listings can enter or leave the market throughout the month.

Buying or Selling in Tyler or Smith County?

Bob McCranie
Texas Pride Realty Group - HomeSmart Stars
Phone: 972-754-0582
Email: bobmccranie@gmail.com
Website: www.TodaysEastTexas.com

Contact Bob to discuss how current Smith County inventory and buyer activity may affect your East Texas real estate plans.

Data note: Market statistics in this article were taken from the supplied Smith County residential market-report snapshot. The source shows active and under-contract inventory; it does not provide a closed-sales section in the supplied file. Live report values may change as listings are updated.