Photo: Ken Lund from Reno, Nevada, USA · CC BY-SA 2.028 homes sold in Smith Valley in the last year, at a typical $691K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Smith Valley homes are listed.
Every place Smith Valley homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Smith Valley.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Smith Valley’s sales, at a typical $691K
28 homes sold in the year to May 2026.
typical sale · 28 sold in 12 months
- Per square foot
- $313NV $269
- Days to sell
- 210
- Sold over asking
- 7%
- Listings with a price cut
- 25%
About as many homes sell as usual, at twice the 2016 price
28 sales in the last year, against 40 in 2018 and a low of 22 in 2023. The typical sale went from $341K in 2016 to $691K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $700K buys in Smith Valley
Check a listing against what Smith Valley homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Smith Valley are back to pre-pandemic levels, with about as many homes for sale
We read every month of Smith Valley’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 28 sales.
If you’re buying in Smith Valley
- Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- You can negotiate. 25% of listings have cut their price, against 16% before the pandemic.
- Offer under asking. Buyers paid 95.2% of the list price on average; 7% paid over.
- You’ll usually have time. Only 15% of homes go under contract within two weeks; the typical one takes 210 days.
Spring brings the homes; winter brings the bidding wars
May has the most new listings (about 5 a month), but January is the most competitive: 27% of January sales close over asking. March and April offer nearly as much choice with fewer homes bid up (4%). April has the least competition (0%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Nevada
| Smith Valley now | 2017–19 | 2021 peak | NV now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 7% | 11% | 24% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 15% | 15% | 31% | 27% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | 16% | 10% | 25% |
| Price paid vs. askingAverage sale price ÷ list price | 95.2% | 96.2% | 97.6% | 98% |
| Days to sellMedian days from listing to contract | 210 | 162 | 77 | 63 |
16 homes for sale on a typical day
That’s 1.9 times the 2023 low (9), about the 2017–19 level and well under 2015’s 24.
1 in 4 listings has cut its price
25% in the last year, against 16% in 2017–19 and 25% across Nevada. More sellers are pricing high and coming down.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Smith Valley home costs about $3,894 a month
Price: Smith Valley’s typical sale, last 12 months. Property tax at Smith Valley’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Smith Valley is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. November has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $691K home, about $3,470 a year.
Taxes vs. neighborsSchools
The schools grade for Smith Valley, from test results, graduation and how much students grow.
Schools in Smith ValleyTypical commute
The average one-way trip to work for people who live in Smith Valley.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Yerington and Minden sell for less a square foot; East Valley for far more
The busier markets within 25 miles of Smith Valley, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Gardnerville Ranchos | 160 | $563K | $345 | 17% | 61 |
| Minden | 147 | $593K | $303 | 13% | 64 |
| Gardnerville | 77 | $541K | $341 | 6% | 68 |
| Yerington | 32 | $312K | $218 | 22% | 94 |
| Smith Valley | 28 | $691K | $313 | 7% | 210 |
| East Valley | 24 | $1.2M | $477 | 21% | 115 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Smith Valley, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Smith Valley. People who follow the town see it, and so do people comparing Smith Valley with their own town. No commission, no listing fee.
Questions about buying a home in Smith Valley
What do homes sell for in Smith Valley, NV?
28 homes sold in the year to May 2026 at a typical $691K, $313 a square foot.
Is Smith Valley a buyer’s or seller’s market?
A seller’s market: 11 homes were for sale in May 2026 and 6 sold, about 1.8 months of supply. Buyers paid 95.2% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Smith Valley?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Smith Valley?
About 0.5% of a home’s value a year. On a $691K home that’s near $3,470.
Where can I see homes for sale in Smith Valley?
Zillow, Redfin, Realtor.com and Homes.com all carry Smith Valley’s MLS listings; the search links above open each one filtered to Smith Valley.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).