Smith Valley, NV · Market Data

Smith Valley, Nevada real estate market data.

Real estate market data for Smith Valley, NV (Lyon County) — Census median home value $691,900, county listing prices up about 6.8% over the past year.

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Smith Valley, NV is in Lyon County, Nevada — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 1,618, with a median household income of $48,194. Census data puts Smith Valley's median home value at $691,900 (all owner-occupied homes); Lyon County's current median listing price runs $485,339, up about 6.8% over the past year.

At a glance

Smith Valley market snapshot

Population

1,618

Median Household Income

$48,194

Median Home Value (city)

$691,900

Median Listing Price (Lyon County)

$485,339

Median Gross Rent

$-666,666,666/mo

Price Trend (YoY)

+6.8%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Smith Valley

What makes Smith Valley different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Smith Valley's median home value — across all owner-occupied homes, not just recent sales — at $691,900. Separately, Lyon County's current median listing price (via Realtor.com data, 2026-06-01) runs $485,339. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Lyon County's FHFA house price index shows a 2.36% annual change in 2025.

Population & Income

Smith Valley has an estimated population of 1,618 and a median household income of $48,194, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Smith Valley's Census-reported median home value works out to about 14.4x the area's median household income, and median gross rent runs roughly -16599577% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Smith Valley FAQ

What are home values like in Smith Valley, NV?

The Census Bureau's American Community Survey puts Smith Valley's median home value at $691,900. Lyon County's current median listing price runs $485,339, up about 6.8% over the past year.

What is the population of Smith Valley, NV?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Smith Valley's population at approximately 1,618.

What's the median rent in Smith Valley, NV?

The Census ACS estimates median gross rent in Smith Valley at approximately $-666,666,666 per month.

What is the median household income in Smith Valley, NV?

Census ACS data puts the median household income in Smith Valley at approximately $48,194.

Is the Smith Valley housing market growing?

Lyon County's FHFA house price index shows a 2.36% annual change in 2025.

Is Smith Valley, NV affordable relative to income?

Census ACS data puts Smith Valley's median home value at about 14.4 times the median household income, with median gross rent equal to roughly -16599577% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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