75771 — Smith County, Texas Market Snapshot
Housing market data for zip code 75771 in Smith County, Texas. Updated monthly with median prices, days on market, and more.
Market Sales Data
132 sales in 2026 (year to date)
Median Sale Price
$324,950
Days to Sell
78
Homes Sold
132
Inventory
238
Sale-to-List
96.5%
New Listings
223
Price/SqFt
$184
Pending Sales
170
Conforming Loan Available
Most homebuyers in 75771 can comfortably use conventional financing. The median home price of $324,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 78 days on average, 75771 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 75771 sells for 3.5% below asking price (96.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 75771 can comfortably use conventional financing. The median home price of $324,950 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 75771 are set at the county level.
2026 Loan Limits — Smith County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 75771
To purchase the median home at $324,950 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,640.
Monthly Payment
$2,640
Income Required
$113,128
Principal & Interest
$2,002/mo
Down Payment (5%)
$16,248
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 75771.
Estimated Monthly Payment
$2,161
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