37184 — Smith County, Tennessee Market Snapshot
Housing market data for zip code 37184 in Smith County, Tennessee. Updated monthly with median prices, days on market, and more.
Market Sales Data
20 sales in 2026 (year to date)
Median Sale Price
$377,400
Days to Sell
70
Homes Sold
20
Inventory
22
Sale-to-List
96.4%
New Listings
21
Price/SqFt
$251
Pending Sales
21
Conforming Loan Available
Most homebuyers in 37184 can comfortably use conventional financing. The median home price of $377,400 is well below the 2026 conforming loan limit of $1,029,250, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 70 days on average, 37184 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 37184 sells for 3.6% below asking price (96.4% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 37184 can comfortably use conventional financing. The median home price of $377,400 is well below the 2026 conforming loan limit of $1,029,250, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 37184 are set at the county level.
2026 Loan Limits — Smith County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $1,029,250 | $1,029,250 |
| 2 Units | $1,317,650 | $1,317,650 |
| 3 Units | $1,592,700 | $1,592,700 |
| 4 Units | $1,979,350 | $1,979,350 |
Affordability Snapshot — Zip 37184
To purchase the median home at $377,400 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,042.
Monthly Payment
$3,042
Income Required
$130,351
Principal & Interest
$2,325/mo
Down Payment (5%)
$18,870
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 37184.
Estimated Monthly Payment
$2,486
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