Trends, Prices & What to Expect if You’re Buying or Selling a Home on Smith Lake

If you’ve been searching for Smith Lake homes for sale, or considering selling your Smith Lake real estate, this market update is for you. We’ve broken down the trends from the first four months of each year (2021–2025) to give you an inside look at where the market is headed—and what it means for buyers and sellers today.

📊 Smith Lake Listings: More Homes, More Opportunity

Over the past five years, the number of homes for sale on Smith Lake has grown significantly. This means more selection for buyers—and more competition for sellers.

• Active Listings (Jan-April):
  2021 – 100 | 2025 – 191
• New Listings (Jan-April):
  2021 – 127 | 2025 – 201
• Months of Inventory (Jan-April):
  2021 – 4.04 months | 2025 – 12.23 months

🔎 Translation? We’ve shifted from a strong seller’s market to a more balanced, buyer-friendly environment.

Smith Lake # of Listings

💰 Prices Remain High on Smith Lake

Despite the increase in inventory, Smith Lake home values have remained strong, with 2025 showing the highest average sold price on record.

• Average Active List Price (Jan – April of 2025): $1,161,482
• Average Sold Price (Jan – April of 2025): $996,306

Average Active List Price (Jan-April)

• 2021: $667,846

• 2022: $833,922

• 2023: $990,358

• 2024: $1,177,296

• 2025: $1,161,482

Average Sold Price (Jan-April)

• 2021: $614,907

• 2022: $924,054

• 2023: $821,736

• 2024: $845,707

• 2025: $996,306

This is great news for sellers—high demand for premium waterfront homes is still alive and well. And for buyers, it confirms that Smith Lake continues to be a smart long-term investment.

💵 Sales Volume: Big Numbers, Fewer Closings

Even with fewer transactions, the market is producing more dollar volume per sale.

• Homes Sold (Jan–Apr 2025): 59
• Total Sales Volume: $58.8M
• Average Sale Price: $996,306

Buyers are clearly willing to pay top dollar for the right property—especially waterfront homes with boat docks, views, and modern finishes.

🧭 What This Means for Buyers & Sellers

✅ Thinking About Buying on Smith Lake?

Now’s the time. Inventory is up, interest rates have stabilized, and you have more room to negotiate. Whether you’re searching for a lakefront vacation home, an investment property, or a primary residence on the water, 2025 offers opportunity.

👉 Browse current Smith Lake homes for sale »

✅ Ready to Sell Your Smith Lake Home?

The buyers are still out there—but you’ll need to stand out. High-end marketing, proper pricing, and local expertise will be key to success in today’s market.

👉 Get a free home value estimate »

🔑 Popular Searches for Smith Lake Real Estate

To help you find the right property or stay ahead of the market, here are some of the most searched phrases for Smith Lake real estate in 2025:

• Lakefront homes Smith Lake AL
• Smith Lake real estate market update
• Smith Lake lots for sale
• New listings on Smith Lake

📍 Work With Local Smith Lake Experts

At Lake & Coast Real Estate Co., we don’t just work here—we live the lake life too. Whether you’re buying or selling, we specialize in Smith Lake homes, lots, and luxury waterfront properties across Alabama.

✅ Local knowledge
✅ Expert negotiation
✅ Professional marketing
✅ Results-driven

📞 Let’s talk about your Smith Lake goals today.

Lake & Coast Real Estate Co.
Your trusted partner in Smith Lake and Gulf Coast waterfront property. Find your Latitude with Lake & Coast.
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