According to Smith County Appraisal District most properties in Smith County have risen in value.  A strong 2015 year.  The median sale price for homes in Smith County reached $165,000, the highest level in recent years.  Comes out to a 4.12% increase in values.  Bullard saw the highest climb at 10.52%.  Several smaller areas dropped a bit, but should pick up as the market rises and with interest rates still LOW now is the time to buy and/or sell.  The oil patch problems have been relatively mild according Michael Barnett, chief appraiser for Smith County.