Abdul Sattar, a grocery shop owner, told the Associated Press news agency earlier that he had counted more than 60 dead and 150 injured after the bombings.
"Some did not have heads, hands or legs," Sattar said.
Residents of the village, about 4km from the town of Mir Ali where the fighting has been centred, said they were continuing to pull bodies from the rubble. 'Militant targets'
"The strikes were conducted on militant targets and 50 militants were killed," Major General Waheed Arshad, a military spokesman, said on Wednesday.
The tribal fighters were using civilian homes to launch attacks on the security forces, he said.
Security officials in the northwestern city of Peshawar said that another 50 fighters linked to the Taliban and al-Qaeda had been killed in Tuesday's attacks and a similar number wounded.
Thousands of families on Tuesday fled Mir Ali - the region's second largest town with about 50,000 inhabitants - and outlying villages, making their way on foot, in tractor trailers and cars.
Al Jazeera's Kamal Hyder in Islamabad said the entire area had been cut off for about one week.
"There are no supplies getting in, we are told there are water shortages, we are told there is no electricty in the area. It is a desperate situation indeed," he said.
"People are evacuating their wounded on beds. They are carrying those beds four people at a time, walking over very large stretches of territory, 50km sometimes, just to get to the nearest medical facility."