Fort Smith - AR housing market
The Fort Smith metro has a typical home value of $205,554, up 4.6% from a year ago. Homes sell in 37 days on average - a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($205,554) is the Zillow Home Value Index for the Fort Smith - AR metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 4.6% over the past year. In Fort Smith - AR, that means a home worth $196,514 last year is now worth roughly $205,554.
The median sale price , what homes actually close for , is $207,466. Homes are selling at 96.9% of list price, meaning buyers have room to negotiate.
Homes listed in Fort Smith - AR sit on the market for roughly 37 days before going pending. Shorter = seller's market; longer = buyer's market.
About 22.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 275 new listings hit the market each month in Fort Smith - AR. There are currently 1,223 homes for sale, up 14.8% from a year ago.
The typical monthly rent in Fort Smith - AR is $1,021, up 5.0% year over year. For investors, the price-to-rent ratio here is roughly 17x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in AR
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Little Rock - AR | $231,039 | +3.5% | 36.0d |
| Fayetteville - AR | $368,497 | +3.1% | 20.0d |