Fort Smith - AR housing market
The Fort Smith metro has a typical home value of $204,837, up 4.6% from a year ago. Homes sell in 37 days on average, a balanced market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($204,837) 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 $195,829 last year is now worth roughly $204,837.
The median sale price, what homes actually close for, is $211,626. Homes are selling at 97.1% 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 22.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 285 new listings hit the market each month in Fort Smith - AR. There are currently 1,235 homes for sale, up 5.2% from a year ago.
The typical monthly rent in Fort Smith - AR is $1,065, up 4.0% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 16.0x, toss-up (#122 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,053 a month in principal and interest, $12 less than renting before taxes, insurance and upkeep. The two break even at a 6.77% rate.
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.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →
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Other metros in AR
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Little Rock - AR | $231,278 | +3.7% | 35.0d |
| Fayetteville - AR | $368,527 | +3.0% | 29.0d |