If you need assistance, please call 479-308-8380

Fort Smith Market Report

$399,958

AVERAGE PRICE OF 420 HOMES

$352,800

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,078,516

AVERAGE PRICE OF 27 MULTI-MILLION DOLLAR HOMES

$467,409

AVERAGE PRICE OF 83 NEWLY BUILT HOMES

$1,003,907

AVERAGE PRICE OF 31 HOMES WITH A POOL

$236,849

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $399,958
Avg Bedrooms 2.28 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $149,000
2 bedrooms $273,617
3 bedrooms $296,076
4 bedrooms $760,115
5 bedrooms $1,246,130
Fort Smith Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 432 422 411 39 34
Average Price $404,767 $411,054 $401,481 $662,280 $595,728
Avg Price Change -1.55% +2.38% -64.96% +11.17% -10.84%
Median Price $241,663 $247,046 $247,728 $370,874 $382,260
Med Price Change -2.23% -0.28% -49.71% -3.07% +1.14%
Avg Bedrooms 2.27 beds 2.1 beds 2.12 beds 1.94 beds 2.27 beds
Avg Bathrooms 1.98 baths 1.83 baths 1.79 baths 1.87 baths 2.12 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Greenwood 57 $380,059 59 days
Hackett 1 $75,000 53 days
Northside 116 $212,973 52 days
Norwood 1 $119,500 39 days
Southside 175 $449,441 46 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 420 $399,958 110 days
Distressed Homes 5 $352,800 81 days
Multi-Million Dollar Homes 27 $2,078,516 164 days
Newly Built Homes 83 $467,409 48 days
Homes with a Pool 31 $1,003,907 113 days
Reduced Price Homes 12 $236,849 36 days
Sudar Group
9111 R.A. Young Jr. Drive
Fort Smith, AR 72908
479-308-8380

IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Provided Courtesy of Northwest Arkansas Board of Realtors® MLS. Information Is Believed To Be Accurate But Not Guaranteed. Copyright © 2023 Northwest Arkansas Board of Realtors® MLS. All Rights Reserved. Database last updated June 4, 2023
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