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 HOMESAverage 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 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 |
