Sep 2026
$230K
+2.4% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Fort Smith, AR housing market
Fort Smith, AR metro median sale price $230K in Sep 2026, up 2.4% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Fort Smith, AR metro is $230K as of Sep 2026, up 2.4% from a year earlier. That change sits near the middle of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro agrees within 0.8 points (up 3.2% through Q2 2026).
Fort Smith has the lowest median sale price of the five Arkansas metros Pecan Street tracks ($230K); Jonesboro ($236K) is next. On median days on market, Fort Smith (64 days) ranks 4th of the five Arkansas metros, between Jonesboro (66 days) and Little Rock (54 days). On share of listings with a price cut, Fort Smith (27%) ranks 3rd of the five Arkansas metros, between Little Rock (35%) and Hot Springs (25%).
Listings spent a median 64 days on market in Sep 2026, more than in most of the 385 metros. 27% of active listings carry a price cut, 1.0 points more than a year earlier. That share is lower than in most of the 385 metros. Median asking prices sit about 14% above the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,263 a month; at 28% of gross income, that takes about $54K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio down 2.1% from a year earlier. That ratio is lower than in most of the 373 metros. Active listings ask a median $146 per square foot, up 0.7% from a year earlier.
In seven of the 12 ZIP codes in the table below, median list prices are higher than a year earlier; five are lower.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,263/mo
$54K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Fort Smith compares to other U.S. metros
| Asking-vs-sale gap | ↑10th of 292 (top 4%) |
|---|---|
| Price cuts | ↓340th of 385 |
| Days on market | ↑128th of 385 (top 34%) |
| Price-to-rent | ↓242nd of 373 |
| Home-price growth | 183rd of 383 (top 48%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 -2.1% YoY ↓242nd of 373 |
|---|---|
| Asking price / sq ft | $146 +0.7% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 27% +1.0 pts YoY ↓340th of 385 |
|---|
The median asking price $262K runs about 14% above the median sale price $230K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 30 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.8ppRedfin (metro) +2.4% | FHFA HPI · Q2 2026 +3.2% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in AR
Track Fort Smith, AR with Pecan Street
The signals on this page are a snapshot of what we surface to agents every morning. Free trial, no credit card.
Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 72901 | $180K↑ | 78↓ | 24↑ | 22↑ | 65↑ | $133K↑ |
| 72903 | $320K↑ | 101↓ | 32↑ | 34↑ | 54↓ | $240K↑ |
| 72904 | $153K↓ | 55↑ | 22↑ | 12↓ | 55↑ | $110K↑ |
| 72908 | $266K↓ | 60↑ | 24↑ | 20↑ | 54↑ | $230K↑ |
| 72916 | $409K↑ | 83↑ | 28↑ | 22↑ | 69↑ | $321K↑ |
| 72921 | $352K↑ | 48↓ | 18↓ | 14↑ | 79↑ | $254K↑ |
| 72923 | $245K↓ | 31↓ | 8↓ | 8↓ | 61↑ | $197K↑ |
| 72936 | $322K↓ | 62↓ | 22↑ | 22 | 64↓ | $242K↑ |
| 72956 | $245K↑ | 96↓ | 34↓ | 38↓ | 49↓ | $210K↑ |
| 74948 | $339K↓ | 50↑ | 10↑ | 10 | 63↓ | $192K↑ |
| 74954 | $224K↑ | 30↑ | 4 | 6↓ | 66↓ | $185K↑ |
| 74955 | $247K↑ | 76↑ | 16↓ | 18↑ | 61↑ | $182K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.