Housing Prices in Fort Smith, AR
How much do homes in Fort Smith, AR cost?
Median List Price
$240,000
$129/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Fort Smith was $240,000 in March 2024, up 23.1% from the previous year, and the median price per square foot was $129.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.5K | $70K | +3.7% |
2 Bedrooms | $99K | $105K | +6.1% |
3 Bedrooms | $180K | $199.9K | +11.1% |
4 Bedrooms | $295K | $420.4K | +42.5% |
5+ Bedrooms | $599K | $770K | +28.5% |
Summary: Fort Smith housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes increased by 28.5%.
Median List Price Compared To Nearby Cities
Fort Smith | $195K | $240K | +23.1% |
Upper Township | $165K | $189K | +14.5% |
Marion Township | $414.9K | $270K | -34.9% |
Housing Supply in Fort Smith, AR
How many homes are available in Fort Smith, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Summary: The Fort Smith real estate market had 23 homes for sale in March 2024, a 15.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Fort Smith housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 33.3%.
Days on Market for Fort Smith, AR
How long does it take to sell a home in Fort Smith, AR?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 89 Days | +11.4% |
Summary: Homes in Fort Smith had an average listing age of 89 days in Mar 2024, up by 11.4% compared to the previous year.