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Market Intelligence · AR / Sebastian County

Fort Smith, AR home prices and housing market

5 ZIP markets liveData updated September 2026Typical value$230K1-yr changeUp2.4%

The typical home value in Fort Smith, AR is $230K as of September 2026, up 2.4% from a year ago, based on the Zillow Home Value Index. In the typical Fort Smith ZIP code, the median list price is $266K and homes spend a median of 55 days on market as of September 2026 (Realtor.com).

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The coverage

Fort Smith, by the numbers.

Typical home valueZillow ZHVI, September 2026
$230K
1-yr changeMedian across Fort Smith ZIPs
+2.4%
ZIP markets live13 tracked in Fort Smith
5
County
Sebastian County

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12-month value trend

+2.4% over 12 months

Typical home value in Fort Smith over the last 12 months: $224K in Sep 2025 to $230K in Sep 2026 (+2.4%).

Sep 2025$224K

Sep 2026$230K

Median Zillow home value index across Fort Smith's ZIP codes.

Context

In Fort Smith, the typical home value stands at $229,923, up 2.4% over the past year as of September 2026. The market has 377 homes for sale with a median list price of $266,175, while new listings reached 130 in that same period. Homes are spending a median of 55 days on market, and about 21.3% of listings have seen a price cut. These figures suggest a market where sellers still have options, but buyer interest is measured. If you're considering selling, you have reasonable inventory on your side, though the number of price reductions signals that pricing strategy matters.

The numbers

What is the housing market like in Fort Smith, AR?

Typical home value

$230K

Up2.4%YoY

Median list price

$266K

Days on market

55

Homes for sale

377

Price cuts

21.3%

New listings

130

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Fort Smith's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Fort Smith, AR home prices over time

Typical home values in Fort Smith, AR are up 2.4% over the past year, from $224K in September 2025 to $230K in September 2026.

Typical home value in Fort Smith, AR, September of each year
MonthTypical value1-yr change
September 2026$229,923+2.4%
September 2025$224,494No prior year

Typical value is the median Zillow Home Value Index across Fort Smith ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Fort Smith, AR a buyer's or seller's market?

Fort Smith, AR leans toward a buyer's market.

Homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 55 days on market and 21% of listings with a price cut in the typical Fort Smith ZIP code, and 130 new listings against 377 active listings across Fort Smith, as of September 2026 (Realtor.com).

The outlook

Fort Smith housing market forecast 2027

+1.3%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 5 Fort Smith ZIP codes, points to typical home values rising 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in Fort Smith rose 2.4%, per the Zillow Home Value Index.

Will home prices drop in Fort Smith?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Fort Smith shows typical home values rising 1.3% by September 2027, after a 2.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 5 Fort Smith ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Fort Smith ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 13 Fort Smith ZIP codes in total; the remaining 8 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Fort Smith, AR home prices.

How much is a typical home worth in Fort Smith?

The typical home value in Fort Smith is $229,923, which represents a 2.4% increase over the past year as of September 2026.

How long do homes typically take to sell in Fort Smith?

Homes in Fort Smith spend a median of 55 days on market as of September 2026.

What percentage of Fort Smith listings have had a price reduction?

As of September 2026, 21.3% of listings in Fort Smith have seen a price cut.

Are home prices going up or down in Fort Smith, AR?

Typical home values in Fort Smith, AR are up 2.4% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Fort Smith, AR a buyer's or seller's market?

Fort Smith, AR leans toward a buyer's market. Homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 55 days on market and 21% of listings with a price cut in the typical Fort Smith ZIP code, and 130 new listings against 377 active listings across Fort Smith, as of September 2026 (Realtor.com).

Nearby markets

More Arkansas housing markets.

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