Market Intelligence · AR / Fort Smith

Fort Smith, AR 72903 Housing Market

Fort Smith's 72903 ZIP shows modest appreciation, with typical home values at $241,812, up 2.9% over the past year. The median list price stands at $330,500, and homes are taking 59 days to sell on average.

Updated August 2026Median value$240K

The median home value in Fort Smith, AR 72903 is $240K as of August 2026, up 2.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 72903 range

$221K to $259K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.5% over 12 months

Typical home value in 72903 over the last 12 months: $234K in Aug 2025 to $240K in Aug 2026 (+2.5%).

Aug 2025$234K

Aug 2026$240K

The numbers

What is the 72903 housing market like?

Typical home value

$240K

Up2.5%YoY

Median list price

$331K

Down2.7%MoM

Days on market

59

Down16.9%MoM

Homes for sale

93

Up8.1%MoM

Price cuts

21.5%

Down1.3%MoM

New listings

40

Up66.7%MoM

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

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The comparison

How do 72903 home prices compare?

  • 72903$239,805
  • Fort Smith$229,937
  • Arkansas$192,057
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Fort Smith: 5 ZIPs; Arkansas: 305 ZIPs; United States: 26,265 ZIPs).

Context

There are 93 homes for sale in the area, with 40 new listings as of the start of August. About 21.5% of active listings have seen a price cut, suggesting sellers are adjusting to current conditions. With homes spending 59 days on market, this is a balanced market where neither buyers nor sellers have a strong upper hand. If you're considering selling, the modest year-over-year gains mean timing and pricing will matter more than waiting for appreciation.

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20% · $47,961

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