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Market Intelligence · AR / Fort Smith

Fort Smith, AR 72903 Housing Market

The typical home in Fort Smith's 72903 ZIP code is worth $239,919, up 2.1% over the past year as of September 2026. The median list price stands at $320,100, and homes are taking a median of 54 days to sell. That points to a market with modest value gains and a measured pace.

Updated September 2026Median value$240K

The median home value in Fort Smith, AR 72903 is $240K as of September 2026, up 2.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with 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

+2.1% over 12 months

Typical home value in 72903 over the last 12 months: $235K in Sep 2025 to $240K in Sep 2026 (+2.1%).

Sep 2025$235K

Sep 2026$240K

The numbers

What is the 72903 housing market like?

Typical home value

$240K

Up2.1%YoY

Median list price

$320K

Down3.1%MoM

Days on market

54

Down8.5%MoM

Homes for sale

101

Up8.6%MoM

Price cuts

23.5%

Up9.0%MoM

New listings

32

Down20.0%MoM

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

The outlook

72903 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 72903 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 72903 rose 2.1%, per the Zillow Home Value Index.

Will home prices drop in 72903?

Zillow's forecast does not call for a drop: it expects typical home values in 72903 to rise 1.7% by September 2027, after a 2.1% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 72903 home prices compare?

  • 72903$239,919
  • Fort Smith$229,923
  • Arkansas$186,853
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Fort Smith: 5 ZIPs; Arkansas: 305 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 101 homes for sale in 72903, with 32 new listings coming on the market. The median list price is $320,100, above the typical home value of $239,919. Homes sit for a median of 54 days before selling, and 23.5% of active listings have had a price cut. Values are up 2.1% over the past year, so the market is growing but not fast. For a seller, the honest read is that pricing needs to be realistic, because over a fifth of sellers have already had to lower their ask.

Monthly payment

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20% · $47,984

Common questions

What people ask us.

How much is a home in 72903 worth?

The typical home value in 72903 is $239,919 as of September 2026, up 2.1% over the past year.

How long does it take to sell a home in 72903?

Homes in 72903 spend a median of 54 days on the market as of September 2026. About 23.5% of listings have had a price cut.

How many homes are for sale in 72903?

There are 101 homes for sale as of September 2026, with 32 new listings added. The median list price is $320,100.

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