Market Intelligence · AR / Fort Smith

Fort Smith, AR 72916 Housing Market

The typical home value in Fort Smith's 72916 ZIP code is $323,878, up 0.8% over the past year. Homes are currently listed at a median price of $398,575 and spend a median of 72 days on the market before sale.

Updated August 2026Median value$321K

The median home value in Fort Smith, AR 72916 is $321K as of August 2026, up 1.0% 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 72916 range

$295K to $347K

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

+1.0% over 12 months

Typical home value in 72916 over the last 12 months: $318K in Aug 2025 to $321K in Aug 2026 (+1.0%).

Aug 2025$318K

Aug 2026$321K

The numbers

What is the 72916 housing market like?

Typical home value

$321K

Up1.0%YoY

Median list price

$399K

Up0.6%MoM

Days on market

72

Up18.0%MoM

Homes for sale

76

Down12.6%MoM

Price cuts

14.7%

Down33.6%MoM

New listings

20

Down23.1%MoM

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

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The comparison

How do 72916 home prices compare?

  • 72916$320,871
  • 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

The 72916 market shows moderate activity with 76 homes for sale and 20 new listings as of August 2026. The median list price of $398,575 sits notably above the typical home value of $323,878, suggesting many homes are priced with negotiation room. Properties are taking 72 days to sell on average, which indicates a balanced pace. With 14.7% of listings carrying a price cut, sellers should prepare for the possibility of negotiating down from initial asking prices.

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