Housing Prices in Fort Smith, AR
How much do homes in Fort Smith, AR cost?
Median List Price
$254,950
$135/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Fort Smith was $254,950 in May 2024, up 28.1% from the previous year, and the median price per square foot was $135.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.5K | $72.5K | +7.4% |
2 Bedrooms | $104.5K | $110K | +5.3% |
3 Bedrooms | $195K | $202.5K | +3.8% |
4 Bedrooms | $300K | $405.9K | +35.3% |
5+ Bedrooms | $574.4K | $599K | +4.3% |
Summary: Fort Smith housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes increased by 4.3%.
Median List Price Compared To Nearby Cities
Fort Smith | $199K | $254.9K | +28.1% |
Upper Township | $179.5K | $205K | +14.2% |
Lon Norris Township | $269.9K | $297K | +10.0% |
Marion Township | $419.9K | $270K | -35.7% |
Housing Supply in Fort Smith, AR
How many homes are available in Fort Smith, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 24 | -4.0% |
Summary: The Fort Smith real estate market had 24 homes for sale in May 2024, a 4.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 12 | 13 | +8.3% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Fort Smith housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 20%.
Days on Market for Fort Smith, AR
How long does it take to sell a home in Fort Smith, AR?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
110 Days | 93 Days | -15.7% |
Summary: Homes in Fort Smith had an average listing age of 93 days in May 2024, down by 15.7% compared to the previous year.