The Fort Smith housing market is somewhat competitive. The median sale price of a home in Fort Smith was $191K last month, down 3.8% since last year. The median sale price per square foot in Fort Smith is $124, up 12.2% since last year.
What is the housing market like in Fort Smith today?
In October 2024, Fort Smith home prices were down 3.8% compared to last year, selling for a median price of $191K. On average, homes in Fort Smith sell after 25 days on the market compared to 32 days last year. There were 107 homes sold in October this year, up from 94 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$190,750
-3.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Fort Smith, AR
$190,750
-3.8%
United States
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How hot is the Fort Smith housing market?
Fort Smith is somewhat competitive. Homes sell in 25 days.
0
100
64
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 25 days.
Hot homes
can sell for around list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Fort Smith housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Fort Smith.
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Fort Smith has a moderate risk of flooding. 2,878 properties in Fort Smith are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Fort Smith. Flood risk is increasing slower than the national average.
72% of properties are at risk of wildfire over the next 30 years
Fire Factor
Fort Smith has a moderate risk of wildfire. There are 26,095 properties in Fort Smith that have some risk of being affected by wildfire over the next 30 years. This represents 72% of all properties in Fort Smith.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Fort Smith has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Fort Smith is most at risk from hurricanes. 35,896 properties in Fort Smith have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 59 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 68 mph.