Fort Smith housing market: home prices, trends and forecast
For Fort Smith home prices, the Zillow Home Value Index placed the typical property in Fort Smith, Arkansas at $193,081 in September 2026. This was +2.7% above the prior year and −1.5% under the $195,946 peak reached in April 2026.
- Typical value of a home
- $193,081September 2026, Zillow ZHVI
- Change over 12 months
- +2.7% since September 2025.
Fort Smith home prices since 2000
In the chart, Fort Smith appears as the steel line, while the United States appears as the grey line. Across the months beginning January 2000, a typical home in Fort Smith moved from $98,218 to $193,081, or ×1.97. The US reached ×2.99 during those same months. The boom high was $135,525 in January 2008. The low was $121,624 in December 2013, a −10.3% change.
Fort Smith median home price by year
Each yearly figure averages the twelve monthly values. For 2026, the latest month is shown.
| Year | Fort Smith | Change on the year | United States |
|---|---|---|---|
| 2000 | $99,616 | $125,745 | |
| 2001 | $104,648 | +5.1% | $134,899 |
| 2002 | $108,362 | +3.5% | $144,276 |
| 2003 | $112,780 | +4.1% | $155,308 |
| 2004 | $115,878 | +2.7% | $169,891 |
| 2005 | $121,297 | +4.7% | $189,732 |
| 2006 | $129,041 | +6.4% | $206,531 |
| 2007 | $134,253 | +4.0% | $208,449 |
| 2008 | $134,883 | +0.5% | $195,574 |
| 2009 | $134,633 | −0.2% | $177,542 |
| 2011 | $126,645 | $162,508 | |
| 2012 | $125,770 | −0.7% | $161,137 |
| 2013 | $122,802 | −2.4% | $171,420 |
| 2014 | $122,327 | −0.4% | $182,996 |
| 2015 | $124,084 | +1.4% | $192,738 |
| 2016 | $127,403 | +2.7% | $204,509 |
| 2017 | $130,107 | +2.1% | $216,767 |
| 2018 | $133,127 | +2.3% | $230,541 |
| 2019 | $138,890 | +4.3% | $242,088 |
| 2020 | $147,488 | +6.2% | $257,151 |
| 2021 | $160,795 | +9.0% | $295,959 |
| 2022 | $176,618 | +9.8% | $340,014 |
| 2023 | $181,672 | +2.9% | $348,160 |
| 2024 | $185,636 | +2.2% | $359,751 |
| 2025 | $189,081 | +1.9% | $362,959 |
| September 2026 | $193,081 | +2.7% | $366,157 |
What a home bought in Fort Smith in any year is worth now
This index-based estimate values a typical home but is not an appraisal.
Each year's figure averages its twelve monthly index values, while the current value is September 2026. Other choices include a home appreciation calculator.
Considering a sale? You can compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links such as this one, but that never affects a number. Disclosure.
Fort Smith housing market forecast
Zillow's metro forecast for Fort Smith, AR projects +2.2% during the 12 months starting September 2026, while the next three months carry a +0.5% forecast. With Fort Smith's typical value at $193,081, the forecast would place it near $197,300 a year on.
This is Zillow's central forecast for the metro, repeated here. The site does not publish a forecast of its own. Such a 12-month forecast has usually differed from the realised change by several percentage points, either above or below it. This is not investment advice.
Find forecasts for every metro in one table: housing market forecast.
Fort Smith housing market crash risk score
Moderate, with a score of 23 out of 100
The score uses five conditions that ran high before earlier price falls to rank Fort Smith against the 292 cities. Each input receives a place from 0 to 100 when compared with the other cities. Equal weight is then given to all five places in the average. It shows conditions now without predicting a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −8.2% | 33 | 20% |
| Time on the market vs 2019 | −11.1% | 20 | 20% |
| Price-to-rent ratio | 15.1 | 28 | 20% |
| Price-to-income ratio | 3.2 | 10 | 20% |
| 12-month price change | +2.7% | 22 | 20% |
This is not investment advice. Learn how the inputs are scored: methodology. See all 292 ranked cities: crash risk by city.
Fort Smith market inventory and days on market
With 922 homes for sale in September 2026 the Fort Smith, AR metro stood +2.7% above a year earlier and −8.2% below the same month of 2019. Listings had a median sale time of 64 days, which was 11.1% below 2019, while 20.2% received a price reduction.
| Fort Smith, AR metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 922 | +2.7% |
| New listings | 288 | |
| Median days on market | 64 | −1.9% |
| Median list price | $262,500 | −4.6% |
| Share with a price cut | 20.2% |
The metro inventory source is Realtor.com® Economic Research. Realtor.com data All metros: days on market by city.
Living and rental costs in Fort Smith
Under the Zillow Observed Rent Index, Fort Smith's typical asking rent is $1,063 monthly and stands 2.4% above a year earlier. At that rent level, the cost of a typical home equals 15.1 years of rent. Census ACS 2024 reports median household income of $60,306. At that level, a typical home equals 3.2 times one year of household income. BEA gives the metro a price index of 85.9, compared with a US average of 100, and a housing cost index of 53.4.
More housing markets in Arkansas
- Little Rock $219,657
- Fayetteville, Arkansas $379,367
- Bentonville housing market $490,040.
- Hot Springs housing market $242,674.
Arkansas housing market: state overview.
How to read the chart
Each point represents the Zillow Home Value Index for Fort Smith. It shows the smoothed and seasonally adjusted value of a typical home in the market's middle third, measured in that month's dollars. The hollow dot identifies the selected month on the slider, while the terracotta dot shows the most recent month. These numbers do not account for inflation. An index tracks the typical home rather than a particular house. To value one home, use either the card above or the calculator for home appreciation and its sale price.